Insurance Risk Analyst

About the Role

Our client is seeking a highly analytical and commercially astute Insurance Risk Analyst to join their strategic team in Plymouth . This role is integral to understanding, quantifying, and managing the diverse risks faced by the company. You will play a key part in developing and implementing risk management frameworks, performing detailed risk assessments, and providing insights to senior management to inform decision-making. If you have a strong quantitative background and a passion for identifying and mitigating financial and operational risks within the insurance sector, this position offers a challenging and rewarding career opportunity in a stable and growing organization.

Key Responsibilities

• Identify, assess, and monitor key risks across the company's operations and product lines.
• Develop and maintain risk models, performing quantitative analysis of potential financial and operational impacts.
• Design and implement risk management strategies, policies, and procedures.
• Prepare comprehensive risk reports for senior management and regulatory bodies.
• Collaborate with various departments to foster a strong risk-aware culture throughout the organization.
• Stay informed about industry best practices, regulatory changes, and emerging risks relevant to the insurance sector.

Requirements

• A degree in a quantitative field such as Finance, Economics, Mathematics, or Statistics.
• Proven experience in a risk analysis or similar role, preferably within the insurance or financial services industry.
• Strong analytical, quantitative, and problem-solving skills.
• Proficiency in statistical software, data analysis tools (e.g., SQL, Python, R), and MS Excel.
• Excellent report writing and presentation skills.
• Knowledge of regulatory requirements and risk management frameworks (e.g., Solvency II) is a plus.

Benefits

• Competitive salary with a generous performance bonus scheme.
• Comprehensive private medical, dental, and vision insurance.
• Pension scheme with significant employer contributions.
• Generous annual leave allowance and potential for paid study leave.
• A stimulating work environment with opportunities for professional development and career growth.