Risk Analyst – Europe
Core
Support the Enterprise Risk Management (ERM) framework across Europe, ensuring alignment with Solvency II and regulatory expectations.
Role type
Second Line of Defence Risk Analyst
Builds
Enterprise Risk Management framework, ORSA assessments, risk reports for Senior Management and Boards
Domain
Insurance / Regulatory Compliance (Solvency II)
Deliverable
dashboards & analysis
Required skills
Solvency II governance, ORSA processes, Risk Appetite Frameworks, operational risk analysis, stress testing, scenario analysis, RCSA coordination, third-party risk management, data analytics, report writing
Preferred skills
Professional qualification in Risk Management or Internal Audit, experience with multiple European jurisdictions, knowledge of multinational insurance structures
Technologies
Excel, Power BI
Responsibilities
Monitor Key Risk Indicators (KRIs) and Risk Appetite metrics; coordinate periodic risk assessments and maintain the corporate risk register; provide independent challenge to business functions on risk identification and control effectiveness; support the preparation of Own Risk and Solvency Assessment (ORSA) including stress testing; analyse and report on underwriting, operational, conduct, strategic, regulatory, liquidity and emerging risks; support Business Continuity and Operational Resilience processes; monitor regulatory developments from EIOPA and national supervisory authorities.
Seniority
Mid-level, hands-on IC