Insurance Risk Analyst

About the Role

Our client is looking for a quantitative and analytical Insurance Risk Analyst to join their dedicated team in Reading . This role is integral to identifying, assessing, and mitigating the risks associated with underwriting and operational activities. You will analyze data to quantify potential exposures, develop risk models, and provide strategic recommendations to support sound business decision-making. This position offers a challenging and rewarding opportunity to influence risk management strategies within a leading insurance organization.

Key Responsibilities

• Identify and assess potential financial, operational, and strategic risks facing the company.
• Develop and maintain risk models to quantify potential losses and financial impacts.
• Analyze data from various sources to identify risk trends and emerging threats.
• Collaborate with underwriting, claims, and finance departments to implement risk mitigation strategies.
• Prepare detailed reports and presentations on risk exposures and recommendations for senior management.
• Monitor the effectiveness of risk management controls and frameworks.

Requirements

• Proven experience in risk analysis , preferably within the insurance sector .
• Strong quantitative and analytical skills, with proficiency in statistical software or programming languages (e.g., R, Python, SQL).
• Understanding of insurance principles, actuarial concepts, and risk management frameworks.
• Excellent report writing and presentation skills.
• Ability to interpret complex data and translate it into actionable insights.
• Relevant degree in mathematics, statistics, finance, or a related field.

Benefits

• Competitive salary and bonus potential.
• Comprehensive benefits package including health and life insurance.
• Excellent opportunities for professional development and actuarial qualifications.
• A dynamic and intellectually stimulating work environment in Reading .
• Support for continuing professional development.