Senior Associate Performance, Investment Risk& Oversight-12 month FTC

Apply locations: Lloyd's UK: London

Time type: Full time

Posted on: Posted Yesterday

End Date: December 13, 2024 (11 days left to apply)

Job requisition id: R4025

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.

The Role

Provide investment expertise and perform project-based work associated with LTIM's management of investment risk and oversight of market investment activity.

Principal Accountabilities

1. Present output and findings to the wider LTIM team and finance departments on relevant issues.
2. Contribute to LTIM's stakeholder relationships, including attending meetings with managing agents.
3. Provide technical investment management expertise to member services to assist with understanding requests and conducting research for the admittance of new financial instruments and securities into FAL.
4. Produce and develop management information needed for oversight, monitor risk against internal appetites, and act as a Risk Representative for LTIM. Prepare management information for key stakeholders including Committees, PRA, overseas regulators, analyst community, and Credit Rating Agencies.
5. Aid in the preparation of Investment Committee papers to be reviewed by the CIO.
6. Perform thematic reviews of market investments to identify potential risks to Lloyd's and recommend mitigating actions.
7. Conduct analyses on market investments to identify risk exposures and report to the CIO with qualitative overlay assessment.
8. Maintain and lead the Market Risk Oversight process ensuring that documentation is kept up to date.
9. Responsible for the Oversight framework to include Member and Central asset monitoring.
10. Responsible for reviewing and initial assessment of investment risk and portfolio proposals to ensure alignment with the Prudent Person Principle and Membership & Underwriting requirements.
11. Liaise with Managing agents & Member universe to ensure consistent communication and interpretation of guidance is appropriate.
12. Monitor market compliance with investment principles based oversight and provide guidance to other team members on reviews of all agents.
13. Lead stakeholder communication to ensure all departments are kept up to date with evolving risk profiles.

Skills

1. Technical investment management expertise.
2. Strong analytical and numerical skills are essential.
3. Good communication skills.
4. Problem solving/decision making skills.
5. Effective stakeholder management skills.
6. Proficiency in MS Office.
7. Ability to organize workload and manage to strict deadlines.
8. Strong interpersonal skills are key given the collaborative nature of the role.

Knowledge

1. Knowledge of a broad range of investment asset classes and their application.
2. Knowledge of best practice investment methodologies and successful governance and control.
3. Knowledge of general strategic issues/developments within the Financial Services sector.

Experience

1. Experience of analyzing asset risk for fixed income securities is required.
2. Experience of stakeholder management.
3. Experience of project management.
4. Experience of communicating complex financial and business data.

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. We understand that our work/life balance is important, and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme, and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application or any adjustments, please click the following link:

Application Support Link

Please note, clicking on this link does not register your application for the vacancy.

Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.

We will invest in attracting the best talent to Lloyd's, making sure recruitment is targeted at bringing in the skills we need to evolve.

We will develop a talent pipeline that provides us with the key capabilities we will need for the future, creating a culture in which every employee fulfills their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.