At a Glance
- Tasks: Support risk management by maintaining frameworks and providing analytical support.
- Company: Join a leading third-party managing agent team at Lloyd's.
- Benefits: Gain valuable experience in risk analysis with potential for career growth.
- Other info: Collaborate closely with in-house teams and enhance your professional network.
- Why this job: Make a real impact on risk management processes in a dynamic environment.
- Qualifications: Analytical skills and a keen interest in risk management are essential.
The predicted salary is between 69750 - 85250 £ per year.
This role sits within a specialist third-party managing agent team embedded directly into client operations at Lloyd's. The Risk Analyst supports the client's risk management function, working alongside in-house teams to maintain frameworks, contribute to process improvement, and provide day-to-day analytical support across the risk lifecycle.
Key Responsibilities
- Maintain and update the risk register, ensuring entries are accurate, current, and appropriately evidenced.
- Support the production of risk reporting for board, committee, and senior management audiences.
- Assist in the identification, assessment, and monitoring of operational, underwriting, and market risks.
- Contribute to Own Risk and Solvency Assessment (ORSA) processes and supporting documentation.
- Liaise with business areas to embed risk appetite frameworks and escalation procedures.
- Identify opportunities to improve risk processes, controls, and reporting workflows.
- Support stress and scenario testing exercises, documenting assumptions and outputs.
- Maintain awareness of Lloyd's risk management requirements, including those set out in the Minimum Standards.
This role is placed and managed by a specialist third-party managing agent. Candidates will be embedded directly into the client's team.
Risk Analyst - Insurance employer: G MASS Consulting
G MASS Consulting is an excellent employer that values autonomy and innovation, providing a dynamic work environment where you can significantly impact non-financial returns processes. With a strong focus on employee growth, we offer opportunities for professional development and a hybrid working model that promotes work-life balance. Join us in our London office to be part of a collaborative culture that prioritises excellence and continuous improvement.
