Senior Associate; Insurance Risk

Position: Senior Associate (Insurance Risk)
Location: Greater London

## Senior Associate (Insurance Risk)
Apply locations:
Lloyd's UK:
London time type:
Full time posted on:
Posted 24 Days Agotime left to apply:
End Date:
May 25, 2026 (10 days left to apply) job requisition :
R4909

Lloyd’s is the world’s leading insurance and reinsurance 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 looking to recruit a Senior Associate (Insurance Risk). You will support the effective operation and continuous enhancement of Lloyd’s financial risk framework through robust oversight, challenge, analysis and reporting, ensuring that material financial risks
-particularly in relation to underwriting, reserving, capital and assets of both the Corporation and the wider Lloyd’s market - are appropriately identified, assessed and managed in line with Lloyd’s risk appetite.
** Principal Accountabilities
*** Contribute to the identification, assessment and monitoring of key financial risks faced by Lloyd’s, with a focus on underwriting, reserve, capital, investment and liquidity risks.
* Deliver  strong  and  independent  risk  oversight,  challenging  first-line  functions  on  methodologies, assumptions, controls and governance, and recommending improvements where necessary.
* Support the development and operation of systemic risk frameworks, including the design, execution and analysis of stress & scenario testing across financial risks.
* Escalate material risks appropriately through the governance framework, ensuring timely and accurate communication of emerging or heightened risk exposures.
* Lead  or  contribute  to  thematic  reviews,  lessons-learned  exercises  and  validation  activities,  ensuring findings are robust, evidence-based and implemented in conjunction with relevant Corporation teams.
* Contribute  to  regular  and  ad  hoc  financial  risk  reporting,  including  ORSA  submissions,  Committee papers and market-wide insights.
* Respond flexibly and effectively to ad hoc analysis requests and projects, ensuring high-quality, timely outputs for senior stakeholders and leadership
** Skills Knowledge and Experience
*** Actuarial,  technical  risk  management  or  similar  background  desirable  (qualification  beneficial  but  not essential).
* Understanding of the Lloyd’s and wider insurance market, including underwriting, reserve capital, investment and liquidity risks (Would be beneficial)
* Experience engaging with and constructively challenging senior stakeholders.
* Proven experience operating within or alongside risk management frameworks, processes, or oversight functions.
* Experience contributing to risk reporting, stress & scenario testing, or financial risk analysis is advantageous
* Technical  financial  risk  expertise  with  demonstrable  skills  in  pricing,  reserving,  capital  or  broader actuarial/risk analysis.
* Analytical  capability,  able  to  interrogate  complex  data,  challenge  assumptions  and  reach  sound, evidence-based conclusions.
* Stakeholder  management,  capable  of  building  strong  relationships  and  influencing  senior stakeholders to achieve effective risk outcomes.
* Strong risk identification and prioritisation skills, able to justify decisions using a risk-based lens. Confident in applying constructive challenge, demonstrating resilience and professionalism under scrutiny.
* Project management capability, ensuring timely delivery of BAU and change projects (e.g., implementation of new processes or frameworks).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…