Insurance Risk Analyst

About the Role

Our client is seeking a sharp and analytical Insurance Risk Analyst to join their growing team, operating in a fully remote capacity. This role is integral to identifying, assessing, and mitigating potential risks across the company's insurance products and operations. You will utilize data-driven insights and sophisticated modeling techniques to inform strategic decision-making and ensure the long-term financial health of the organization. This remote position offers the chance to contribute significantly to risk management strategies from any location, supported by a collaborative and digitally connected team.

Key Responsibilities

• Conduct quantitative and qualitative analysis to identify and assess various insurance risks, including market, credit, operational, and underwriting risks.
• Develop and implement risk models and methodologies to measure potential financial impacts and capital requirements.
• Monitor key risk indicators (KRIs) and provide regular reports on the risk profile to senior management.
• Collaborate with underwriting, actuarial, and finance teams to embed risk management best practices.
• Design and recommend risk mitigation strategies, controls, and contingency plans.
• Stay informed about emerging risks and regulatory developments impacting the insurance industry.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• Proven experience in a risk analysis or similar role, ideally within the insurance or financial services sector.
• Strong analytical skills, with proficiency in statistical software (e.g., R, Python) and data analysis tools.
• Excellent report writing and presentation skills, with the ability to communicate complex findings clearly.
• Understanding of insurance principles, products, and regulatory frameworks.
• Ability to work autonomously and manage projects effectively in a remote work environment.

Benefits

• Competitive salary and potential for annual performance bonuses.
• Comprehensive health and dental insurance coverage.
• Generous contributions to a retirement savings plan.
• Opportunities for professional development, certifications, and further education.
• Fully remote work arrangement with a focus on work-life balance and flexibility.