Risk Analytics Analyst / Senior Analyst

G MASS is partnering with a leading Lloyd's market business to hire a Risk Analyst or Senior Risk Analyst into its Risk and Compliance team in London. This is a 12-month contract with strong potential to become permanent, and the team oversees risk management across a portfolio of syndicates and clients.

The Analyst owns key quantitative elements of the risk management framework, analysing data to draw out trends, exceptions and emerging risks, and delivering internal model validation against quarterly deadlines. Working directly with end clients, they also manage expectations, flag issues early and contribute to model governance, ORSA and stress testing.

Responsibilities:

- Support the development and maintenance of the quantitative elements of the risk management framework across multiple syndicates.
- Monitor Actuarial and Exposure Management risks and risk appetites each quarter, and support the Risk team's review of syndicate business forecasts (SBFs).
- Prepare the quantitative elements of syndicate ORSA documentation.
- Support SCR validation for Internal Model Approval Process, Major Model Change and summer LCR submissions, delivering against quarterly deadlines.
- Undertake operational risk validation and work with internal actuaries, external validators and Exposure Management to close validation actions.
- Draft validation and governance reports for the Internal Model Technical Group (IMTG), Internal Model Steering Committee (IMSC) and other forums.
- Support oversight of Internal Model, Partial Internal Model and Lloyd's Standard Model governance, including IM Policy maintenance and committee agendas, minutes and actions.
- Complete stress and scenario testing and support delivery of the Stress and Scenario Framework.
- Communicate directly with end clients, managing expectations and raising issues early with clients and internal stakeholders.
- Build strong working relationships with Actuarial, Exposure Management, Capital Modelling and wider business teams.

Requirements

- Roughly 3–7 years' experience in a risk role within a Lloyd's, syndicate, insurer, MGA or consulting environment.
- Strong understanding of the Lloyd's market and the key risks facing insurers, including underwriting, reserving, capital, operational and exposure management risk.
- Experience of Internal Model, Partial Internal Model or Standard Formula environments, with an understanding of model governance, validation and capital requirements.
- Strong analytical and numerical skills, with experience interpreting complex datasets and identifying trends and emerging risks.
- Experience contributing to ORSA production, stress and scenario testing and risk reporting.
- Clear written communication, including papers for governance committees, boards or senior stakeholders.
- Strong communication and project management skills, with the confidence to manage client expectations and escalate issues.
- Ability to work independently and meet quarterly deadlines across competing priorities.
- Exposure to SCR validation, model change processes or capital adequacy assessments is an advantage.
- Experience with statistical, actuarial or risk modelling techniques is an advantage.

Benefits

12 months initial term, with strong likelihood to go perm upon performance