Risk Analyst

Summary: This Risk Analyst role is situated within a specialized third-party managing agent team at Lloyd's, focusing on supporting the client's risk management function. The position involves maintaining risk frameworks, contributing to process improvements, and providing analytical support throughout the risk lifecycle. The analyst will work closely with in-house teams to ensure accurate risk reporting and compliance with Lloyd's standards. This is a 9-month contract position based in London.

Key Responsibilities:

• Maintain and update the risk register, ensuring entries are accurate, current, and appropriately evidenced
• Support the production of risk reporting for board, committee, and senior management audiences
• Assist in the identification, assessment, and monitoring of operational, underwriting, and market risks
• Contribute to Own Risk and Solvency Assessment (ORSA) processes and supporting documentation
• Liaise with business areas to embed risk appetite frameworks and escalation procedures
• Identify opportunities to improve risk processes, controls, and reporting workflows
• Support stress and scenario testing exercises, documenting assumptions and outputs
• Maintain awareness of Lloyd's risk management requirements, including those set out in the Minimum Standards

Key Skills:

• Background in risk management within the Lloyd's or London insurance market
• Familiarity with Lloyd's Minimum Standards and the Solvency II risk framework
• Experience producing risk registers, appetite statements, and board-level risk reports
• Competent with Excel and data tools; exposure to GRC platforms or risk systems an advantage
• Able to engage credibly with senior stakeholders while working independently day-to-day
• Process-oriented with an eye for control gaps and reporting improvements

Salary (Rate): undetermined

City: London

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other