At a Glance
- Tasks: Support risk management by maintaining registers and producing reports for senior management.
- Company: Join a leading third-party managing agent team at Lloyd's.
- Benefits: Competitive salary and a 9-month contract with potential for growth.
- Other info: Work closely with in-house teams and engage with senior stakeholders.
- Why this job: Make a real impact in risk management within the dynamic insurance market.
- Qualifications: Experience in risk management and familiarity with Lloyd's standards required.
The predicted salary is between 45000 - 55000 £ 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.
Requirements:
- Background in risk management within the Lloyd's or London insurance market.
- Familiarity with Lloyd's Minimum Standards and the Solvency II risk framework.
- Experience producing risk registers, appetite statements, and board-level risk reports.
- Competent with Excel and data tools; exposure to GRC platforms or risk systems an advantage.
- Able to engage credibly with senior stakeholders while working independently day‑to‑day.
- Process-oriented with an eye for control gaps and reporting improvements.
Benefits:
- Competitive Salary.
- Initial 9-month contract.
Risk Analyst - Insurance in Gloucester employer: G MASS
G MASS is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets finance. Employees benefit from a collaborative culture that encourages professional growth and development, alongside competitive remuneration and flexible working arrangements. With a focus on enhancing broker data handling capabilities, this role provides a unique opportunity to work with cutting-edge technology and contribute to impactful projects within a leading hedge fund.
