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Insurance Risk Analyst

Posted by Placements24
portsmouth, hampshire, PO1 3AX, United Kingdom
Full time
Remote
£50,000 - £50,000 Per Annum

Job Description

About the Role

Our client is seeking a meticulous and analytical Insurance Risk Analyst to join their risk management department in Portsmouth . This role is vital for identifying, assessing, and mitigating various risks across the business, including operational, financial, and strategic risks. You will be responsible for developing risk models, analysing data to identify trends, and providing insights to senior management to inform decision-making. The ideal candidate will have a strong quantitative background and a deep understanding of risk management principles within the insurance industry, contributing to the overall resilience and stability of the organisation.

Key Responsibilities

Develop and maintain risk assessment frameworks and methodologies.
Analyse large datasets to identify potential risks, patterns, and emerging trends.
Prepare comprehensive risk reports and present findings and recommendations to senior management.
Collaborate with various departments to implement risk mitigation strategies.
Monitor and evaluate the effectiveness of risk management policies and controls.
Stay abreast of industry best practices and regulatory changes related to risk management.

Requirements

Proven experience as a Risk Analyst, preferably within the insurance or financial services sector.
Strong quantitative and analytical skills, with proficiency in statistical software and data analysis tools.
Excellent understanding of risk management principles and frameworks.
Ability to communicate complex information clearly and concisely to diverse audiences.
Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related field.

Benefits