Insurance Risk Analyst

About the Role

Our client is seeking a detail-oriented and analytical Insurance Risk Analyst to join their esteemed department in Southampton . This role is integral to identifying, assessing, and mitigating potential risks across the company's diverse insurance portfolio. You will conduct in-depth analyses of market trends, financial data, and operational processes to provide strategic insights and recommendations that safeguard the company's financial stability and regulatory compliance. The successful candidate will possess strong quantitative skills, a comprehensive understanding of risk management frameworks, and the ability to translate complex data into actionable business intelligence for senior management.

Key Responsibilities

• Develop and implement risk assessment methodologies and models for the insurance business .
• Analyze financial statements, market data, and operational reports to identify key risk exposures.
• Monitor and report on the company's risk profile, highlighting potential threats and opportunities.
• Collaborate with various departments to ensure risk management strategies are integrated into business operations.
• Conduct due diligence on potential partnerships and investments from a risk perspective.
• Contribute to the development and maintenance of the company's risk management framework and policies.

Requirements

• Master's degree in Finance, Economics, Statistics, or a related quantitative field.
• Proven experience in a risk analysis or similar role within the insurance or financial services industry.
• Strong analytical and statistical modeling skills, with proficiency in relevant software (e.g., Excel, R, Python).
• In-depth understanding of risk management principles, regulations (e.g., Solvency II), and financial markets.
• Excellent report writing and presentation skills, able to communicate complex findings clearly.
• Ability to work effectively in a team and manage multiple projects simultaneously.

Benefits

• Competitive salary and bonus structure reflecting expertise and contribution.
• Hybrid working arrangement allowing for a balanced work-life integration.
• Extensive professional development and training opportunities.
• Generous pension scheme and comprehensive health benefits.
• Strategic involvement in shaping the risk management future of the insurance firm in Southampton .