Risk Analyst

Title: Risk Analyst
Type:Hybrid

Location: Sun Prairie United States

Job Description:

Primary Details

Time Type: Full time

Worker Type: Employee

The Opportunity: The purpose of this role is to act as the 1st line of defense (1LOD) for risk identification and control establishment through monitoring, testing and reporting for assigned area(s). You will collaborate with business and/or functional leaders to implement the risk management objectives within assigned area(s) and escalate more complex issues to the 2nd line of defense (2LOD) Enterprise Risk Management (ERM) team.

• Location: Sun Prairie, WI highly preferred, but will consider any QBE office location or possibly remote for the right candidate
• Work Arrangement: Hybrid presence in the office highly preferred (8-12 days/month) but fully remote is a consideration for the right candidate.
• The starting salary range for this role is between $64,000-$120,000 depending on experience and location

Your New Role:

• Conduct Risk and Control Self Assessments (RCSAs) and ad hoc risk reviews - Undertake the day-to-day identification, measurement, mitigation and reporting of risks in accordance with the Risk Management Framework requirements
• Report issues and manage the entry and update process into the system
• Undertake root cause analysis and remediation activity of any material risks, issues or incidents while keeping ERM informed
• Communicate with the ERM Risk Partner to ensure quality of issue documentation, root-cause analysis, rating, cross-functional dependencies, legal/compliance engagement, risk treatment action plans and appropriateness of target dates
• Manage key risks and escalation where there are control gaps by ensuring the control environment is both designed and operating effectively
• Proactively incorporate early and ongoing engagement of the risk function in key business decisions, including the development of business plans, new products, strategic initiatives, etc.
• Serve as point of contact for assigned business unit with Compliance, Risk and Legal on regulatory compliance matters

Required Experience

• 4 years relevant experience

Required Education

• Bachelor's Degree or equivalent combination of education and work experience

Preferred Competencies/Skills

• Advanced computer skills and ability to learn new systems
• Strong communication skills (written and verbal)
• Ability to develop relationships with key stakeholders, both internally and externally
• Exceptional organization and project management skills
• Strong understanding of insurance concepts and disciplines, varies by line of business
• Clearly and confidently convey information to various audiences through speech and writing

Preferred Knowledge

• Relevant trends, standards, best practices and information within the industry
• Strong analytical capabilities
• Familiarity with RSA Archer

Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate's professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.

QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:

• Hybrid Working - a mix of working from home and in the office
• 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
• Competitive 401(k) program with company match up to 8%
• Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
• Tuition Reimbursement for professional certifications, and continuing education
• Employee Network and Community - QBE actively supports six Employee Networks, and many ways to give back to your community

To learn more, click here: Benefits | QBE US.

Why QBE? What if you could have a positive impact - at work and in the world?

At QBE, we're enabling a more resilient future - for our customers, communities, environment, and for our people. We're building momentum to achieve something significant and know our people are at the center of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you'll get to spend every day working with people who are passionate, talented and kind. And our international scale means we're big enough for your ambitions, yet small enough for you to make a real impact.

Commitment to Diversity

QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.

Equal Employment Opportunity:

QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.

Supplementary information

Skills:

Analytical Thinking, Audit Management, Communication, Critical Thinking, Customer Service, Decision Making, Financial Products, Intentional collaboration, Managing performance, Problem Solving, Regulatory Compliance, Risk Appetite, Risk Management, Risk Mitigation Strategies, Stakeholder Management