Cyber Risk Analyst

Lockton; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading company is seeking a Cyber Risk Analyst to join their cyber reinsurance broking team. The role involves assessing and managing cyber risk exposures using data-driven techniques. Ideal candidates will have a strong analytical mindset and familiarity with cyber risk models. This position offers the opportunity to work at the intersection of cybersecurity and risk analytics, contributing to innovative solutions in the reinsurance market.

Benefits

Hands-on experience in cyber risk modeling

Innovative team environment

Qualifications

• Experience in cyber risk modeling, actuarial work, or exposure management.
• Strong analytical skills to interpret complex data.

Responsibilities

• Assist in evaluating cyber risks associated with insurance and reinsurance portfolios.
• Support cyber catastrophe modeling and scenario analysis.

Skills

Analytical Skills

Communication

Attention to Detail

Education

Degree in a numerical field

Tools

RMS

CyberCube

Cyence

Job description

Join to apply for the Cyber Risk Analyst role at Lockton.

Your Responsibilities

Lockton Re helps businesses understand, mitigate, and capitalize on risk. We’re pushing the reinsurance industry forward with smarter solutions that leverage new technologies – delivered by people empowered to do what’s right for clients. Our success has seen the business grow to a headcount of more than 450 associates globally across 19 locations.

We’re the reinsurance business of Lockton Companies, the world's largest privately-held insurance broker. Our independence allows us to deliver exceptional client service without conflicts of interest or external pressures.

We are seeking individuals who will thrive in this environment. Due to the growing demand for cyber-specific analytical skills in our Cyber broking team, we are recruiting for this Cyber Risk Analyst role.

About The Role

A Cyber Risk Analyst will support our cyber reinsurance broking team in assessing, quantifying, and managing cyber risk exposures using data-driven techniques and models. This role suits someone with an analytical mindset, a keen interest in cyber threats, and an understanding of risk modeling. You will collaborate with brokers, actuaries, and analytics specialists to support risk transfer solutions in the reinsurance market.

Key Responsibilities

• Assist in evaluating cyber risks associated with insurance and reinsurance portfolios.
• Support cyber catastrophe modeling and scenario analysis for risk aggregation.
• Conduct assessments of cyber threats and their potential financial impacts.
• Monitor emerging cyber threats, incidents, and regulatory developments affecting the market.
• Support industry insights and trend analysis to aid decision-making.
• Analyze cyber risk accumulation and systemic risk factors.
• Assist in analyzing cyber exposure data from cedents and clients.
• Support development of risk appetite frameworks and accumulation controls.
• Collaborate with actuarial and broking teams to assess cyber risk pricing and reinsurance structures.

Qualifications

• Experience in cyber risk modeling, actuarial work, catastrophe modeling, or exposure management.
• Familiarity with cyber risk models (e.g., RMS, CyberCube, Cyence).
• Knowledge of cyber incident trends and their financial impact.
• Understanding of reinsurance structures and portfolio risk management.
• Degree in a numerical field such as Computer Science, Data Science, Actuarial Science, Economics, or related.
• Basic understanding of cybersecurity principles, risk modeling, and financial risk management.
• Strong analytical skills to interpret complex data and assess systemic cyber risks.
• Effective communication skills for presenting insights to diverse stakeholders.
• Attention to detail for managing large datasets and documenting assessments.
• Ability to collaborate effectively with brokers, actuaries, and modeling teams.

Why join us?

• Work at the intersection of cybersecurity, risk analytics, and reinsurance.
• Gain hands-on experience in cyber risk modeling and portfolio management.
• Be part of an innovative team shaping the future of cyber risk transfer.