Negotiable
Join to apply for the
Senior Risk Analyst
role at
SimplyConnected, LLC3 days ago Be among the first 25 applicantsJoin to apply for the
Senior Risk Analyst
role at
SimplyConnected, LLCGet AI-powered advice on this job and more exclusive features.Job Purpose
Reporting into the Risk Manager, the Senior Risk Analyst will play a critical role in supporting the organisations risk management framework, focusing on Financial and Non-Financial risks and ensuring risks are identified, assessed, monitored, and reported effectively across the business. The role requires strong analytical skills, sound judgment, and the ability to communicate insights clearly to senior management and stakeholders.Role: Senior Risk Analyst
Location: UK
Permanent
Job Purpose
Reporting into the Risk Manager, the Senior Risk Analyst will play a critical role in supporting the organisations risk management framework, focusing on Financial and Non-Financial risks and ensuring risks are identified, assessed, monitored, and reported effectively across the business. The role requires strong analytical skills, sound judgment, and the ability to communicate insights clearly to senior management and stakeholders.
The Senior Risk Analyst will provide independent second line oversight, challenge, and support to the business in managing financial, operational, regulatory, and strategic risks.
Key Responsibilities
Reporting to the Risk Manager, the key responsibilities of the role include the following:
Risk Framework and Governance
Support the ongoing development and embedding of the Risk Management Framework (RMF).Contribute to review and update of the risk policies, procedures, and governance structures.Provide oversight and challenge on the effectiveness of first line risk management.Maintain the Companys Risk Strategy document and Annual Risk Management Plan/ObjectivesPromote a positive risk culture and awareness through education of key staff on risk management and Munich Re risk management practices.
Risk Identification and Assessment
Facilitate and review risk and control self-assessments (RCSAs) via the Munich Re ORCS system.Analyse emerging risks, horizon scanning, and scenario planning.Support the business in assessing risks associated with new products, initiatives, and projects.
Risk Monitoring and Reporting
Perform other reviews and tests of established procedures and make recommendations for improvements as needed;Monitor and report on the performance of actions resulting from attestation reviews;Produce high-quality risk reports and dashboards for senior management, risk committees, and the Board.Track Key Risk Indicators (KRIs) and escalate issues where tolerances are breached.Maintain risk registers and ensure timely updates from risk owners.Provide input to regulatory reporting and submissions e.g. ORSA, SFCR, RSR.
Regulatory Compliance and Oversight
Support compliance with PRA/FCA, CBI, and Group risk management requirements.Monitor and interpret changes in regulatory and industry risk standards.
Operational Risk and Controls
Investigate and analyse risk events and near misses, ensuring lessons learned are embedded.Provide oversight of incident management and business continuity planning.Evaluate control effectiveness and recommend improvements.
Stakeholder Engagement
Build strong relationships with business leaders to promote a positive risk culture.Support and challenge senior managers in decision-making with risk insights.Deliver risk training and awareness sessions where appropriate
Other Responsibilities
Testing the operational effectiveness of key controls (not MARSOX), including but not limited to sampling of first line checks.Provide proactive support and guidance to the business on control design and performance in order to manage risk exposures.To act as a communication champion for risk in your touch points with the business.
Essential
Key Skills and Experience:
5+ years experience in risk management, financial services (insurance experience desirable).Excellent oral and written communication skills.Experience producing risk reports for senior audiences (committees/boards)Excellent knowledge of risk frameworks, governance, and control concepts.Strong stakeholder management skills.Strong analytical, problem-solving, and critical thinking skills.Ability to work remotely where requiredAbility to manage multiple priorities and work independently.Skilled in both Excel and PowerPoint
Desirable
Professional qualifications (e.g., IRM, ICA, CII).Familiarity with Solvency II, PRA/FCA/CBI requirements, and other relevant regulation.Experience with risk systems/tools (e.g., Archer, Riskonnect).Exposure to both operational and financial risk disciplines.
Qualifications and Educational Requirements
Degree-level preferredA-levels essential
Benefits
Agile/Hybrid workingPrivate Healthcare (Aviva)Aviva Digital GPEmployer Pension contribution of 13%Annual bonusProfessional qualification support25 days annual leave (plus bank holidays)x2 wellbeing days per year
At HSB Group (including Premier Gurantee), Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.
LNKD1_UKTJSeniority level
Seniority level Mid-Senior levelEmployment type
Employment type Full-timeJob function
Job function FinanceReferrals increase your chances of interviewing at SimplyConnected, LLC by 2xGet notified about new Senior Risk Analyst jobs in
Manchester, England, United Kingdom .Internal Controls Manager (Operational Risk)
Manchester, England, United Kingdom 6 days agoManchester, England, United Kingdom 3 weeks agoKnutsford, England, United Kingdom 2 days agoManchester, England, United Kingdom 1 week agoClayton-Le-Moors, England, United Kingdom 2 days agoManchester, England, United Kingdom 4 days agoProject Risk Manager/Analyst (All Levels) - Defence Infrastructure
Manchester, England, United Kingdom 2 weeks agoManchester, England, United Kingdom 2 months agoManchester, England, United Kingdom 4 days agoManchester, England, United Kingdom 1 week agoManchester, England, United Kingdom 5 months agoGreater Manchester, England, United Kingdom 4 days agoManchester, England, United Kingdom 4 days agoManchester, England, United Kingdom 5 days agoManchester, England, United Kingdom 1 month agoSenior Manager - Enterprise Risk, Business Resilience and Non-Financial Control
Macclesfield, England, United Kingdom 1 week agoManchester, England, United Kingdom 1 week agoBlackburn, England, United Kingdom 3 weeks agoManchester, England, United Kingdom 3 months agoManchester, England, United Kingdom 4 days agoClayton-Le-Moors, England, United Kingdom 2 days agoManchester, England, United Kingdom 1 week agoManchester, England, United Kingdom 2 weeks agoWarrington, England, United Kingdom 1 week agoManchester, England, United Kingdom 14 hours agoManchester, England, United Kingdom 1 week agoManchester, England, United Kingdom 1 week agoRisk Management Operate and Execution Managed Services - Senior Manager
Manchester, England, United Kingdom 1 month agoManager, Process and Controls, Risk Consulting (UKI)
Manchester, England, United Kingdom 1 day agoManchester, England, United Kingdom 1 week agoWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of ..... full job details .....
Negotiable