Open roleExternal
Insurance Risk Analyst
- bradford, west yorkshire, BD1 1AA, United Kingdom
- Permanent·Hybrid
- Full time
- £45,000 - £45,000 Per Annum
Job Description
About the Role
Our client is seeking a quantitative and insightful Insurance Risk Analyst to join their team in Bradford . This role is instrumental in identifying, assessing, and mitigating potential risks across the company's insurance products and operations. You will utilize advanced data analysis techniques and modelling tools to evaluate financial, operational, and strategic risks, providing critical insights to senior management. The ideal candidate will have a strong analytical aptitude and a passion for using data to inform business decisions, contributing to the company's robust risk management framework and long-term stability.
Key Responsibilities
- Conduct comprehensive risk assessments for new and existing insurance products and business initiatives.
- Develop and maintain risk models, using statistical software and data analysis techniques.
- Analyze financial data, market trends, and operational metrics to identify potential risk exposures.
- Prepare detailed risk reports and present findings and recommendations to senior management and relevant committees.
- Collaborate with various departments to implement risk mitigation strategies and monitor their effectiveness.
Requirements
- Bachelor's degree in a quantitative field such as Finance, Economics, Mathematics, or Statistics.
- Proven experience in risk analysis , data modelling, or a similar analytical role within the financial services or insurance industry .
- Proficiency in statistical software (e.g., R, Python) and data visualization tools.
- Strong analytical, problem-solving, and critical thinking skills.
- Excellent report-writing and presentation abilities.
Benefits
- Competitive salary with performance-related bonus potential.
- Comprehensive health, dental, and pension scheme.
- Opportunities for professional development and pursuing relevant certifications (e.g., FRM, PRM).
- Hybrid working model offering a balance between office-based collaboration and remote flexibility.
- A challenging and rewarding role within a reputable organisation in Bradford .