Senior Risk Analyst

QBE Europe; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance company is seeking a Senior Risk Analyst in London to focus on ESG and Operational Risk. This is a full-time position that involves assessments of operational risks, mentoring team members, and facilitating ESG scenario analysis. The ideal candidate will have significant experience within financial services and operational/ESG risk management, as well as strong stakeholder engagement skills.

Benefits

Flexible working

Wellbeing initiatives

Career development opportunities

Qualifications

• Significant experience working within the financial services industry is essential.
• Extensive experience within Operational and/or ESG Risk.
• Proven ability to analyse complex data and translate it into actionable insights.
• Strong report writing and documentation skills.
• Excellent stakeholder engagement and relationship management skills.
• Confident presenter with strong verbal and written communication skills.
• Ability to lead and mentor team members.

Responsibilities

• Conduct assessments of operational risks and recommend mitigation strategies.
• Monitor and report operational risk incidents.
• Manage and mentor one direct report.
• Provide reviews and challenges for business areas, including ESG.
• Build relationships with internal stakeholders.
• Lead reporting of the Climate Risk Dashboard.
• Facilitate scenario analysis related to ESG risks.

Skills

Analytical Thinking

Commercial Acumen

Critical Thinking

Customer Service

Detail-Oriented

Enterprise Risk Management (ERM)

Financial Markets

Financial Modeling

Intentional collaboration

Managing performance

Process Improvements

Risk Management

Risk Mitigation Strategies

Stakeholder Management

Strategic Management

Tools

Microsoft Office

Data Visualization Tools

Job description

Primary Details

Time Type: Full time

Worker Type: Employee

Senior Risk Analyst

London, Full-Time

We’re seeking a talented and driven Senior Risk Analyst to join our Risk team, with a focus on Environmental, Social & Governance (ESG) and Operational Risk matters. In this role, you’ll play a key part in shaping our approach to ESG risk, delivering insightful analysis and supporting regulatory and management reporting.

Our ideal candidate has an Operational or ESG Risk background, working within a financial services firm. This is an exciting opportunity to work in a dynamic, collaborative environment, gain exposure to senior stakeholders and make a meaningful impact on the wider business.

Please note this is a 6 to 12 Month Fixed Term Contract and is a non-IT Risk role.

Your New Role

As part of a collaborative Risk team, you’ll deliver clear, impactful findings and recommendations, as the trusted Risk Business Partner for ESG. You’ll also lead process improvement initiatives across different functions, with curiosity and commercial acumen, helping to shape the businesses approach to risk.

Key Responsibilities

• Conduct thorough assessments of operational risks, identifying potential vulnerabilities and recommending mitigation strategies
• Monitor, investigate and report operational risk incidents, ensuring root cause analysis is performed and corrective actions are tracked
• Manage and provide guidance, support and mentorship to one direct report, to ensure delivery of team objectives
• Provide second‑line review and challenge for relevant business areas, including ESG, and collaborate effectively with other assurance functions to promote a unified approach
• Provide review and challenge for Risk and Control Self‑Assessments (RCSA’s) and conduct risk reporting e.g. in relation to RCSA’s, issues and incident management
• Build and maintain strong relationships with internal stakeholders and participate in cross‑functional meetings to promote a strong risk culture
• Lead the production and reporting of the Climate Risk Dashboard and contribute to both management and regulatory ESG reporting
• Facilitate scenario analysis related to ESG risks and conduct gap analyses for new ESG‑related regulatory requirements, developing proposals to address them
• Represent the Risk function in relevant forums, ensuring alignment with Group standards

About You

• Significant experience working within the financial services industry is essential for this role
• Extensive experience within Operational and/or ESG Risk with a sound understanding of risk management frameworks, processes and tools, particularly within ESG domains
• Proven ability to analyse complex data and translate it into actionable insights, with an awareness of business implications of risk decisions
• Strong report writing and documentation skills, with good attention to detail
• Excellent stakeholder engagement and relationship management skills, with the ability to influence and challenge constructively
• Confident presenter with commercial acumen and strong verbal and written communication skills, able to tailor messaging to different audiences
• Proficient in Microsoft Office (Excel, PowerPoint, Word, Outlook), risk systems and data visualisation tools
• Ability to lead and mentor team members, fostering collaboration and continuous improvement

Why QBE? At My Best

At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best ”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to our people. Everything we do is underpinned by our QBE DNA.

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation.

With more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down‑to‑earth, passionate, and kind.

At My Best - QBE Benefits

You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally.

QBE Awards

Insurance Post British Insurance Awards 2025

Winner: Commercial Lines Insurer of the Year,

Winner: Reinsurer of the Year - QBE Re, Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year, Winner: Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance

AXCO Global Insurance Awards 2024 Winner

Network Management of the Year

Insurance Business UK 5-Star Cyber Awards 2024

QBE rated as a 5‑Star Cyber Insurer

UK IT Industry Awards 2023 Winner

Green Technology Innovation of the Year

Working Dads Employer Awards 2023 Winner

Parental Policies Award

Insurance Post British Insurance Awards 2023

QBE rated as a 5‑Star Employee

You can view all our awards

Inclusion of Diversity

We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in. We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page.

Accessibility

Here at QBE, we are promoting an accessible workplace for all, which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations, please make your Talent Acquisition contact aware.

ESG & Sustainability

At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net‑zero economy, enabling a sustainable and resilient workforce, and partnering for growth through innovative, sustainable, and impactful solutions. For further information regarding QBE’s sustainability targets, including our net‑zero pledges and inclusion of diversity targets, and our award‑winning impact investment initiative ‘Premiums4Good’, please visit our Sustainability homepage and read our latest Sustainability Report.

What next?

If you have a passion to contribute to QBE’s vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the “apply” button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.

We believe this is our moment – what if it was yours too?

APPLY NOW and let’s make it happen!

Skills

Analytical Thinking, Commercial Acumen, Critical Thinking, Customer Service, Detail‑Oriented, Enterprise Risk Management (ERM), Financial Markets, Financial Modeling, Intentional collaboration, Managing performance, Process Improvements, Risk Management, Risk Mitigation Strategies, Stakeholder Management, Strategic Management

Application Close Date: 04/12/2025 11:59 PM

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.