Risk Analyst - Insurance

About the Role

Our client is looking for a detail-oriented and proactive Risk Analyst to contribute to their insurance operations in Bradford . This role is focused on identifying, assessing, and quantifying potential risks across the company's insurance products and operations. You will analyze data, develop risk models, and provide strategic recommendations to mitigate exposure and enhance profitability. The ideal candidate will possess strong analytical skills and a solid understanding of risk management principles within the insurance industry, contributing to a culture of proactive risk mitigation and strategic financial planning.

Key Responsibilities

• Identify and assess potential financial, operational, and strategic risks facing the insurance business.
• Develop and implement risk assessment models and methodologies using statistical analysis.
• Analyze large datasets to identify trends, patterns, and potential areas of concern.
• Prepare comprehensive risk reports and present findings and recommendations to senior management.
• Collaborate with underwriting, claims, and finance departments to integrate risk management strategies.
• Monitor key risk indicators (KRIs) and advise on mitigation strategies.

Requirements

• Proven experience as a Risk Analyst or in a similar analytical role within the insurance or financial services sector.
• Strong understanding of risk management frameworks, methodologies, and tools.
• Proficiency in data analysis and statistical modeling techniques.
• Excellent quantitative, analytical, and problem-solving skills.
• Strong communication and presentation skills, with the ability to explain complex concepts.
• Relevant degree in Finance, Economics, Statistics, or a related field.

Benefits

• Competitive salary and performance-related bonus opportunities.
• Comprehensive benefits package, including private medical insurance.
• Opportunities for professional development and certifications in risk management.
• A strategic role within the Bradford office, impacting key business decisions.
• Supportive team environment focused on data-driven insights and risk mitigation.