Analyst, Operational Risk & Resilience at Lloyd's of London

, , United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

15 Feb, 26

Salary

0.0

Posted On

17 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Operational Risk, Risk Management, Analytical Skills, Stakeholder Engagement, Problem Solving, Communication, Team Collaboration, Risk Assessment, Data Strategy, Resilience, IT, Cyber, Third Party, Emerging Risks, Scenario Testing, Risk Culture

Industry

Insurance

Description

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world. Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us. Lloyd’s are recruiting for an Analyst, Operational Risk & Resilience as a member of the Risk Management team. The risk analyst will ensure operational and resilience risks at Lloyd’s Corporation are identified, assessed, and managed within the risk acceptance authorities. This includes working closely with a wide range of business functions (primarily Operations areas) to support and challenge their management of operational risk (risks arising from people, processes, systems, and external events). Reporting to the Manager of Operational Risk and Resilience. Principal Accountabilities: To work with key Operations functions to ensure the operational risks arising in those functions are being adequately identified, assessed, and managed. To support functions in performing their risk management duties and to challenge the functions where appropriate to ensure risks are within appetite. To support and ensure the effective use of a range of risk tools by the functions, including Risk and Control Self-Assessment, Risk Incident Reporting (losses, control failures, near misses). Risk appetite reporting, Emerging risks reporting . Stress and scenario testing (incl. the capital setting process) and Risk culture, awareness and engagement Support the team by monitoring and analysing KRIs and incidents, acting as a key contact for risk queries, contributing to discussions and research, assisting with cyclical reporting, and coordinating meeting logistics including agendas and minutes. To contribute to thematic reviews on key risk topics, testing how effectively risks are being managed by functions. To make recommendations to improve the management of risks and to present findings to stakeholders in Risk and the functions. To support production of 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 risk management reports, including from risk systems (either in-house or vendor) To build and maintain good relationships with all relevant Corporation departments, including ‘Senior Associate/Managers of’ functions where appropriate. Support risk oversight across operational transformation, corporate policies, resilience, data strategy, and technology—including AI—ensuring risk perspectives are embedded in decision- making. Skills Knowledge and Experience Experience of working with or in a Risk Function or in a front-line operational role. Experience in managing risks in operational processes or applying risk management frameworks, tools, and processes. Knowledge of operational functions (particularly. IT, Operations, Resilience, Third party, Data and Cyber) to enable credible support and challenge to the risk management of those functions. Ability to solve problems and develop solutions to business problems. 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. Ability to productively challenge technical experts across Lloyd’s and be robust/resilient under scrutiny. Analytical skills and be able to communicate (in both written and verbal forms) and engage in debate on complex topics. Evidence of influencing outcomes with senior management in both formal (e.g. committee) and informal settings is critical. Candidates should be used to working as part of a team, making effective contributions to team meetings and team initiatives and be able to take ownership of tasks and projects whilst often working remotely and without supervision Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website. We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes. By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems. Should you require any additional support with your application, or any adjustments, please click the following link; https://cleartalents.com/apply/lloyds-msa1645695881 Please note, clicking on this link does not register your application for the vacancy Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect. We will invest in attracting the best talent to Lloyd’s, making sure recruitment is targeted at bringing in the skills we need to evolve. We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.

Responsibilities

The Analyst will ensure operational and resilience risks are identified, assessed, and managed within risk acceptance authorities. They will work closely with Operations functions to support and challenge their management of operational risk.