Insurance Risk Analyst

About the Role

Our client is seeking a highly analytical Insurance Risk Analyst to join their team in Glasgow . In this role, you will be instrumental in identifying, assessing, and mitigating potential risks across the company's insurance portfolio. You will utilize data analysis, modeling techniques, and market insights to provide strategic recommendations that enhance financial stability and operational efficiency. This hybrid role allows for collaborative work in the office and focused analysis remotely, contributing to robust risk management strategies that protect our assets and support long-term growth.

Key Responsibilities

• Develop and implement risk assessment models and methodologies for insurance products.
• Analyze large datasets to identify trends, potential threats, and areas of concern within the insurance portfolio.
• Prepare comprehensive reports and presentations on risk exposures and mitigation strategies for senior management.
• Collaborate with underwriting, claims, and actuarial departments to ensure a holistic approach to risk management.
• Monitor regulatory changes and industry best practices in risk management.
• Conduct scenario analysis and stress testing to evaluate the company's resilience to adverse events.

Requirements

• Proven experience as a Risk Analyst or in a similar quantitative role, preferably within the insurance sector.
• Strong knowledge of statistical modeling, data analysis tools (e.g., R, Python, SQL), and risk management frameworks.
• Excellent analytical and problem-solving skills, with the ability to translate complex data into actionable insights.
• Understanding of insurance operations, products, and regulations.
• Effective communication and presentation skills, capable of conveying technical information to non-technical audiences.
• A degree in statistics, mathematics, finance, economics, or a related quantitative field.

Benefits

• Competitive salary and performance-based incentives.
• Hybrid work model promoting work-life balance.
• Extensive health, dental, and vision insurance coverage.
• Pension scheme and life assurance.
• Opportunities for professional certifications and continued education.