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Senior Risk Analyst

2 months ago

London, Greater London, United Kingdom WTW Full time

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has over 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential.

The Role

The Senior Risk Analyst is responsible for supporting the Europe Chief Risk Officer and the Risk team in conducting various risk management activities within the agreed ERM Function plan(s). The Senior Risk Analyst will work closely with the business and other corporate functions to support the embedding of risk management practices in the organization.

The role reports to the Europe Chief Risk Officer.

Assist with the maintenance and monitoring of all Risk and Control Assessments for lines of business and corporate functions.

Support with the implementation and training of the GRC tool across Europe.

Collate and analyze data to support the production of relevant risk analysis and risk reporting.

Assist with producing regular relevant committee risk reporting.

Support and facilitate risk assessment processes, such as new products, risk acceptance etc., including maintaining relevant logs.

Assist with the maintenance and monitoring of risk issues / incident process, including associated action plans, ensure they are identified, captured, investigated and reported appropriately.

Support the Risk team with minutes of meetings and development of action logs.

Assist with developing and delivering risk management training to lines of business and corporate functions.

Assist with the regulatory capital management assessment processes, including scenario analysis, analysis of resources, wind-down planning and drafting associated reporting.

Partner with segment, geography, and corporate function Risk Co-ordinators on all aspects of the ERM Framework, i.e., risk & control assessment process, risk issues, incidents, GRC system, training etc.

The Requirements

 Educated to degree level or equivalent and a relevant professional qualification would be advantageous

 Experience in similar position, preferably in the insurance sector, is desirable

 Good knowledge of risk management processes

 Team player, excellent interpersonal and influencing skills

 Excellent communication and interpersonal skills with the ability to establish and maintain effective working relationships

 Ability to work in a highly collaborative environment

 Excellent IT skills, in particular MS Excel, Word and PowerPoint and user experience of GRC systems

 Highly organized and comfortable working autonomously

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.