Senior Risk Analyst

Discipline: Audit, Risk & Compliance
Job type: Permanent
Contact email: alex@weareedenbrook.com
Job ref: J4558
Published: over 1 year ago
We’re currently partnering with a Top Performing Lloyd's Syndicate for an all-encompassing Senior Risk Analyst opportunity. You will assist the Head of Risk in the facilitation of internal model validation, and with day-to-day operation of the company’s ERM framework. This includes maintenance of risk assessment and reporting and delivery of high quality management information. Key Responsibilities: • To undertake the annual internal model validation process including: • Preparation of the annual testing plan. • Performing validation tests and co-ordinating testing carried out by internal and external actuarial resources. • Review and evaluation of test results. • Drafting the internal model validation report. • To assist with the production of consistent and high quality risk management reports including the monthly risk tolerance and ORSA metrics. • To undertake deep dive risk reviews of various business operations or other risk projects. • To work with the Risk Analyst to maintain the risk and control register and undertake regular risk assessments with risk and control owners. • To support the review and analysis of emerging risks and provide appropriate management reports. • To produce papers for various committees, including the Risk Committee and Capital & Internal Model Committee. • To assist with in other risk processes, Lloyd’s reporting and ad hoc projects as required. Skills, knowledge and experience: • Experience of risk management practices and techniques, ideally within the Lloyd’s market. • Knowledge of capital modelling techniques and experience of internal model validation. • General knowledge and experience of the Lloyd’s and London market, including Lloyd’s oversight principles and relevant PRA requirements.