Risk Analyst - Insurance

This role sits within a specialist third-party managing agent team embedded directly into client operations at Lloyd's. The Risk Analyst supports the client's risk management function, working alongside in-house teams to maintain frameworks, contribute to process improvement, and provide day-to-day analytical support across the risk lifecycle. Key Responsibilities: - Maintain and update the risk register, ensuring entries are accurate, current, and appropriately evidenced - Support the production of risk reporting for board, committee, and senior management audiences - Assist in the identification, assessment, and monitoring of operational, underwriting, and market risks - Contribute to Own Risk and Solvency Assessment (ORSA) processes and supporting documentation - Liaise with business areas to embed risk appetite frameworks and escalation procedures - Identify opportunities to improve risk processes, controls, and reporting workflows - Support stress and scenario testing exercises, documenting assumptions and outputs - Maintain awareness of Lloyd's risk management requirements, including those set out in the Minimum Standards This role is placed and managed by a specialist third-party managing agent. Candidates will be embedded directly into the client's team. Requirements - Background in risk management within the Lloyd's or London insurance market - Familiarity with Lloyd's Minimum Standards and the Solvency II risk framework - Experience producing risk registers, appetite statements, and board-level risk reports - Competent with Excel and data tools; exposure to GRC platforms or risk systems an advantage - Able to engage credibly with senior stakeholders while working independently day-to-day - Process-oriented with an eye for control gaps and reporting improvements Benefits Competitive Salary Initial 9-month contract