Reference: TP140122
Closing Date: January 28 2022
Risk Analyst –Insurance: Strategy & Business Transformation
Flexible Working / London
A Prominent Global Consultancy Group, with headquarters in Central London, is seeking a Risk Analyst with Insurance sector experience and prudential capital expertise to join their highly successful and growing Strategy and Business Transformation Team. The Risk Analyst can work remotely or from the Central London office. This is a permanent position.
The Business Transformation and Strategy team designs, strategies and implements programmes that improve insurance businesses’ operations, cost efficiencies and capital, optimising efficiencies across the business corporate departments. This legal entity rationalisation is incredibly varied, where no two projects are the same.
This is a fantastic opportunity for a mid-level Risk Analyst who enjoys working on projects where no to days are the same. As part of a high calibre team, you will coordinate and manage projects, as well as undertake technical risk analysis.
The Organisation and Team
A highly respected and truly International Consultancy Group with an impressive client base of national and international entities. Strong calibre of professional, driven and skilled individuals, the department comprises experienced insurance regulatory experts, risk analysts, project managers, business/tax/financial analysts, change management and corporate finance professionals, auditors, regulatory and compliance advisors and lawyers, who are all skilled, commercially minded, down-to-Earth, and agile.
Responsibilities
Reporting into the department Director, the successful Risk Analyst will be part of a small team, advising and acting for a wide range of Insurance entities.
You will advise clients on business strategy and operations, specifically in relation to business restructuring, business transformation, change management, legal entity rationalisation and reorganisation. The position includes a combination of risk analysis (in large part) and technical advisory in relation to business finance, legal and tax. Ideally, you will have a background in consulting and are able to set up projects and consult at board level.
Key Responsibilities/Experience
- Strong technical experience of prudential regulation, capital requirements and resolution
- Risk Management: Planning, risk assessing and delivering regarding Capital & Liquidity, Structural Reform and Recovery & Resolution Planning
- Subject matter expert for the regulatory capital and liquidity assessment processes (e.g., ICAAP / ICARA, wind-down plan, stress testing, Pillar 3)
- Experience of Booking model assessments (including enhancing governance and MI)
- Understanding of The Dodd-Frank Wall Street Reform, the Capital Requirements Directive/ Regulations, Basel III, The Bank Recovery and Resolution Directive)
- Brexit analysis
- C-Level Stakeholder management
- Regular liaison with Finance, Legal and Regulatory departments
- Prior experience within the Insurance sector
- A strong understanding of working in a consulting environment, which involves finance/legal/ tax business analysis and reporting
- Experience within Corporate Restructuring and transformation
- Keen eye for stakeholder engagement and relationship management
- You will be an agile (think on your feet and flexible around client priorities), hands-on professional with a strong sense of initiative, pro-activity and investigative mind-set
Prospects
This is a superb opportunity to join a highly skilled, innovative, entrepreneurial, forward-thinking team. The role offers the successful Risk Analyst quality work for future career progression, as well as a mature flexible working environment. Highly competitive annual remuneration, attractive flexible benefits, 25 days holiday plus bank holidays etc.
In this role, the successful candidate will receive top-tier training in the areas of strategic business management and development. The position offers the successful applicant a challenging and varied workload and the opportunity to influence an already successful and growing global entity.
Finally, the organisation has a fantastic reputation as a friendly and empathetic business that encourages a healthy work-life balance.