Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
Lloyd’s are seeking to recruit a Senior Associate – Exposure and Volatility Risk. You will
support the effective operation and continuous enhancement of Lloyd’s financial risk framework through robust oversight, challenge, analysis and reporting, ensuring that material financial risks—particularly catastrophe, exposure and reinsurance credit risk—are appropriately identified, assessed and managed in line with Lloyd’s risk appetite.
Principal Accountabilities
Contribute to the identification, assessment and monitoring of key financial risks faced by Lloyd’s, with a focus on natural and non‑natural catastrophe risk, exposure management and reinsurance credit risk.
Deliver strong and independent risk oversight, challenging first‑line functions on methodologies, assumptions, controls and governance, and recommending improvements where necessary.
Support the development and operation of systemic risk frameworks, including the design, execution and analysis of stress & scenario testing across financial risks.
Escalate material risks appropriately through the governance framework, ensuring timely and accurate communication of emerging or heightened risk exposures.
Lead or contribute to thematic reviews, lessons-learned exercises and validation activities, ensuring findings are robust, evidence-based and implemented in conjunction with relevant Corporation teams.
Contribute to regular and ad hoc financial risk reporting, including ORSA submissions, Committee papers and market-wide insights.
Respond flexibly and effectively to ad hoc analysis requests and projects, ensuring high‑quality, timely outputs for senior stakeholders and leadership.
Skills Knowledge and Experience
Actuarial, technical risk management or similar background desirable (qualification beneficial but not essential).
Understanding of the Lloyd’s and wider insurance market, including catastrophe risk, reinsurance and exposure management.
Experience engaging with and constructively challenging senior stakeholders.
Proven experience operating within or alongside risk management frameworks, processes, or oversight functions.
Experience contributing to risk reporting, stress & scenario testing, or financial risk analysis is advantageous.
Excellent stakeholder management, capable of building strong relationships and influencing senior stakeholders to achieve effective risk outcomes.
Effective time and workload management, comfortable delivering high‑quality outputs under pressure and managing competing priorities.
Project management capability, ensuring timely delivery of BAU and change projects (e.g., implementation of new processes or frameworks).
Progress towards (or interest in) a relevant professional qualification (Actuarial, CFA, CERA, FRM or similar) is desirable but not required.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancyTop Skills
Lloyd's London, England Office
One Lime Street, London, United Kingdom, EC3M 7HA
