Risk Analyst

Axis; Greater London; Hybrid; GBP 42,000 - 66,000; Full time

Benefits offered by this job

Medical plans for you and your family

Health and wellness programs

Retirement plans

Tuition reimbursement

Paid annual leave

Job summary

AXIS Capital in London is hiring a Risk Analyst to support the Group Risk Team in identifying, monitoring and managing key risks across AXIS’s business and operations.

You will help develop the enterprise risk view, assist with internal risk reporting (CRO report and ORSA), contribute to stress and scenario testing, and support risk reporting to stakeholders. Typically in-office three days per week. The role requires strong analytical skills and the ability to explain technical concepts clearly.

Qualifications

• Strong analytical skills and ability to meet deadlines.
• Ability to manage workload and schedule.
• Experience in report writing.
• Ability to communicate technical information clearly.
• Problem-solving skills and stakeholder interaction.

Responsibilities

• Support development and enhancement of the enterprise risk management framework.
• Assist in preparation and production of internal risk reporting materials (e.g. CRO report and ORSA).
• Support delivery of stress and scenario testing with data collection and analysis.
• Support Internal Model Validation by aggregating data, metrics and dashboards for reports.
• Support Syndicate risk reporting with regular and ad hoc risk reports.
• Assist Group ERM team in challenging AXIS’s risk processes.
• Maintain the risk management system and data.
• Participate in project work and deep-dive assessments of topical areas.

Skills

Strong analytical skills

Ability to work to deadlines

Ability to manage workload and time

Report writing skills

Explain technical information clearly

Problem-solving skills

Stakeholder communication

Education

University degree or equivalent

Job description

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

Job Description: Risk Analyst

How does this role contribute to our collective success?

The Group Risk Team is responsible for identifying, monitoring and managing key risks across all of AXIS’s business and operations. It works closely with multiple stakeholders across AXIS and establishes a view of risk using a mixture of qualitative and quantitative analyses.

The purpose of this role is to play an important part within the Group Risk Team by supporting the ongoing development of the view of risk and enabling the business to make informed decisions.

What will you do in this role?

• You will support the ongoing development and enhancement of the core components of the enterprise risk management framework.

• You will assist the team in the preparation and production of internal risk reporting materials (e.g. the CRO report and annual ORSA).

• You will support the delivery of stress and scenario testing, including coordinating the collection of data and assumptions, performing qualitative and quantitative analysis, and contributing to the preparation of results and supporting materials.

• You will support the Internal Model Validation process by bringing together key data, metrics and dashboards to ensure the efficient and timely production of the validation reports.

• You will support Syndicate risk reporting, including the preparation of regular and ad hoc risk reports.

• You will support other members of the Group ERM team in challenging AXIS’s first-line processes relating to key business risks.

• You will help maintain the risk management system and its data to ensure they are complete and up to date.

• You will participate in project work and deep-dive assessments of topical areas.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About you

We encourage you to bring your own experience and expertise to the table. While there are some qualifications and experience that you need to have, we are open to discussing how your individual knowledge might help you fulfil this role and contribute to achieving our goals.

What you need to have:

• Strong analytical skills.

• Ability to work to deadlines.

• Ability to manage your own workload and schedule.

• Report writing skills.

• Ability to absorb and learn technical information and communicate this in a way that is easy to understand.

• Problem-solving skills.

• Ability to interact with a range of stakeholders over time.

What we prefer you to have:

• Some understanding of insurance is advantageous but is not a prerequisite for the role.

• An interest in risk management and the insurance industry.

• A university degree or one year of work experience in a commercial environment, preferably within financial services.

Role factors

In this role, you will typically be required to be in the office 3 days per week.

What we offer:

You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.

This posting is for an existing vacancy.