At a Glance
- Tasks: Analyse risk data to identify patterns and produce insightful reports.
- Company: Join a leading financial services firm focused on risk management.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for growth in a proactive risk culture.
- Why this job: Make a real impact by shaping risk strategies in a dynamic industry.
- Qualifications: Studying or holding relevant degrees and certifications in risk management.
The predicted salary is between 45000 - 55000 £ per year.
Description
Key Accountabilities & Role Requirements
- Collates, analyses and interprets risk data to identify patterns and risks.
Produces accurate, timely risk reports and dashboards, ensuring accuracy and alignment with established reporting standards.
- Supports detailed validation checks and reporting linked to the capital model and risk repository ensuring accuracy, completeness, and alignment with established methodologies and assumptions.
- Analyses risks, including climate risk, within defined frameworks covering financial and non-financial risks.
Skill & Competencies Required
- Can provide examples of data and analytics quality assurance, initiative, analytical thinking, working to agreed timelines and teamwork.
- Project management support skills with track record of monitoring actions to agreed timelines.
- Supports a proactive risk culture. Writes concise, well-structured reports.
Qualifications & Experience
- Holds or is studying a relevant degree or another equivalent qualification.
- Holds or is studying relevant professional certifications (e. g., IRM, PRM, FRM, FIA, CERA, CFA, CII or equivalent)
- Has worked in Enterprise Risk Management within Financial Services, or a technical role in general insurance.
This job description describes the general nature and level of work performed in this role.
It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc.
These may be subject to change and additional functions may be assigned as needed by management. #wspi
Senior Risk Analyst in London employer: Westfield Insurance
As an Underwriting Assistant in Reinsurance, you will thrive in a dynamic and supportive environment that prioritises employee development and growth. Our company fosters a collaborative work culture where you can build meaningful relationships with brokers and clients while receiving comprehensive training to enhance your underwriting skills. Located in a vibrant area, we offer competitive benefits and a commitment to compliance and excellence, making us an exceptional employer for those seeking a rewarding career in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Analyst in London
✨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 Westfield Insurance looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Risk Analyst in London
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 Westfield Insurance. 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 Westfield Insurance
✨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 Westfield Insurance’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
