Senior Risk Analyst

JR United Kingdom; Worcester; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading insurance provider seeks a Senior Risk Analyst to join their Governance, Risk & Compliance team in London. This role involves supporting risk assessments, drafting key risk policies, and reporting on risk appetite breaches. It's an excellent opportunity for proactive risk professionals with relevant experience within this dynamic sector.

Qualifications

• Experience in the London Insurance Market.
• Proven risk management skills and frameworks.
• Motivated and proactive in challenging risk assessments.

Responsibilities

• Support design and improvement of the RCSA programme.
• Challenge departmental risk registers for completeness and value.
• Draft and maintain ERM Framework components.

Skills

Risk Assessment

Governance

Compliance

Analytical Skills

Communication

Job description

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Senior Risk Analyst Position

We are currently supporting the search for a Senior Risk Analyst to join a dynamic and growing Governance, Risk & Compliance team within a leading general insurance provider in London. This is a key second-line role, reporting to both the Head of Enterprise Risk Management and Head of Financial Risk Management, and will play a vital part in developing the firm's risk framework and supporting strategic delivery across the UK and Europe.

Key Responsibilities Include:

1. Supporting the design, facilitation, and ongoing improvement of the quarterly Risk and Control Self-Assessment (RCSA) programme across the business.
2. Providing independent challenge of departmental risk registers and control frameworks, ensuring completeness, consistency, and value to senior stakeholders.
3. Drafting and maintaining key components of the Enterprise Risk Management (ERM) Framework, including policies, procedures, and risk appetite statements.
4. Monitoring and reporting risk appetite breaches, emerging risks, and top risks to the Board and relevant risk committees.
5. Coordinating and drafting ORSA reports and supporting delivery of the stress and scenario testing framework.

This is a fantastic opportunity for a motivated and proactive risk professional with London Insurance Market experience seeking to expand their experience within a high-performing risk function. Please apply below for further details.