Lloyd’s is the world’s leading insurance andreinsurance 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
