General



Job Title:
Risk and Controls Analyst

Job Summary:To support and co-ordinate activities involving operational risk and controls and intragroup services

Key Responsibilities

• Operational Risk and Controls:

• Assist in developing and executing on an annual assessment and improvement plan for controls within the COO functions. Controls to be reviewed may include but not limited to:

• Previous audit & incident controls marked as closed
• Controls self-attested as operating
• Key controls and governance in COO function policies

Assist in ensuring COO functions comply with their risk & controls (including incidents), audit and compliance obligationsAssist in developing and maintaining a compliance register that maps out ownership or involvement from a COO function and monitor/communicate key obligations to relevant ownersAssist in MI production which includes relevant stakeholder engagement and data collectionIn collaboration with the compliance team, keep abreast of relevant regulations that may impact the COO functions

• Intragroup Services:

• Support in developing and maintaining an Intragroup procedure/framework
• In collaboration with the Procurements team, support the review of the Intragroup policy
• Co-ordinate annual review of Intragroup agreements and ensure they are relevant with current company practice and in line with relevant regional regulatory requirements (such as CBI, PRA, FCA, MAS, US regulators and any other applicable regulators)
• Close collaboration with service owners in gathering periodic KPI performance data from relevant functions across Beazley
• Assist in the MI production of relevant service level reports to appropriate committees
  

General

It is important that within all your interactions both internally and externally you adhere Beazley’s core

values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal

Environment Of Teamwork, And Promote a Positive Brand Image And Experience To Our External Customers. We Also Expect Beazley Employees To

• Comply with Beazley procedures, policies and regulations including the code of delegated
• Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (Compliance, Risk, Internal Audit) either directly, via e- learning or the learning management system
• Display business ethics that uphold the interests of all our customers
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (Compliance, Risk, Internal Audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley standards and customer relationship management
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups
  
  

Personal Specification

Skills and Abilities

• Strong interpersonal skills
• Able to communicate effectively with various stakeholders, both verbally and in writing
• Ability to negotiate
• Team worker as well as able to work on own initiative
• General commercial and financial knowledge
• The ability to manage time, meet deadlines and prioritise
• Ability to use broad understanding of regulations to implement risk management strategies that are compliant with relevant legal requirements
  
  

Knowledge And Experience

• Strong knowledge of risk and control management as well as a firm grasp of the commercial drivers and dynamics affecting risk decisions in the insurance sector
• A good understanding of the processes associated with an international insurance group, both from an operational and controls perspective.
  
  

Aptitude and Disposition

• Outcome focused, self-motivated, flexible and enthusiastic
• Sees solutions not problems
• Interested in understanding and helping others
• Professional approach to successfully interact with senior management/colleagues/external suppliers
• Diplomatic
  
  

Competencies

• Information seeking
• Self starter
• Achievement orientation
• Analytical thinking
• Customer focus
• Team working
• Initiative
• Using expertise
• Integrity
• Impact and Influence