Senior Risk Analyst

Senior Risk Analyst

Full-Time 45000 - 55000 £ / year (est.) No working from home possible
Westfield Specialty International

At a Glance

  • Tasks: Analyse risk data to identify patterns and produce insightful reports.
  • Company: Join Westfield, a global leader in property and casualty insurance.
  • Benefits: Enjoy competitive pay, professional growth, and a supportive work culture.
  • Other info: Be part of a dynamic team that values excellence, ambition, and collaboration.
  • Why this job: Make a real impact by tackling financial and climate risks.
  • Qualifications: Studying or holding a relevant degree and certifications in risk management.

The predicted salary is between 45000 - 55000 £ per year.

Job Description

  • 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.

Job Description

  • 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.
  • 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

About Us

Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products.

Westfield underwrites commercial, personal, surety, and specialty lines of coverage through a network of leading independent agents and brokers in the United States and specialty products through Lloyd’s of London Syndicate 1200.

As a mutual insurance company with more than 3,000 employees, Westfield has revenues in excess of $4 billion and more than $10 billion in assets.

  • About The Team
  • Westfield Specialty International Culture

Our culture is centred around three core values: Excellence , focused on high performance, agility and embracing change; Ambition , where inquisitiveness, challenge and a bold approach is encouraged; and Collaboration , delivering shared goals through collective expertise, diversity of thoughtand transparency.

All three are underpinned by

Reward & Recognition, where people are supported & respected, and success is celebrated.

  • Equal Opportunity Employer
  • United

States: All applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran.

United

Kingdom: Westfield is committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

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Senior Risk Analyst employer: Westfield Specialty International

Westfield is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the Junior Exposure Analyst role. With a strong commitment to employee growth, you will have access to continuous learning opportunities in the dynamic sectors of Oil & Gas and Renewable Energy, all while working in a supportive environment that values diversity and inclusion. Located in a vibrant area, Westfield also offers unique advantages such as participation in industry forums and conferences, enhancing both your professional network and industry awareness.

Westfield Specialty International

Contact Details:

Westfield Specialty International Recruitment Team

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 Westfield Specialty International looking for candidates who are engaged and informed.

We think you need these skills to ace Senior Risk Analyst

Risk Data Analysis
Reporting Standards Compliance
Validation Checks
Capital Model Analysis
Climate Risk Assessment
Financial and Non-Financial Risk Analysis
Data Quality Assurance

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 Specialty International. 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 Specialty International

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 Specialty International’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!