Position Overview & Specifications

Trainee Risk Assistant. £25,000-£35,000

For an A level or graduate calibre candidate (or equivalent) looking to develop their career within the Lloyd’s Underwriting industry this could be an excellent career opportunity. Some exposure to the insurance sector would be beneficial.

This is a broad role that will provide you with the opportunity to gain practical experience and knowledge in the Risk team, which is there to help all areas of our business manage the risks and potential losses of the insurance markets in which the company operate. This is an opportunity for the right candidate to gain a wide range of experience and exposure across Risk Management and a detailed understanding of the activities of a specialty Insurer.

Main duties

Risk data analysis, review and documentation

Monitoring the business risk profile and adherence with risk appetites

Production of management information / regular reporting for committees, management meetings and the wider Group.

Support the projects that fall under the remit of the team such as the Annual ORSA Report, Internal Model Validation, Stress Testing and Independent Underwriting Reviews

Build relationships with internal stakeholders to effectively communicate key risk issues and to ensure timely receipt of key Risk metrics and KPIs

Attendance at meetings as required

Support in the production of Regulatory Report