Risk Analyst


Our client is looking to hire a Risk Analyst to join their team in Bermuda on a Permanent basis.

Ref: 48936

  • Location: Bermuda
  • Category: Risk
  • Type: Permanent
  • Pay Range: Up to $75k BMD


Key Responsibilities:

  • Reviewing and validating quality and completeness of data provided by others
  • Drafting high quality and accurate presentations of output for senior management, Board and Board Committees, articulating technical information and its implications to non-technical stakeholders
  • Working closely with finance colleagues to prepare aspects of regulatory reporting in Bermuda, the UK, Malta, Gibraltar and other relevant jurisdictions
  • Performing analysis to support management, Board, regulatory, rating agency and public reporting
  • Researching and communicating rating agency methodology changes
  • Preparing calculations on regulatory and rating agency bases
  • Providing risk input to Quantitative Reporting Templates for Solvency II regulated entities
  • Supporting model change and validation through carrying out various validation tests and maintaining robust documentation
  • Proactively engaging with the providers of data and stakeholders across the company to embed the data quality policy
  • Supporting the development of systems and processes related to risk and capital management
  • Delivering risk modelling and analyses on proposed and implemented new strategies; quantifying changes to the company’s risk profile arising from alternative strategic initiatives
  • Supporting wider risk management activities, such as risk attestation
  • Responding to frequent ad-hoc requests for analysis, data gathering and reporting
  • Involvement with other special projects and initiatives as required


Other Skills:

  • Team player with excellent written and verbal communication and interpersonal skills
  • Strong attention to detail and proven ability to act with professionalism, reliability, integrity and trustworthiness
  • Diligent, self-driven and organised, with excellent time management skills

Qualifications required:

  • Bachelor’s degree or higher in a relevant numerate discipline
  • Must hold internationally recognized professional accounting designation, actuarial designation or be working towards an actuarial designation

Experience required:

  • 3 years’ experience working with the (re)insurance sector
  • Understanding of reinsurance and the Bermuda, European or Lloyd’s markets and regulatory regimes
  • Proven experience in identifying and implementing process improvements and efficiencies
  • Excellent IT skills including a high proficiency in Excel
  • Demonstrated ability to present risk reward analyses to support risk-based decision making preferred
  • Experience of working in multi-disciplinary, multi-location teams an advantage; ability to travel to the UK without a visa preferred


Ross Watts

Consultant – General Insurance

T: +44 (0)203 861 5171

Email me


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