Risk Analyst

This is a role in the Risk Management department for a risk analyst. The successful candidate will become a member of the Risk Management department of a successful cross-border insurance firm, which is part of a global insurance group.

The role holder will work closely with the Head of Risk and Compliance, and will be responsible for the following activities:

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• Manage and coordinate the Internal Control Framework activities, including:
  
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  • Ongoing review and assessment of the Risk and Control Self-Assessment across the business.
    
  • Annual RCSA Attestation Process.
    
  • Quarterly control testing.
    
  • Issue management and remediation.
    
  
  
• Intermediary Management:
  
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  • Onboarding Assessments, including due diligence activities.
    
  • Ongoing monitoring activities.
    
  • Engagement with Legal & Compliance, as required.
    
  
  
• Risk incident Reporting:
  
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  • Coordination and management of the monthly Risk Champion meetings and updates.
    
  • Management and updates to the centralised Risk Incident Log.
    
  • Coordination and reporting of all remediation actions and escalation to revenant management of overdue actions.
    
  • Reporting of risk incidents to the Risk Advisory Committee and Board Committees.
    
  • SLA reporting on data quality and risk incidents.
    
  • Governance reporting on data quality and risk incidents.
    
  
  
• Assist in the preparation of a number of Regulatory documents for the UHIL Group.
  
• Thematic Reviews and Risk Identification and Evaluation: Implementing the company’s methodology, which identifies, classified and evaluates key risk.
  
• Strategic and Operational Projects: Ongoing involvement and constructive input/feedback to specific strategic and operational projects, including due diligence assessment within the operations areas.
  
• Manage a diverse range of activities supporting all client-facing functions.
  

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• Finance / Risk qualifications.
  
• Strong report writing skills with experience with experience of presenting top quality reports.
  
• Ability to work under pressure and to meet tight deadlines.
  
• Ability to engage with a range of departments and senior management.
  
• Excellent computer skills.
  
• Highly organised with strong attentions to detail.
  
• Knowledge of the European Life Assurance industry and products will be an advantage.
  
• Experience working within a Risk Management, Compliance, or Finance function will be an advantage. xcfaprz
  

Utmost Group is an equal opportunities employer.