The company is a niche insurer operating within the UK Market. In the height of strategic transformation, the business requires a Risk Analyst on a fixed-term basis.  The ideal candidate will have a sharp business mind and a proven ability to strategise, identify and implement business initiatives.  The right candidate will also have excellent verbal and written communication skills and be able to influence stakeholders to achieve the overall plan objectives.

 

Job Description

The Risk and Control Associate is a 1st Line position and will provide critical support in the delivery of the Risk Management strategy for the dual regulated Insurance carrier.  Reporting into the Head of Risk, the successful candidate will work as part of the Risk and Compliance team to provide support through both BAU and integration-specific projects.

 

Key Responsibilities
  • Maintenance and administration of the Risk & Control register.
  • Maintenance and administration of the Internal Control Framework including assisting the 1st Line risk owners with design and implementation of key controls.
  • Maintenance and administration of the Policy Management Framework and Lifecycle register.
  • Maintenance and administration of the Monitoring & Testing Plan.
  • Maintenance and administration of the Workstream Calendar.
  • Ensuring adequate and up-to-date documentation and evidence of risks, controls, and decisions in relation to them, are kept as records within the business unit.
  • Assisting with the design, implementation, and subsequent generation and coordination of risk reporting requirements (KPIs & KRIs) across the UK platform.
  • Supporting the Risk & Compliance leads with the delivery of the operational Resilience Framework as required.
  • Supporting the Head of Risk in providing reporting and insight to 2nd and 3rd line teams, and Group, as required.
  • Providing risk and issue support across the business, ensuring the appropriate response, management, and treatment is logged and executed.
  • Coordination of formal risk event and issue management updates as may be required.

 

Qualifications
  • Risk Management experience
  • Knowledge of the UK Insurance market; preferably with MGA experience
  • Analytical in approach
  • Ability to manage and influence key stakeholders
  • Confident in presenting and engaging at all levels
  • Strong working knowledge of Excel and PowerPoint
  • Adaptable, flexible, and receptive to change
  • Self-motivated and able to work without supervision
  • Knowledge of MS Office applications including Excel and Teams

 

Galejay and all its clients are inclusive employers and prides itself on the main values of honesty and integrity. If you have these qualities and wish to apply, please send your CV to Gary Forster Managing Director, at gforster@galejay-recruitment.com