This role sits within a specialist third-party managing agent team embedded directly into client operations at Lloyd's. The Risk Analyst supports the client's risk management function, working alongside in-house teams to maintain frameworks, contribute to process improvement, and provide day-to-day analytical support across the risk lifecycle.
Key Responsibilities:
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Maintain and update the risk register, ensuring entries are accurate, current, and appropriately evidenced
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Support the production of risk reporting for board, committee, and senior management audiences
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Assist in the identification, assessment, and monitoring of operational, underwriting, and market risks
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Contribute to Own Risk and Solvency Assessment (ORSA) processes and supporting documentation
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Liaise with business areas to embed risk appetite frameworks and escalation procedures
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Identify opportunities to improve risk processes, controls, and reporting workflows
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Support stress and scenario testing exercises, documenting assumptions and outputs
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Maintain awareness of Lloyd's risk management requirements, including those set out in the Minimum Standards
This role is placed and managed by a specialist third-party managing agent. Candidates will be embedded directly into the client's team.
Requirements
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Background in risk management within the Lloyd's or London insurance market
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Familiarity with Lloyd's Minimum Standards and the Solvency II risk framework
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Experience producing risk registers, appetite statements, and board-level risk reports
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Competent with Excel and data tools; exposure to GRC platforms or risk systems an advantage
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Able to engage credibly with senior stakeholders while working independently day-to-day
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Process-oriented with an eye for control gaps and reporting improvements
Benefits
Competitive Salary
Initial 9-month contract