At a Glance
- Tasks: Manage operational resilience and coordinate with teams for compliance and reporting.
- Company: Join Westfield, a leading global insurance provider with a rich history since 1848.
- Benefits: Enjoy a collaborative culture, recognition for your efforts, and opportunities for growth.
- Why this job: Be part of a dynamic team focused on innovation and resilience in the insurance industry.
- Qualifications: 4+ years in insurance, knowledge of Lloyd's Market, and strong communication skills required.
- Other info: CII qualifications are a plus, but not essential; creativity and critical thinking are encouraged.
The predicted salary is between 43200 - 72000 Β£ per year.
Key Accountabilities
- Responsible for day-to-day management of operational resilience across Syndicate 1200, being a primary subject matter expert for regulatory operational resilience and coordinating these requirements with Business Continuity and Disaster Recovery.
- Help to own the Syndicate's Important Business Services (IBS) and Impact Tolerances (ITols) and be responsible for ensuring they remain relevant and accurate.
- Become the Deputy Chair of the Operational Resilience Working Group and a member of the Incident Response Team, providing expert input and coordination to the group, and support the completion of work and preparation of materials for the Steering Committee.
- Provide support and expertise into operational resilience regulatory returns, attestations and internal committee and board reporting.
- Manage a full suite of operational resilience materials and documentation for both regulatory compliance and support for functional and day-to-day resilience work.
- Coordinate the alignment and consistent reporting and progression of operational resilience adherence with business continuity planning, disaster recovery (IT) and cyber resilience (Info Security) to ensure a joined up approach across the syndicate.
- Support the Head of Operational Controls and Head of Underwriting Operations in agreeing the strategy and priorities for operational resilience compliance, enhancing broader business awareness and ensuring necessary alignment with Westfield Group.
Role Requirements
- Help to own and maintain the Syndicate's Important Business Services and Impact Tolerances, and coordinate a comprehensive operational resilience scenario testing program for all IBSs and ITols.
- Assist with the coordination and completion of operational resilience regulatory returns, Lloyd's attestations and Board Self-Assessment Returns, as well as monthly and quarterly internal committee and board reporting.
- Develop and maintain a best-in-class suite of operational resilience materials and documentation, including policies and procedures, testing methodology, scenario library, testing schedule and action trackers.
- Enhance, test and manage incident response communication guidelines and develop a robust process for using them during an operational incident.
- Work with key teams and functions within the syndicate and establish strong working relationships to help align operational resilience and business continuity efforts, and increase awareness of resilience requirements and processes across all teams.
- Develop new, relevant and creative ways of enhancing the operational resilience framework and improving preparedness for incidents and disruption.
Skills & Competencies Required
- Comprehensive knowledge of Lloyd's operational resilience requirements and processes, and strong understanding of best practice design of a holistic operational resilience program.
- Excellent communication skills - both oral and written, being able to write clear, precise and well organised documents, reports and committee/board-level reporting, and communicate complex topics articulately and professionally to a range of audiences and seniorities.
- Strong presentational and advanced PowerPoint skills, alongside a keen eye for how to turn data into information and present it to a variety of stakeholders.
- Experience in and strong ability to provide detailed analysis and insight, offer critical thinking and challenge existing processes and methods to drive creative improvement and change.
- Relationship building - establishing and maintaining strong working relationships across all key functions and operational resilience SMEs, and an ability to influence and persuade effectively.
- Exceptional organisational skills - being able to prioritise tasks, manage time and workload, work independently and as part of a team, deliver on deadlines and demonstrate drive and diligence.
Qualifications & Experience
- CII qualifications preferable although not essential.
- At least 4 years of insurance industry experience.
- Knowledge of the Lloyd's Market essential.
- Experience of operational resilience and related regulatory requirements essential.
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 thought and transparency. All three are underpinned by Reward & Recognition, where people are supported & respected, and success is celebrated.
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.
Operational Resilience Senior Analyst employer: Westfield
Contact Detail:
Westfield Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Operational Resilience Senior Analyst
β¨Tip Number 1
Familiarise yourself with Lloyd's operational resilience requirements and best practices. Understanding these will not only help you in interviews but also demonstrate your commitment to the role.
β¨Tip Number 2
Network with professionals in the insurance industry, especially those involved in operational resilience. Engaging with them can provide insights into the role and may even lead to referrals.
β¨Tip Number 3
Prepare to discuss specific examples of how you've contributed to operational resilience or similar projects in your previous roles. This will showcase your experience and problem-solving skills.
β¨Tip Number 4
Stay updated on current trends and challenges in operational resilience, particularly in the insurance sector. Being knowledgeable about recent developments will set you apart during discussions.
We think you need these skills to ace Operational Resilience Senior Analyst
Some tips for your application π«‘
Understand the Role: Before you start writing your application, make sure you fully understand the responsibilities and requirements of the Operational Resilience Senior Analyst position. Tailor your application to highlight how your skills and experiences align with the key accountabilities mentioned in the job description.
Highlight Relevant Experience: Emphasise your experience in operational resilience and regulatory requirements, particularly within the insurance industry. Use specific examples from your past roles that demonstrate your ability to manage operational resilience and contribute to business continuity and disaster recovery efforts.
Showcase Communication Skills: Since excellent communication skills are crucial for this role, ensure your application reflects your ability to write clear and organised documents. Provide examples of reports or presentations you've created, especially those that required you to communicate complex topics to various audiences.
Demonstrate Relationship Building: The job requires strong relationship-building skills. In your application, mention instances where you've successfully collaborated with different teams or stakeholders. Highlight your ability to influence and persuade effectively, as this will resonate well with the company's emphasis on collaboration.
How to prepare for a job interview at Westfield
β¨Understand Operational Resilience
Make sure you have a solid grasp of operational resilience concepts, especially within the context of the Lloyd's Market. Be prepared to discuss how you would manage and enhance operational resilience in a practical setting.
β¨Showcase Your Communication Skills
Since excellent communication is key for this role, practice articulating complex ideas clearly and concisely. Prepare examples of how you've effectively communicated with various stakeholders in previous roles.
β¨Demonstrate Analytical Thinking
Be ready to showcase your analytical skills by discussing past experiences where you provided detailed analysis or challenged existing processes. Highlight any creative improvements you implemented as a result.
β¨Build Relationships
Emphasise your ability to build strong working relationships. Prepare examples of how you've collaborated with different teams to align operational resilience efforts and increase awareness of resilience requirements.