Senior Risk Analyst

Willis Towers Watson; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global risk management firm is seeking a Senior Risk Analyst to support the European Enterprise Risk Management team. The role involves assisting with risk assessments, monitoring risk controls, and facilitating risk training. The ideal candidate will have a degree, relevant experience in risk management or insurance, and strong communication and IT skills. This position promotes inclusivity within the workplace.

Qualifications

• Experience in a similar position, preferably in the insurance sector.
• Ability to work autonomously and to strict deadlines.
• Meticulous attention to detail.

Responsibilities

• Assist with the maintenance and monitoring of all Risk and Control Assessments.
• Support the risk assessment processes including new products.
• Collate and analyse data for risk reporting.
• Partner on all aspects of the ERM Framework.
• Assist with the development of risk management training.

Skills

Risk management processes

Interpersonal skills

Excellent communication

MS Excel

MS Word

MS PowerPoint

Education

Degree level education or equivalent

Relevant professional qualification

Tools

GRC systems

Job description

Job Description

The Senior Risk Analyst, working as part of the 2nd line of defense, is responsible for supporting the European Enterprise Risk Management team in conducting various risk management activities within the agreed ERM Function plan(s). The Senior Risk Analyst will work closely with the business and other corporate functions to support the embedding of risk management practices in the organization.

The role reports to the Risk Director.

The Role

Risk Assessment

• Assist with the maintenance and monitoring of all Risk and Control Assessments for lines of business and corporate functions.
• Support and facilitate risk assessment processes, such as new products, risk acceptance etc., including the maintenance of relevant logs and action tracking.
• Assist with the regulatory capital management assessment processes, including scenario analysis, analysis of resources, wind-down planning and drafting associated reporting.
• Support the management of the Emerging Risk process.
• Reporting - Collate and analyse data to support the production of relevant risk analysis and risk reporting.
• Assist with the production of regular committee risk reporting to set deadlines.

Monitoring

• Assist with the maintenance and monitoring of the risk issues, including associated action plans. Support the Risk team with minutes of meetings and the development and monitoring of associated action logs.

Training and Awareness

• Partner with segment, geography and corporate function Risk Co-ordinators on all aspects of the ERM Framework, i.e., risk & control assessment process, risk issues, incidents, GRC system, training etc.
• Assist with the development and delivery of risk management training to lines of business and corporate functions.
• Support the implementation of the GRC tool across Europe, including required training.

Qualifications

• Educated to degree level or equivalent and a relevant professional qualification would be advantageous.
• Experience in a similar position, preferably in the insurance sector, is desirable.
• Good knowledge of risk management processes.
• Team player, excellent interpersonal and influencing skills and the ability to maintain effective working relationships.
• Excellent communication skills, both verbal and written.
• Ability to work in a highly collaborative environment
• Excellent IT skills, in particular MS Excel, Word and PowerPoint and user experience of GRC systems
• Highly organised, comfortable working autonomously and to strict deadlines.
• Meticulous attention to detail.

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

We're committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [e-mail].