Job Description

Job title: Risk Analyst

Department: Underwriting

Location: Alpharetta

Who We Are

Rokstone, part of the Aventum Group, is an established international underwriting MGA and approved Lloyd’s of London coverholder, where we also hold a Lloyd’s Box. With innovation at our core, we go beyond the ordinary to offer brokers specialised (re)insurance solutions. Within Rokstone, we house specialist MGAs, such as Novus, iSure, and iFarm, each contributing to our commitment to redefine industry standards.

At the heart of Aventum are our people. Working together in dynamic, service-focused teams, we prioritise our customers in everything we do. Collaboration fuels our success, courage drives our innovation and continuous improvement keeps us ahead in a rapidly evolving industry. Our shared commitment is to revolutionise insurance for the better, one day at a time.

We also believe that investing in our people is investing in our future. By empowering people across the Group to develop their careers, advance within the Group, and take on new challenges, we create an environment where growth and learning are ongoing.

Our competitive benefits package, offered via a flexible benefits platform, reflects this. Beyond core benefits, employees have the freedom to tailor their benefits to meet their individual needs, supporting their unique goals and ambitions.

Role Summary

You will play a crucial role in the re-insurance company by assessing and evaluating risks associated with insurance policies and providing analytical insights to support decision-making. You will analyse data, develop risk models, and contribute to the development of risk management strategies. This position requires strong analytical skills, attention to detail, and the ability to work collaboratively with various stakeholders.

Role Accountabilities

• Conduct risk assessments and evaluations on insurance policies to determine potential risks and their impact on the organisation.
• Analyse large sets of data to identify patterns, trends, and anomalies that may pose risks to the company.
• Develop risk models and methodologies to assess and manage risks quantitatively.
• Collaborate with underwriters, actuaries, and other stakeholders to gather relevant data and insights for risk analysis.
• Prepare and present risk reports, including recommendations for risk mitigation strategies, to senior management and other relevant parties.
• Monitor market conditions, regulatory changes, and industry trends to assess their potential impact on the company's risk exposure.
• Assist in the development and implementation of risk management policies, procedures, and controls.
• Participate in cross-functional teams to support risk-related projects and initiatives.
• Provide guidance and support to other team members on risk analysis techniques and best practices.
• Any additional duties as assigned.

Role Requirements

• Bachelor's degree in a relevant field such as finance, mathematics, statistics, or risk management. A master's degree is preferred.
• Proven experience in risk analysis within the insurance or reinsurance industry.
• Strong knowledge of insurance products, policies, and regulations.

Skills and Abilities

• Strong analytical and quantitative skills.
• Excellent problem-solving and critical thinking abilities.
• Strong attention to detail and accuracy.
• Effective communication and presentation skills.
• Strong organisational and time management skills.
• Knowledge of insurance industry regulations and best practices.
• Proficiency in statistical analysis and risk modelling techniques.
• Familiarity and proficiency with data analysis tools and software, such as Excel, SQL, and statistical software (e.g., R, SAS).
• Excellent analytical and problem-solving skills, with the ability to interpret complex data and draw meaningful conclusions.
• Effective communication, both verbal and written, with the ability to present complex information clearly and concisely.
• Demonstrated ability to handle multiple tasks and prioritise effectively in a fast-paced, deadline-driven environment.
• Strong ethical and professional conduct, maintaining confidentiality and integrity in handling sensitive information.

Management Duties

• No

We are committed to fostering an inclusive and diverse workplace. We are proud to be an equal employment opportunity employer and do not discriminate against any employee or applicant based on race, colour, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, marital status, or any other characteristic protected by applicable laws. We believe that our diversity makes us stronger and we are dedicated to providing a work environment where all individuals are treated with respect and dignity, and where everyone has the opportunity to thrive and succeed.

We value applicants from all backgrounds and foster a culture of inclusivity. We understand the need for flexibility, so work in a hybrid model. Please let us know if you require any reasonable adjustments during the recruitment process. Employees working within an underwriting role must have a license to work in that capacity upon commencing employment with us.

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