ROLE PURPOSE:
The Risk Analyst is responsible for collecting, analyzing and presenting reports for Group Risk and Compliance. This role is responsible for providing reporting and support across the enterprise risk modules and various types of risks. The role will liaise across the Group and Divisional Risk teams to successfully provide assurance over the ERM framework through reporting, data analytics, automation, dashboard creation and reports consolidation across the Risk and Compliance function. This role will involve the design and development of reporting tools that are project driven and will be direct contact of onshore stakeholders on certain projects that will be assigned.
RESPONSIBILITIES
•Data collection:•Gather data from various sources, including risk management systems, internal databases and external risk data.•Collect risk information from the assigned Divisional Risk Team to support monitoring against the risk standards and risk appetite.•Data cleansing to ensure for consistency.•Data Analysis and Report Generation:•Analyze datasets and utilize quantitative methods to identify trends and data exceptions.•Create interactive dashboards and reports using tools like Power BI, Tableau, Excel or custom-built solutions.•Collaborate with senior risk management, standard owners, and project teams to define reporting requirements.•Create regular and ad-hoc reports that summarize risk metrics, key risk indicators (KRIs) and key performance indicators (KPIs).•Data Management and Quality:•Collaborate with risk system administration team to manage data within risk systems and ensure data accuracy and integrity.•Support the ‘Second Line of Defense’ role by monitoring business unit risk management activities on a weekly, monthly and quarterly basis, e.g. Issues and Incidents, RCSA monitoring, follow-up with the business and assessing completeness of risk data.•Perform data quality monitoring and work with relevant stakeholders to correct risk data quality issues.•Stakeholder Collaboration:•Work closely with stakeholders to understand business requirements.•Present analysis to stakeholder and maintain a feedback loop to gather inputs or questions related to risk data analysis findings.•Documentation and Knowledge Sharing:•Maintain accurate documentation of data sources, reporting process and procedures.•Collaborate with team members and stakeholders to share knowledge and best practices.•Automation and Efficiency:•Develop automated reporting processes to streamline report generation.•Continuously seek ways to improve reporting efficiency and accuracy that supports risk transformation.•Technical Expertise:•Continuously enhance skills in data analysis, data modeling, and reporting tools.•Stay up-to-date with emerging technologies and best practices in reporting.•QUALIFICATIONS
Knowledge
•General knowledge of risks, process flow, controls and outputs of an insurance operation•Fundamental knowledge of data analysis, extraction and management techniques for insurance portfolios•Fundamental knowledge in report template creation and designCompetencies/Skills
•Proficiency with reporting and visualization tools (e.g., Power BI, Tableau, etc)•Aptitude for understanding, administering and supporting systems•Strong analytical and problem-solving skills•Understanding of risk management concept and practices•Excellent communication skills to work effectively with cross-functional teams and business stakeholders•Capable of representing team of function in a range of internal forums•Ability to identify opportunities to improve processes•Ability to adapt to evolving technologies and trends in reportingExperience
•6 years of experience in reporting and data-related projects that delivered tangible benefits•At least 1 year experience in the financial services industry, preferably in insurance•Working experience in a consulting or shared services environment (desirable)•Risk management qualification (desirable)•Bachelor's Degree in Computer Science, Information Technology, or any related field or equivalent work experienceHow to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.