Risk Analyst - Insurance

About the Role

Our client is seeking a data-driven and insightful Risk Analyst to join their growing team in Belfast . In this critical role, you will identify, assess, and monitor the various risks associated with the company's insurance products and operations. Your analysis will inform strategic decisions, helping to mitigate potential losses and ensure the financial stability of the organization. This is a challenging and rewarding position for an individual with strong quantitative skills and a deep understanding of risk management principles within the financial services sector, working in a collaborative and innovative environment.

Key Responsibilities

• Develop and implement risk assessment models and frameworks for insurance portfolios.
• Analyze large datasets to identify trends, patterns, and potential areas of risk exposure.
• Monitor key risk indicators (KRIs) and report on the company's risk profile to senior management.
• Collaborate with underwriting, actuarial, and claims departments to ensure comprehensive risk management strategies.
• Conduct research on emerging risks and industry best practices to inform risk mitigation efforts.
• Assist in the development and testing of business continuity and disaster recovery plans.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• Proven experience in a risk analysis or similar role, preferably within the insurance industry.
• Strong proficiency in statistical analysis, data modeling, and relevant software (e.g., Excel, SQL, R, Python).
• Excellent analytical and problem-solving abilities with a meticulous attention to detail.
• Effective communication skills to present complex findings to diverse audiences.

Benefits

• Competitive salary and bonus structure.
• Hybrid working environment that balances office collaboration with remote flexibility.
• Comprehensive health, dental, and vision insurance plans.
• Professional development opportunities and support for relevant certifications.
• Contributory pension scheme.