Risk Analyst

Westfield; London; On-site; USD 40,000 - 80,000; Full time

Job description

Job Description

Risk Assessment & Framework
Work with the other members of the risk team to support specific risk processes and regulatory submissions.

1. Processes including but not limited to - risk assessments, control self-assessments, loss events, risk appetite, emerging risks, analysis and reporting, etc.
2. Assist in the analysis and evaluation of key business risk exposures.
3. Provide support on the response to risk management related thematic reviews.

Risk Management Information collation, analysis and reporting

1. Develop skills using the Risk Management System assisting the Senior Risk Analyst when needed.
2. Track the timetable of risk management reporting (quarterly, and Annual).
3. Assist in the preparation of quarterly internal risk reporting materials including for the Board Risk Committees and other related risk groups.
4. Assist in the facilitation of the Emerging Risk Working Group and related processes.

Stress & Scenario Testing & Validation

1. Complete validation work as allocated by the Senior Risk Manager.
2. Complete stress and scenario testing as directed by the Senior Risk Manager.

Other

1. Drive a positive risk and control culture throughout the business.
2. Assist with the development of the sustainability framework as required.
3. Support the development and provision of training for staff on the ERM framework.

Skills/Competencies

1. Enthusiastic and pro-active attitude
2. Ability to build and maintain relationships with a wide range of stakeholders.
3. Ability to work under strict timelines and prioritise own workload
4. Excellent writing ability and strong analytical skills
5. Experience of MS Office (Word, Excel, PowerPoint) to an intermediate level desirable.

Qualifications

1. Studying for / willing to study CII, Professional risk management qualification (CIRM or equivalent), or other relevant insurance qualification

Experience

1. Basic knowledge of the Lloyd's market and the activities of a Lloyd's syndicate;
2. Basic understanding of risk management
3. Ability to use systems and software to perform role and aptitude to learn to use risk management system

About Us

Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products. Westfield underwrites commercial, personal, surety, and specialty lines of coverage through a network of leading independent agents and brokers in the United States and specialty products through Lloyd's of London Syndicate 1200. As a mutual insurance company with more than 3,000 employees, Westfield has revenues in excess of $4 billion and more than $10 billion in assets.