Insurance Risk Analyst

About the Role

Our client is looking for a sharp and analytical Insurance Risk Analyst to join their team in Plymouth, Devon . This role is crucial for identifying, assessing, and mitigating potential risks that could affect the company's financial stability and operational success within the insurance market. You will conduct in-depth analyses, develop risk management strategies, and collaborate with various departments to ensure robust risk controls are in place. The ideal candidate will have a strong quantitative background and a comprehensive understanding of risk assessment methodologies specific to the insurance industry .

Key Responsibilities

• Identify and assess various risks, including financial, operational, and strategic risks within the insurance business.
• Develop and implement risk management frameworks and policies.
• Conduct regular risk assessments and monitor key risk indicators (KRIs).
• Analyze data to identify trends and potential risk exposures.
• Prepare risk reports for senior management and contribute to risk mitigation strategies.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related field.
• Previous experience in risk analysis, preferably within the insurance sector.
• Strong analytical and quantitative skills, with proficiency in data analysis tools.
• Knowledge of risk management principles and regulatory requirements in insurance .
• Excellent report writing and presentation skills.

Benefits

• Competitive salary and performance-related bonuses.
• Opportunities for professional development and certifications in risk management.
• Comprehensive health, dental, and vision insurance.
• Pension scheme and life assurance.
• A collaborative team environment in Plymouth .