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