Risk Analyst

Risk Analyst

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team to manage risk and support strategic decisions.
  • Company: Be part of a growing Lloyd’s Managing Agent with a collaborative culture.
  • Benefits: Enjoy a permanent role with opportunities for hands-on experience and professional growth.
  • Why this job: Make an impact in a fast-paced environment while building valuable relationships across the business.
  • Qualifications: 2-5 years in risk, compliance, or internal audit; strong communication skills required.
  • Other info: Ideal for those eager to engage in diverse risk management activities.

The predicted salary is between 36000 - 60000 £ per year.

A growing Lloyd’s Managing Agent is seeking a proactive and analytical Risk Analyst to join its close-knit Risk team. With big plans and a collaborative culture, this is an opportunity to roll up your sleeves and get hands-on with all aspects of risk management while building meaningful relationships across the business.

Working closely with the Risk Manager and the wider executive team, you’ll support the development and embedding of the enterprise risk management (ERM) framework across the company’s syndicate and corporate platforms. This is a highly visible role, ideal for someone who thrives in a broad, fast-paced environment, with exposure to everything from technical reporting to strategic conversations.

Key responsibilities include:

  • Maintaining and updating the Risk Register and supporting the RCSA process
  • Producing risk MI and reports for committees, board packs, and regulators
  • Supporting the ORSA process, including coordination of risk inputs and documentation
  • Facilitating risk workshops and engaging with stakeholders across underwriting, finance, operations, compliance, and more
  • Supporting stress and scenario testing, and risk appetite monitoring
  • Helping drive awareness of risk throughout the business

What We’re Looking For:

  • 2–5 years' experience in risk, compliance, actuarial, or internal audit within (re)insurance or financial services
  • Exposure to Lloyd’s or PRA regulatory expectations is highly desirable
  • Excellent communication and stakeholder skills—you’ll be talking to everyone from junior staff to ExCo
  • Strong attention to detail, plus confidence working with data and reporting tools
  • A hands-on, team-oriented mindset and the desire to contribute beyond your job title

Risk Analyst employer: IDEX Consulting Ltd

Join a dynamic and growing Lloyd's Managing Agent in the heart of London, where you will be part of a collaborative team dedicated to risk management excellence. With a strong focus on employee development and a culture that encourages proactive engagement, this role offers unique opportunities for professional growth and meaningful contributions to the business. Enjoy the benefits of working in a high-impact environment that values innovation and teamwork, making it an excellent employer for those looking to advance their careers in the insurance sector.
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Contact Detail:

IDEX Consulting Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Analyst

✨Tip Number 1

Familiarise yourself with the Lloyd's market and its regulatory environment. Understanding the specific challenges and expectations of Lloyd's will help you stand out during conversations with the hiring team.

✨Tip Number 2

Network with professionals in the risk management field, especially those who work within Lloyd's or similar environments. Attend industry events or webinars to make connections that could lead to valuable insights and recommendations.

✨Tip Number 3

Prepare to discuss your experience with risk registers and reporting tools in detail. Be ready to share specific examples of how you've contributed to risk management processes in previous roles, as this will demonstrate your hands-on approach.

✨Tip Number 4

Showcase your communication skills by preparing to engage in discussions about risk with various stakeholders. Practice articulating complex risk concepts in a clear and concise manner, as this role requires interaction with both technical and non-technical audiences.

We think you need these skills to ace Risk Analyst

Risk Management
Analytical Skills
Attention to Detail
Stakeholder Engagement
Communication Skills
Data Analysis
Reporting Skills
Knowledge of Regulatory Frameworks
Experience with Risk Registers
Facilitation Skills
Scenario Testing
Team Collaboration
Proactive Mindset
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk, compliance, or internal audit. Emphasise any exposure to Lloyd’s or PRA regulatory expectations, as this is highly desirable for the role.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific experiences that demonstrate your analytical skills and ability to work collaboratively within a team.

Highlight Communication Skills: Given the importance of communication in this role, provide examples in your application that showcase your ability to engage with various stakeholders, from junior staff to executive teams.

Showcase Attention to Detail: Include instances where your attention to detail has positively impacted your previous roles. This could be through accurate reporting, maintaining registers, or supporting risk management processes.

How to prepare for a job interview at IDEX Consulting Ltd

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Risk Analyst. Familiarise yourself with the enterprise risk management (ERM) framework and be prepared to discuss how your experience aligns with the key tasks mentioned in the job description.

✨Showcase Your Analytical Skills

Be ready to demonstrate your analytical abilities during the interview. Prepare examples of how you've used data and reporting tools in previous roles, especially in risk management or compliance contexts.

✨Communicate Effectively

Since this role involves engaging with various stakeholders, practice articulating your thoughts clearly and confidently. Think about how you can convey complex risk concepts in a straightforward manner that everyone can understand.

✨Prepare for Scenario Questions

Expect to face scenario-based questions that assess your problem-solving skills. Think of potential risk situations you might encounter in the role and how you would approach them, particularly in relation to stress testing and risk appetite monitoring.

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