Insurance Risk Analyst

About the Role

Our client is looking for a quantitative and insightful Insurance Risk Analyst to join their team in Leeds . In this hybrid role, you will be responsible for identifying, assessing, and mitigating financial risks within the insurance portfolio. You will utilize data analytics and modeling techniques to understand potential exposures and inform strategic decision-making. This position is critical for maintaining the financial health and solvency of the company, working closely with actuarial, underwriting, and finance departments. The ideal candidate will possess strong analytical capabilities and a passion for uncovering risk-related patterns in complex datasets within the Leeds area.

Key Responsibilities

• Develop and implement risk assessment models and methodologies.
• Analyze insurance data to identify emerging risks and trends.
• Quantify potential financial impacts of various risk scenarios.
• Prepare detailed reports and presentations on risk exposure for senior management.
• Monitor the effectiveness of risk mitigation strategies and recommend adjustments.
• Collaborate with relevant departments to integrate risk management principles into business operations.

Requirements

• Degree in Mathematics, Statistics, Finance, Economics, or a related quantitative field.
• Proven experience in risk analysis, preferably within the insurance industry .
• Strong proficiency in statistical software (e.g., R, Python) and data analysis tools.
• Experience with risk modeling techniques and financial forecasting.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong communication skills, with the ability to present complex information clearly.

Benefits

• Competitive salary package with performance incentives.
• Comprehensive health, dental, and vision coverage.
• Hybrid work arrangement offering flexibility.
• Opportunities for professional development and certifications in risk management.
• Contributory pension scheme.