Senior Operational Risk Analyst

Sompo; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading insurance provider is looking for a Senior Operational Risk Analyst to enhance its Global Risk Function. This role involves strengthening operational resilience and requires experience in operational risk management, with opportunities for career development in a collaborative environment.

Benefits

Expansive Health & Wellness Benefits

Generous Retirement & Savings Plans

Global Parental Leave & Adoption Assistance

Qualifications

• Experience in property/casualty re/insurance companies or consulting firms.
• Strong understanding of operational risk management frameworks.
• Strong execution skills.

Responsibilities

• Support the development of operational risk framework and monitoring metrics.
• Review internal loss incidents and trends.
• Support the production of operational risk profiling and dashboards.

Skills

Operational risk management

Problem solving

Relationship building

Job description

Senior Operational Risk Analyst page is loaded

Senior Operational Risk Analyst

Apply locations London, United Kingdom time type Full time posted on Posted 10 Days Ago job requisition id R2870

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Senior Operational Risk Analyst to join our Global Risk Function.

This newly created role will report to the Group Head of Operational Risk. The Group Operational Risk team plays a vital role in providing oversight of key operational risks across the group including the deployment of a robust and consistent framework. This exciting opportunity will allow the incumbent to play a key part in strengthening the operational resilience of the Company with regular interaction with senior management and local risk teams across the organization.

The Global Risk Function comprising several centres of global core risk competency including: ERM reporting and risk governance; exposure management, risk modelling and research and development. Each of these global teams are led by experienced risk professionals who are charged with establishing best practices, developing global capabilities, and providing group-wide support.

Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

· Support the development of the group operational risk framework including risk appetite and monitoring metrics, and scenario analysis.

· Support the Risk and Control Self-Assessment (RCSA) process for the corporate functions (e.g., HR, BCP)

· Review internal loss incidents including root-cause analyze and trends, and share lessons learned across all regions. Review and disseminate intelligence from external events.

· Support with the production and enhancement of operational risk profiling and dashboards including executive and board level reporting.

· Support in the development of operational risk training and education materials across the Group.

· Support the configuration and maintenance of the Company’s GRC system including user-guidelines and support.

· Support with 2nd line governance and control reviews including thematical reviews commissioned by the Group Operational Risk Committee (ORC)

· Support as necessary with wider group ERM activities.

What you’ll bring:

· Experience in property/casualty re/insurance companies or consulting firms (desirable)

· Strong understanding and experience of 2nd line operational risk management frameworks

· A strong aptitude for problem solving and strong execution skills

· Ability to build relationships with diverse roles and levels in the organization

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

· Expansive Health & Wellness Benefits

· Generous Retirement & Savings Plans

· Global Parental Leave & Adoption Assistance

About Us

We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 130 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of ExpertiseTM.

“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.