Skill Band: Risk Management Location: United Kingdom - London
Type: Permanent Date Posted: 20 Mar 2019 Financial Risk, Analyst One Lime Street, London About Us All roles within Lloyd's have an integral part to play in the achievement of the Strategy and Vision 2025: Lloyd's becoming a brand that is globally admired and recognised and respected for its reputation as the world's specialist centre for (re)insurance. Lloyd's will be known around the world for its integrity and will be a place where talented, diverse and socially responsible employees feel proud to work. This leadership role will practice and promote the principles of inclusive leadership and respect the value of diversity. The Risk Management team is critical to Lloyd's achieving its long term aims by ensuring risks to the strategy are effectively identified, assessed and managed within risk appetites set by the Franchise Board. The Role Contribute towards the successful development and execution of the Lloyd's financial risk framework, ensuring financial risks to Lloyd's are effectively identified, assessed and managed within the risk appetite set by the Franchise Board. What Will You Do?
To contribute to the identification and assessment of the financial risks faced by Lloyd's, in particular underwriting, catastrophe, reserve and reinsurance credit risk.
To coordinate and contribute to Risk Management's involvement in the Lloyd's capital and planning process.
To contribute to and lead elements of thematic reviews on key risk topics.
To contribute to and lead sections of the annual and quarterly Lloyd's ORSA process.
To produce high quality regular and ad hoc reporting to the various Lloyd's risk committees which enable the committees to effectively discharge their responsibilities.
To build and maintain timely and effective financial risk management reports, including from risk systems (either in-house or vendor).
To build and maintain good relationships with all relevant Corporation departments, including 'Heads of' functions where appropriate.
To respond with agility to requests (i.e. adhoc projects) from the Chief Risk Officer or Head of Risk Management.
To contribute to as part of the team, a range of key risk management processes, incl. Stress and scenario testing (incl. the capital setting process) and Risk culture, awareness and engagement
What You'll Need
Numerate/enhanced analytical skills ability to apply technical knowledge in a wide variety of situations in both written and oral form, to assess sometimes complex, intricate and lengthy information and reach appropriate conclusions.
Stakeholder management and relationship skills - to build relationships with a range of senior stakeholders.
Ability to effectively communicate (in both written and verbal forms) and engage in debate on complex topics.
Time management skills used to working to deadlines and under a certain amount of pressure. Ability to maintain effective personal workload plans that are achievable, prioritised appropriately and meet business objectives.
Team working should be able to work as part of a team, making effective contributions to team meetings and team initiatives and also be able to take ownership of tasks and projects.
Strong relationship management and communication skills the role will involve a large amount of engagement with stakeholders at various levels across the Corporation, including the production of analysis reports which must be clear, accurate and easily accessible to both technical experts and those with a more general understanding of risk management.
Excellent IT skills, in particular Word, Excel and PowerPoint.
Required Understanding of Lloyd's and the insurance industry.
Desirable- Understanding of Risk Management, including knowledge of key financial risk concepts and approaches and the ability to apply this knowledge to practical business solutions.
Understanding of Solvency II and relevant regulatory requirements.
Project management skills to actively contribute to ad hoc projects
Desirable (through internship etc) Experience of working with or in a Risk Function
As the successful candidate, you can expect to be rewarded with a competitive salary, an enviable range of benefits. To apply, please visit www.lloyds.com We are committed to flexible working, therefore if you would like to consider this as a part-time opportunity, please email email@example.com At Lloyd's we believe that innovation comes from having an inclusive culture of equality and diversity. We use ClearTalents to discover how we might help you feel welcomed, supported and able to do as well as you can when applying to work for us, including identifying any reasonable adjustments that we may need to make. Should you feel that you require reasonable adjustments during your application process we request that you please follow this link to create a ClearTalents user profile: https://cleartalents.com/apply/lloyds-fra11553094597
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