Support client's risk management by maintaining risk registers, producing board-level reports, assessing operational/underwriting/market risks, contributing to ORSA, embedding risk appetite frameworks, supporting stress testing, and improving risk processes and controls.
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:
- Maintain and update the risk register, ensuring entries are accurate, current, and appropriately evidenced
- Support the production of risk reporting for board, committee, and senior management audiences
- Assist in the identification, assessment, and monitoring of operational, underwriting, and market risks
- Contribute to Own Risk and Solvency Assessment (ORSA) processes and supporting documentation
- Liaise with business areas to embed risk appetite frameworks and escalation procedures
- Identify opportunities to improve risk processes, controls, and reporting workflows
- Support stress and scenario testing exercises, documenting assumptions and outputs
- 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
- Background in risk management within the Lloyd's or London insurance market
- Familiarity with Lloyd's Minimum Standards and the Solvency II risk framework
- Experience producing risk registers, appetite statements, and board-level risk reports
- Competent with Excel and data tools; exposure to GRC platforms or risk systems an advantage
- Able to engage credibly with senior stakeholders while working independently day-to-day
- Process-oriented with an eye for control gaps and reporting improvements
Benefits
Competitive Salary
Initial 9-month contract
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