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Insurance Risk Analyst
- glasgow, scotland, G1 1YL, United Kingdom
- Permanent·On-site
- Full time
- £50,000 - £50,000 Per Annum
Job Description
About the Role
Our client is seeking a data-driven and insightful Insurance Risk Analyst to join their headquarters in Glasgow . This critical role involves identifying, assessing, and mitigating potential risks across the company's insurance portfolio. You will analyze vast datasets, develop risk models, and provide strategic recommendations to senior management to safeguard the company's financial health and operational integrity. This is a prime opportunity for an analytical professional to contribute significantly to risk management strategies in a leading financial institution based in vibrant Glasgow .
Key Responsibilities
- Develop and implement quantitative models to assess and predict insurance-related risks.
- Analyze large datasets to identify trends, patterns, and potential areas of concern within the underwriting and claims processes.
- Prepare comprehensive risk reports and present findings and recommendations to senior management and relevant committees.
- Monitor key risk indicators (KRIs) and ensure compliance with internal risk appetite frameworks and external regulations.
- Collaborate with underwriting, actuarial, and claims teams to integrate risk management insights into business operations.
Requirements
- Proven experience as a Risk Analyst, preferably within the insurance or financial services industry.
- Strong quantitative and analytical skills, with expertise in statistical modeling and data analysis tools (e.g., R, Python, SQL).
- Familiarity with insurance regulations and risk management frameworks.
- Excellent report writing and presentation skills, capable of conveying complex information clearly.
- A degree in a quantitative field such as Mathematics, Statistics, Economics, or Finance.
Benefits
- Competitive salary and performance-based bonuses.
- Opportunity to work on challenging and impactful projects in Glasgow .
- Comprehensive health, dental, and vision insurance coverage.
- Generous pension scheme and life assurance benefits.
- Professional development opportunities, including support for relevant certifications.