Senior Risk Analyst - Insurance

About the Role

Our client is seeking an accomplished Senior Risk Analyst with a specialization in insurance to join their established team in Sheffield . In this vital capacity, you will identify, assess, and manage a wide range of risks that could impact the company's financial health and operational stability. You will develop and implement risk mitigation strategies, conduct in-depth analysis, and provide key insights to senior leadership. This role offers a challenging and rewarding career path for a skilled analyst dedicated to safeguarding the organization within a robust risk management framework.

Key Responsibilities

• Identify, assess, and quantify key risks across the insurance business operations.
• Develop and implement comprehensive risk management strategies and frameworks.
• Conduct regular risk assessments, stress testing, and scenario analysis.
• Monitor key risk indicators (KRIs) and report on risk exposures to management.
• Collaborate with various departments to embed risk awareness and best practices.
• Contribute to the development of internal controls and compliance procedures.
• Stay abreast of emerging risks and regulatory changes affecting the insurance industry.

Requirements

• Advanced degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Substantial experience (5+ years) in risk analysis, preferably within the insurance sector.
• Strong understanding of risk management principles, methodologies, and regulatory requirements (e.g., Solvency II).
• Proficiency in statistical analysis software and data modeling techniques.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication skills, with the ability to present complex findings clearly.

Benefits

• Competitive salary and performance-based incentive program.
• Comprehensive health, dental, and vision insurance.
• Generous pension scheme and life assurance.
• Opportunities for professional development and further certifications.
• Collaborative team environment with significant impact on business strategy.