Risk Analyst

General Job description and person specification Job Title:Risk Analyst Key Relationships:Internally: Risk Management, Internal Audit, Compliance, Risk Owners, Control Reporters, Underwriters,Claimsand managers of support functions. Externally: Regulators.Job Summary: Tofacilitatethe efficient operation of the risk management framework. Key ResponsibilitiesSupport in enhancing,implementingand embedding core components of the enterprise risk management framework.Support the team in its core risk assurance processes, which will include activities such as leading the preparation of materials for the risk and control self-attestation.Support the risk managers in providing challenge of Beazley’s first line processes around key risks to the business, including operational risk, group risk, strategicriskand legal and regulatory risk.Play a key role inmaintainingthe risk management system and data to ensure it is complete and up to date.Manage the ongoing development of the risk management system functionality and supporting processes.Aid inmaintainingBeazley’s risk management framework documentation, ensuring they are reviewed and updated regularly.Help prepare risk management reports forappropriate committees.Ensure close collaboration with other risk managers, sharing their workload asappropriate.Participate in project work asrequired.Build andmaintaina network of internal and external contacts.Keep abreast of market best practice and regulatory requirements.SpecificMaintain Beazley’s risk management system data and ensure it is complete and up to dateSupport the ongoing development of risk management system functionality and supporting processes. Act as the system point person for the business and interact with the vendor and IT department asrequired.Support Beazley’s risk and controlself assessment(RCSA) and reporting cycle.Maintain operational risk management reporting across different platforms (i.e.PowerBI, Excel)Provide risk management focused technical and analytical support to the Risk team and wider business General           It is important that within all your interactions both internally and externally you adhere Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:  Comply withBeazley procedures,policiesand regulations, including the code of conduct. Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or via the learning management system. Display business ethics that uphold the interests of all our customers. Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs. Comply withany specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas.  This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazleystandardsand customer relationship management. Carry outadditionalresponsibilities as individually notified, either through yourobjectivesor through the learning management system.  These may include membership of any Beazley committees or working groups. Personal Specification:Essential CriteriaOne to three years of experience in insurance and risk managementadvantageous.Knowledge and experience of risk management framework and tools.Understanding of commercial drivers and dynamics affecting risk decisions in the insurance sector. Understanding of the processes associated with an international insurance group, both from an operational and risk perspective.Education and QualificationsUniversity degreeadvantageousProfessional qualificationadvantageousSkills and AbilitiesSelf starterand problem solverAble to work independently and as a teamAnalytical skills and attention to detailWorkplace technology skillsProcess and task mindedEnjoy process improvementGeneral commercial and financial knowledgeThe ability to manage time, meet deadlines and prioritiseAptitude and DispositionOutcome focussed, self-motivated,flexibleand enthusiasticSees solutions not problemsInterested in understanding and helping othersProfessional approach to successfully interact with senior management/colleagues/external suppliersDiplomaticCompetenciesProficient in data analysis (inc. use of MS Excel)Information seekingSelf starterAchievement orientationAnalytical thinkingCustomer focusTeam workingInitiativeUsingexpertiseIntegrityImpact and influence