Senior Associate, Enterprise Risk

About Lloyd’s

Lloyd’s is the world’s leading insurance and reinsurance marketplace. Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd’s market — while continuing to build a Lloyd’s we are proud of. How we deliver this matters. We take the risk, make things happen, and own the outcome — working together across our global network to turn insight into impact.

Our purpose is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

The Role

We are looking for a Senior Associate, Enterprise Risk to support the development, operation, and ongoing evolution of Lloyd’s global risk framework. This role plays a key part in ensuring that Lloyd’s key risks are well understood, effectively managed, and remain within risk appetite. You will work closely with colleagues across the Corporation, contributing to enterprise‑wide risk processes, reporting, and governance, while supporting a strong and proactive risk culture.

Key Responsibilities

• Risk Strategy & Culture
  • Support the delivery and ongoing monitoring of Lloyd’s annual risk management and coordinated assurance plans
  • Contribute to strengthening and embedding an effective risk culture across the organisation
  • Provide agile support on ad‑hoc projects and requests from the Head of Enterprise Risk Management and Enterprise Risk Manager
• Risk Framework, Processes & Systems
  • Support the development and operation of Lloyd’s global risk framework, including:
  • Risk and Control Self‑Assessments (RCSAs)
  • Key and Material Controls
  • Emerging risk identification and reporting
  • Risk culture, awareness, and engagement activities
  • Contribute to the risk appetite framework, including regular reporting to senior management
  • Support the annual ORSA process
  • Help develop and maintain risk management systems and reporting tools
  • Produce timely, accurate, and insightful risk management reports using risk systems and data
• Reporting & Governance
  • Produce high‑quality routine and ad‑hoc reporting for Lloyd’s risk committees
  • Prepare materials for internal stakeholders (e.g. risk digests), external stakeholders (including rating agencies), and regulators
  • Build and maintain strong, collaborative relationships across Corporation departments

Skills, Knowledge & Experience

• Skills
  • Strong understanding of enterprise risk management practices and frameworks
  • Excellent analytical skills, with the ability to communicate complex risk topics clearly to both technical and non‑technical audiences
  • Confident stakeholder management skills, including the ability to challenge constructively and influence outcomes
  • Strong written and verbal communication skills
  • Highly organised, with the ability to manage competing priorities and work effectively under pressure
  • Resilient and comfortable operating under scrutiny
• Knowledge
  • Solid knowledge of enterprise risk management frameworks and processes
  • Good understanding of the insurance industry and the Lloyd’s market
• Experience
  • Experience working within a high‑performing risk, audit, or control environment
  • Proven experience engaging with and managing senior stakeholders, including challenging situations
  • Hands‑on experience with risk frameworks, tools and reporting processes

Why Join Lloyd’s?

At Lloyd’s, our values shape how we work every day: Take the risk – make smart, calculated decisions that move us forward. Make it happen – act with energy, urgency and a solutions‑focused mindset. Own the outcome – take responsibility and deliver high‑quality results, end‑to‑end.

Being inclusive at Lloyd’s is integral to how we work — and how we deliver impact. We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential. We take the risk by challenging traditional thinking and being proactive about inclusion. That means being open and positive about workplace adjustments, prioritising health and wellbeing and investing in diversity and inclusion training so anyone feels able to contribute and succeed.

We make things happen by turning our commitment into action. Through employee networks, mentoring, volunteering opportunities and sustained investment in professional development, we create an environment where inclusion is experienced day‑to‑day — not just talked about. We own the outcome by focusing on impact. By bringing together diverse perspectives and the best minds in the industry, we work collaboratively with underwriters and brokers to create innovative, responsive solutions that share risk and solve complex problems across global markets.