Insurance Risk Analyst

About the Role

Our client is seeking a highly analytical Insurance Risk Analyst to join their dedicated team in Portsmouth . This role is essential for identifying, assessing, and mitigating various risks associated with the company's insurance operations. You will be involved in developing risk models, analysing data trends, and providing strategic insights to inform underwriting, investment, and operational decisions. The successful candidate will possess strong quantitative skills and a thorough understanding of the insurance landscape. This position offers a challenging yet rewarding opportunity within a forward-thinking organisation.

Key Responsibilities

• Conduct quantitative and qualitative analysis of insurance risks, including market, credit, operational, and underwriting risks.
• Develop, implement, and refine risk models and methodologies to assess potential financial impacts.
• Monitor risk exposures and key risk indicators (KRIs), reporting findings and recommendations to senior management.
• Collaborate with underwriting, actuarial, and finance teams to integrate risk management strategies into business processes.
• Stay informed about regulatory changes and industry best practices in risk management.
• Contribute to the development and maintenance of the company's risk appetite framework and policies.

Requirements

• Bachelor's or Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Proven experience in a risk management or analytical role , preferably within the insurance or financial services industry.
• Strong proficiency in data analysis tools and techniques (e.g., Excel, SQL, Python, R).
• Excellent understanding of insurance products, markets, and regulatory environments.
• Strong problem-solving skills and the ability to translate complex data into actionable insights.

Benefits

• Attractive salary and performance-based incentives.
• Hybrid working model balancing office and remote work.
• Professional development support, including funding for relevant certifications.
• Comprehensive health and wellness benefits.
• Engaging work environment with opportunities for significant impact.