At a Glance
- Tasks: Analyse risks and support strategic decision-making in a leading insurance firm.
- Company: Join a top insurer with a focus on risk management and compliance.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Dynamic role with opportunities to partner across various teams.
- Why this job: Make a real impact by shaping risk strategies and influencing key decisions.
- Qualifications: Experience in risk management and strong analytical skills required.
The predicted salary is between 55000 - 70000 £ per year.
A leading insurer is seeking a Senior Risk Analyst to join its Enterprise Risk team. Working closely with senior stakeholders across the business, the role combines risk oversight, analysis and business partnering to support effective risk management, strategic decision-making and regulatory compliance.
Key Responsibilities
- Deliver risk analysis and identify emerging and forward-looking risks.
- Support stress testing, scenario analysis and wider risk framework activities.
- Assist with the development and maintenance of ORSA documentation.
- Provide independent review and challenge of business activities from a second-line risk perspective.
- Maintain a holistic view of the organisation’s risk profile.
- Produce risk reporting and insights for Executive and Board-level committees.
- Lead or support risk reviews, thematic assessments and control effectiveness exercises.
- Contribute to internal model governance and validation oversight.
- Support regulatory reporting and engagement with Lloyd’s and PRA requirements.
- Enhance risk MI, dashboards and reporting capabilities.
Additional Responsibilities
- Partner with Underwriting, Claims, Finance, Operations, Actuarial and Compliance teams.
- Support data quality initiatives and process improvements.
- Ensure adherence to governance, risk and regulatory standards.
- Assist with wider risk projects and business initiatives as required.
Requirements
- Experience within Risk Management or a related role in insurance or financial services.
- Lloyd’s / London Market experience preferred.
- Understanding of Solvency II, ORSA, internal models and regulatory frameworks.
- Experience supporting senior management, Board-level reporting or regulatory engagement.
- Strong analytical, problem-solving and stakeholder management skills.
- Advanced Excel skills; experience with data analytics tools is beneficial.
Ideal Profile
- Strong communicator with the ability to simplify complex risk topics.
- Collaborative and commercially minded.
- Proactive, organised and able to manage multiple priorities effectively.
Senior Risk Analyst employer: Gravitas Group
As a leading insurer, we pride ourselves on fostering a dynamic and inclusive work environment where our employees can thrive. Our Enterprise Risk team offers unparalleled opportunities for professional growth, collaboration with senior stakeholders, and the chance to make a meaningful impact on strategic decision-making and regulatory compliance. Located in the heart of the financial district, we provide competitive benefits, a strong commitment to employee development, and a culture that values innovation and teamwork.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Analyst
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Gravitas Group looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Risk Analyst
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Gravitas Group. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Gravitas Group
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Gravitas Group’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
