Senior Risk Analyst - Maternity Cover in London

At MS Amlin, we operate at the heart of the Lloyd's market – a place where complex risks meet innovative solutions. We're looking for a Senior Risk Analyst to join our team and help shape how we manage and oversee quantitative risk across the business.

There will be an expectation to be involved in all aspects of the 2nd line Risk function, with a heavy bias towards the quantitative risk aspects (across insurance and financial risk). You'll collaborate with specialists across the business, contribute to management level discussions, and gain exposure to the decision‐making that drives a leading Lloyd's syndicate.

This is an opportunity to work in a collaborative, forward-looking Risk team where your work will be visible at the highest levels of the business. You'll gain exposure across the full spectrum of insurance risk, contribute to shaping our approach in the Lloyd's market, and develop your career in an environment that values curiosity, challenge, and growth.

If you're looking to develop your expertise and play a meaningful role within a high-performing Risk Function, we encourage you to apply.

• Deliver the Integrated Assurance Plan by agreeing review scopes, executing reviews, and producing high-quality final reports.
• Lead and contribute to risk discussions with stakeholders, offering constructive challenge and practical recommendations.
• Define and monitor risk appetite, tolerances, and key risk indicators (KRIs), reporting outcomes to management committees and the Board.
• Investigate and track risk events through to resolution.
• Provide insightful analysis on risks and controls, ensuring issues are identified, escalated, and resolved.
• Conduct deep-dive reviews into critical topics such as business planning, reinsurance purchasing, and reserving.
• Contribute to the Own Risk and Solvency Assessment (ORSA), ensuring it is a value-adding tool that informs risk-based decision making.
• Partner with Compliance to coordinate the Lloyd's PBO attestation, helping stakeholders evidence how MS Amlin meets Lloyd's expectations.
• Represent Risk in working groups and change programmes, providing review and challenge throughout.
• Monitor emerging risks and market trends, assessing their impact on MS Amlin and the wider Lloyd's market.
• Prepare clear, concise, and impactful risk reporting for management and Board committees.
• Support the development and performance management of junior team members.
• Champion a culture of risk awareness, acting as a role model within the Risk function.
• Contribute to the Risk & Compliance Knowledge Management pillar, raising awareness of risk management across the organisation.
• Lead on 2nd line functional objectives, collaborating across pillars to deliver shared goals.

Have a desire to move into Risk Management. Take pride in the quality of your work. Enjoy collaborating and building strong, lasting relationships with stakeholders. Can explain complex risk management concepts in clear, simple terms. Have the courage to challenge constructively across the business. Bring fresh ideas and a clear vision for how to execute them. Are committed to continuous learning and development.

Requirements:

• Actuarial experience in Underwriting/Portfolio Management or Reserving/Capital or demonstrable experience driving Insurance Risk deliverables.
• Strong analytical skills with the ability to generate data-driven insights.
• Ability to connect themes across different areas, identify interdependencies, and apply a commercial lens to balance risk and reward.
• Strong written and presentation skills, capable of engaging senior stakeholders and ensuring the 'risk voice' is heard.
• Proven ability to manage multiple projects and prioritise effectively.

What will set you apart:

• Knowledge of the Lloyd's Market and its regulatory landscape.
• Exposure to Outwards Reinsurance or Exposure Management.
• Experience of Risk Management or Validation.

What you can expect from us: As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits.

About MS Amlin: MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd's of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge.

DE&I at MS Amlin: We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.