Insurance Risk Analyst

About the Role

Our client is seeking a meticulous and insightful Insurance Risk Analyst to join their expanding team in Manchester . This role is crucial in identifying, assessing, and mitigating potential risks that could affect the company's financial stability and operational efficiency. You will be responsible for developing and implementing risk management frameworks, analyzing data to identify trends, and providing strategic recommendations to senior management. The position offers a unique opportunity to contribute to the company's long-term success by safeguarding its assets and reputation through proactive risk management strategies, operating in a fully remote capacity that fosters flexibility and autonomy.

Key Responsibilities

• Conduct comprehensive risk assessments across various business units and insurance product lines.
• Develop, implement, and monitor risk management policies and procedures.
• Analyze large datasets to identify emerging risks, quantify potential impacts, and track key risk indicators.
• Prepare detailed risk reports and present findings and recommendations to senior leadership.
• Collaborate with departmental heads to integrate risk management principles into business operations.
• Monitor the regulatory landscape and ensure the company's risk management practices remain compliant.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, Actuarial Science, or a related quantitative field.
• Minimum of 3 years of experience in risk analysis, preferably within the insurance industry .
• Strong analytical, statistical modeling, and data interpretation skills.
• Proficiency with risk management software and tools, as well as advanced Excel skills.
• Excellent written and verbal communication abilities, with the capacity to explain complex risk concepts clearly.
• Familiarity with regulatory frameworks such as Solvency II is advantageous.

Benefits

• Highly competitive salary with a comprehensive benefits package.
• Fully remote work arrangement, allowing for work from anywhere within the UK.
• Private healthcare insurance and excellent employee assistance programs.
• Generous annual leave allowance and company-wide shutdown periods.
• Professional development budget for courses, certifications, and conferences.
• A forward-thinking company culture that values data-driven decision-making and employee well-being.