Risk Analyst

Join Canopius as a Group Risk Analyst and help shape the future of risk management in a leading global (re)insurance firm. This is an excellent opportunity for a motivated early-career professional to build deep expertise in enterprise risk management while contributing to a high-performing, collaborative team.

Reporting to the Group Head of ERM with day to day guidance from Senior Risk Analyst and Risk Manager, you'll play a key role in supporting the Group Risk function through the maintenance of risk frameworks, data analysis, governance processes, and training initiatives.

• Support the maintenance and enhancement of the Group's risk and control framework.
• Assist in identifying and documenting risks and controls across business units.
• Maintain and update risk registers, ensuring accuracy and timeliness of data.
• Help facilitate Risk and Control Self-Assessments (RCSAs) and support risk deep dives through data gathering and coordination.
• Contribute to the investigation of risk events and assist in tracking remediation actions.
• Analyse risk data to support trend identification and management insights.
• Administer and maintain the Group's GRC system (Decision Focus), including user support, data quality checks, and configuration updates.
• Support governance processes including SharePoint site management, document control, and versioning for risk-related materials.
• Assist in the development and delivery of risk training and awareness sessions across the business.
• Help design and maintain reporting templates and dashboards to support consistent and efficient risk reporting.
• Participate in horizon scanning and emerging risk assessments.
• Support the development and monitoring of Key Risk Indicators (KRIs) aligned to risk appetite. 

• Foundational experience in a second line risk function, ideally within the Lloyd's / London Insurance Market.
• Basic understanding of risk frameworks and regulatory expectations in the insurance sector.
• Strong analytical skills and ability to present findings clearly.
• Exposure to GRC systems (e.g., Decision Focus) and SharePoint governance is advantageous.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office, especially Excel (e.g., PivotTables, formulas).
• Strong organisational skills, attention to detail, and a proactive attitude.
• Team-oriented mindset, collaboration skills and commitment to continuous learning.

Competencies:

Stakeholder engagement 

Cultivates and maintains positive relationships with relevant internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.

Collaboration and teamwork: 

Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals. Actively participates as a member of a team; develops and builds cohesive team relations to produce required outputs; possesses knowledge and understanding of colleagues work.

Adapting to change: 

Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.

Continuous Improvement 

Analyses current and future state business requirements and identify strategies to continuously improve products, services or processes.  Guide and inspire others to achieve results to enhance efficiency, quality and consistency.

Innovation

Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services; tries different and novel ways to deal with problems and opportunities.

Resilience

The ability to cope with and recover from setbacks, challenges or difficulty. Persevering even under pressure or crisis situations and uses ways that foster strength and growth, often emerging stronger than before.

Future Focused

Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry.  Thinks about the future through identifying opportunities and obstacles whilst planning effectively.