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Risk Analytics Analyst / Senior Analyst

G MASS

Skills

Required

  • validation
  • Internal Model / Partial Internal Model / Standard Formula settings
  • model governance
  • stress and scenario testing
  • SCR validation / model change / capital adequacy work
  • underwriting
  • ORSA production
  • risk reporting
  • statistical
  • actuarial or risk modelling

Preferred

  • Actuarial
  • risk management framework
  • stress testing
  • Lloyd’s capital submissions
  • Capital Modelling

G MASS is working with a well-established Lloyd’s market business to appoint a Risk Analyst or Senior Risk Analyst to its Risk and Compliance function in London. The role is offered on a 12-month contract with a genuine prospect of moving to a permanent position, and sits within a team responsible for risk oversight across several syndicates.

Responsibilities

  • This is a quantitatively focused position at the heart of the risk management framework. You will interrogate data to identify trends, exceptions and emerging risks, take ownership of internal model validation work to quarterly timetables, and play an active part in model governance, ORSA and stress testing. Strong stakeholder skills are essential, as you will be expected to set clear expectations and surface issues early.
  • Develop and maintain the quantitative components of the risk management framework across multiple syndicates.
  • Track Actuarial and Exposure Management risks against appetite on a quarterly basis, and assist with the Risk team’s challenge of syndicate business forecasts.
  • Produce the quantitative sections of syndicate ORSA reports.
  • Contribute to SCR validation, model change and Lloyd’s capital submissions, working to fixed quarterly deadlines.
  • Carry out operational risk validation, partnering with actuaries, external validators and Exposure Management to resolve outstanding validation actions.
  • Prepare validation and governance papers for internal model committees and other oversight forums.
  • Support internal model governance, including upkeep of the model policy and management of committee agendas, minutes and actions.
  • Run stress and scenario testing and help embed the wider stress and scenario framework.
  • Act as a point of contact for senior stakeholders, managing expectations and escalating concerns promptly.
  • Develop effective relationships with Actuarial, Exposure Management, Capital Modelling and the wider business.

Requirements

  • Around 3 to 7 years in a risk position within a syndicate, insurer, MGA or consultancy.
  • Sound knowledge of the Lloyd’s market and the principal risks facing insurers, including underwriting, reserving, capital, operational and exposure management risk.
  • Background in Internal Model, Partial Internal Model or Standard Formula settings, with a working knowledge of model governance, validation and capital requirements.
  • Excellent analytical and numerical ability, with a track record of drawing insight from complex data.
  • Hands-on involvement in ORSA production, stress and scenario testing and risk reporting.
  • Strong written skills, including drafting papers for committees, boards or senior audiences.
  • Confident communicator and organised project manager, comfortable managing expectations and escalating where needed.
  • Self-starter able to prioritise competing demands and hit quarterly deadlines.
  • Exposure to SCR validation, model change or capital adequacy work is desirable.
  • Familiarity with statistical, actuarial or risk modelling techniques is desirable.

Risk Analytics Analyst / Senior Analyst

G MASS · London, United Kingdom (Hybrid) · Contract · Posted 2026-11-12

Benefits

12 months initial term, with strong likelihood to go perm upon performance