Quantitative Risk Analyst New London, Agile

New Yesterday

Duration 1 year The Risk Function operates under the Enstar ERM Framework, which identifies and assesses the key risks facing the business. The role is responsible for helping the framework in practice, ensuring accurate, timely and high-quality risk reporting to committees and boards, and supporting the EMAL Chief Risk Officer and wider EU Risk team in meeting regulatory responsibilities. We seek a motivated and ambitious person, eager to apply their knowledge and experience into practical application with visible results. As the Risk team is an integral component of decision-making processes - from regulatory deliverables such as Own Risk & Solvency Assessments and internal model validation, to business-driven initiatives such as M&A transactions – we are looking to strengthen our team with someone who demonstrates a strong analytical thought process, combined with an aptitude for mathematical and statistical problem solving. The candidate will play a pivotal role in addressing the growing scope and depth of our work, providing essential support to our team as we adapt to an increasingly complex risk environment. This role offers significant opportunities for both formal and informal learning and growth. The new hire's contribution will directly impact our effectiveness in managing risks and upholding our reputation for excellence in the industry. What you will be doing: Contribute to the Risk function across a broad scope of work by understanding, analysing (with the use of statistical modelling), synthesising and clearly communicating key risks to senior stakeholders across the business. The successful candidate will work as part of a collaborative team, work with minimal guidance across core responsibilities, contributing to major deliverables, and taking ownership of smaller projects end-to-end at a high standard. The following are key areas of responsibility:
Partner with Enstar’s regional risk teams to identify, assess and report on key risks. Draft and refine technical sections of board- and regulatory-facing materials (e.g. quarterly CRO updates, ORSAs), ensuring clarity, accuracy and consistency of messaging. Prepare and present risk insights to committees, boards and senior stakeholders, tailoring technical detail to the audience. Contribute technical risk expertise across a broad scope of work, applying in-depth knowledge in quantitative risk management and a sound working knowledge of related disciplines such as capital modelling, actuarial techniques and financial risk. Maintain and report on the risk appetite framework, ensuring appropriate information is presented to senior management. Ensure that risk management policies are in place, maintained and subject to regular review. Design and deliver stress and scenario testing across the business to inform regulatory submissions (e.g. ORSA, GSSA, CISSA) and independent risk reviews of strategic initiatives). Support entity CROs/KFHs with ensuring compliance with risk management regulatory requirements and other risk management matters.
New and pending transactions
Contribute to the independent due diligence process for M&A and other transactions, with a focus on assessing financial risks and providing robust, evidence-based challenge. Analyse new and complex transaction types, using existing knowledge and established processes to identify key risks while bringing fresh perspectives to the traditional approaches and solutions. Contribute to the independent validation of financial models reviewed by the Risk function, including Internal Model Validation exercises (particularly those linked to capital returns for Enstar’s Lloyd’s Managing Agency). Perform financial and statistical analysis of insurance exposures, including sensitivity testing and interpretation of model outputs. Maintain, document and enhance technical models used within the Risk team, improving usability, controls and governance where appropriate.
Ad-hoc support to the business
Lead or contribute to deep dive reviews into specific financial risk topics, emerging issues and one-off requests, proposing practical recommendations and improvements where appropriate. Act as a pragmatic second line advisor, offering timely second opinions and clear recommendations across a wide range of stakeholder queries. Take a continuous improvement approach, helping evolve processes, outputs and responsibilities over time in line with business needs and professional development. The responsibilities described above are not exhaustive. Enstar is committed to ensuring our people develop and harness the right skills consistent with their wants and business needs. Therefore, it is expected that this will change over time.
People
Help embed a culture of risk awareness and effectively challenge across relevant entities. Coach and develop colleagues and, where applicable, contribute to the management and development of junior team members and/or direct reports in line with Enstar policies and practices.
What you will bring:
Experience: 2+ years of enterprise risk management experience, including in-depth experience in capital modelling and/or validation exercises. Awareness of key related disciplines such as reserving and investment management. Education: Degree (or equivalent) in a numerate field (minimum 2.1 preferred). Strong progress in professional qualifications (e.g. Actuarial). Quantitative & analytical capability: Excellent analytical skills, strong attention to detail, and sound knowledge of statistical methods; able to work from granular analysis to clear “big picture” conclusions. Problem solving: Demonstrated ability to solve complex problems, assess issues from different angles, and apply new perspectives to existing solutions and processes. Communication & stakeholder management: Confident and personable in a user-facing environment, with the ability to present and communicate complex financial / risk information concisely and clearly. Delivery focus: Strong organisational skills, able to manage and report on discrete projects, meet strict deadlines, and perform under pressure. Ways of working: Proactive, collaborative and relationship-driven; able to listen, adapt to changing priorities, and make decisions when needed. Able to work independently and with minimal guidance where required. Technical skills: Strong computational skills, with experience in programming and data tools (e.g. Python / R / SQL). Flexibility: able to adapt to changing work priorities and assignments. Learning agility: Ability to quickly grasp unfamiliar risk topics and distil complex materials into clear summary reports for inclusion in aggregate risk reporting. Continuous improvement: Demonstrable ability to question, challenge, and improve processes appropriately, with a results-driven mindset and openness to new approaches. Interests: understanding of economics, insurance and financial services; interest in actuarial techniques. Pension (Enrolment is automatic on joining with a 10% employer contribution) Dental Insurance (This is an optional taxable benefit available to employee, spouse, and dependents) Medical Insurance (This is an optional taxable benefit available to employee, spouse, and dependents through a private health network) Travel Insurance (As an employee you are automatically enrolled with business and leisure travel insurance with single, couple, family, or single parent family coverage options.) Eligible company funded annual 360 Health Assessment. Voucher for free annual eye examination. Option to loan a bicycle and safety equipment tax free. Wellness Reimbursement program (up to 700 pounds annual reimbursement for wellness related expenses, i.e, gym memberships, massage, etc.). Tusker – Electric Vehicle (A fixed monthly amount is taken directly from your gross salary and, in return, you get the use of a brand new electric car.). Optional Critical Illness coverage Automatic coverage provided by income protection programme Access to Employee Assistance Programs (EAP) for health and wellbeing
Who we are: We area trusted global re/insurance group and theleading provider of retrospective solutions,with specialist underwriting capabilities. Wehelp our clientsmanage risk, unlockcapitaland create the financial freedom to grow. With operations across the world’s major insurance hubs and a global network of close to 800 talented professionals, we bring expertise and fresh thinking to some of the industry’s biggest challenges. For more information about careers at Enstar, visit our LinkedIn Life page or visit our careers site Why Enstar: Learning and development are a fundamental part of every employee's career journey with Enstar. Supporting growth and career progression is key to how we engage our people - helping them to learn, grow and succeed at Enstar. Weofferarangeof initiatives and resources to support ourpeoplethroughouttheir careers:
Professional Qualifications and Study Support:We support employees who wish to take professional qualifications aligned to their role and career development. Training, Conferences & Seminars:As a globalorganisation,we work with manyprofessionalbodiesto provide access totrainingprogrammes, conferences, seminars andcontinuing professional development (CPD) opportunities. Digital Learning Hub:Ourdigital learning hub, LinkedIn Learning,offersa wide range of self-serveresources, includingcourses, videos, eBooks,andaudio books, to help employeesbuild news skills and deepentheirknowledge.
We also invest in physical,mentaland financial wellbeing initiatives forouremployees. Supportive teams, inspiringworkand apositive workingenvironmentallcontribute to ourcollectivewellbeing.Beyond the workplace, westrive to make apositive influence in our communities and to continuously reduce our impact on the environment. Enstar Inclusivity Policy: Our annual Inclusivity Index puts Enstar ahead of the industry in terms of promoting an inclusive and welcome working environment. We’re an equal opportunity employer and believe that our inclusive environment creates an authentic working culture. We don’t discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation.Enstar is committed in providing an accessible recruitment experience for all those interested in working with us. Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to enable you to fully participate in our recruitment process. Can’t find the job you’re looking for? If you can't see a job that interests you, why not register for our job alerts by email service? And we’ll email you when a job that matches what you're looking for is uploaded onto the site. #J-18808-Ljbffr
Location:
Greater London
Job Type:
FullTime

We found some similar jobs based on your search