Risk Analytics Analyst

Davies Consulting; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A consulting firm in the UK seeks a Risk Analytics Analyst to support key quantitative elements of the Risk Management Framework. The ideal candidate will possess excellent analytical and interpersonal skills, along with knowledge of the insurance market. The role offers substantial benefits including 25 days of holiday and a pension contribution. Applicants should be adaptable and detail-oriented.

Benefits

Reward platform with discounts for over 800 retailers

25 days holiday (rising with service)

Well-being centre and recognition programme

Family friendly employer

Pension with company contribution at 10%

Life assurance (10× basic salary)

Private medical with annual health check

Development, training and professional qualification

Employee volunteering programme

Qualifications

• Excellent interpersonal, numerical and written communication skills.
• Analytical ability to solve problems involving data and processes.
• High technical accuracy and attention to detail.
• Flexibility to adapt to changing priorities.
• Initiative to contribute to ongoing development and improvements.
• Knowledge of insurance market and quantitative risk management.
• Intermediate proficiency in MS Office (Word, Excel, PowerPoint).

Responsibilities

• Support development and maintenance of quantitative elements of the Risk Management framework.
• Quarterly monitoring and development of Actuarial and Exposure Management related risks.
• Production of the risk team review of Syndicate SBFs.
• Preparation of Syndicate ORSA documentation.
• Support internal model validation processes.
• Operational risk validation and drafting reports.
• Oversight of internal model governance.
• Stress and scenario testing.
• Maintain strong working relationships with relevant teams.

Skills

Interpersonal skills

Analytical ability

Attention to detail

Organisational skills

Knowledge of insurance market

MS Office proficiency

Job description

Overview

Risk Analytics Analyst supporting the Senior Risk Analytics Manager on key quantitative elements of the Risk Management Framework, ensuring strong risk management across multiple syndicates and clients within a Portfolio. Location: London, UK.

Key Responsibilities

• Support development and maintenance of quantitative elements of the Risk Management framework.
• Quarterly monitoring and development of Actuarial and Exposure Management related risks and appetite.
• Production of the risk team review of Syndicate SBFs.
• Preparation of Syndicate ORSA documentation including specific quantitative elements.
• Support internal model validation processes including internal model approval processes, major model change submissions, summer LCR submissions.
• Operational risk validation and drafting reports to the Internal Model Technical Group (IMTG), Internal Model Steering Committee (IMSC) and other forums.
• Oversight of internal model, Lloyd’s Standard Model and partial internal model governance.
• Stress and scenario testing as directed and support delivery of the stress and scenario framework.
• Maintain strong working relationships with actuarial and exposure management teams and other relevant teams at Asta.

Skills, Knowledge & Expertise

• Excellent interpersonal, numerical and written communication skills.
• Analytical ability to solve problems involving data and processes.
• High technical accuracy and attention to detail.
• Flexibility to adapt to changing priorities with good organisational skills.
• Initiative to contribute to ongoing development and improvements through original thinking, persuasive argument, and a considered approach.
• Knowledge of insurance market and quantitative risk management with understanding of the activities of a Lloyd’s syndicate.
• Intermediate proficiency in MS Office (Word, Excel, PowerPoint).

Benefits

• Reward platform with discounts for over 800 retailers.
• 25 days holiday (rising with service).
• Well-being centre and recognition programme.
• Family friendly employer.
• Pension with company contribution at 10%.
• Life assurance (10× basic salary).
• Private medical with annual health check.
• Development, training and professional qualification.
• Employee volunteering programme.