Risk Analyst - Insurance

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