Average Risk Consultant salary in the UK

Who we are Grant Thornton’s Agile Talent Community is a network of contract professionals, giving you the opportunity to work with our clients alongside Grant Thornton teams on a project-by-project basis whilst being supported by our dedicated Agile Talent team. You can choose to work with Grant Thornton as an Independent Consultant either through your own limited company or on inside IR35 terms. Joining us in Financial Services Advisory What we doOrganisations are faced with evolving strategic, financial, operational and technological challenges. We provide the advice necessary to help clients manage risk, realise opportunities and improve their business performance.Our partner-led teams include former financial directors, chief operating officers, corporate development directors, and chief actuaries. We are client-focused, advising both financial services organisations and a wide variety of secondary market businesses.We leverage our comprehensive experience to provide a complete and holistic service to our clients.By prioritising the highest quality work, adding value through our offerings, and leveraging our agile approach, we strive to go above and beyond.Joining the Agile Talent Community as an Actuarial Risk Manager, you will have the freedom to work on projects that you choose, whether full or part-time within Financial Services Advisory and support our clients and internal teams on short to medium-term assignments.Skills we are looking forLead actuarial workstreams across risk, capital and reserving projects for multiple clients.Deliver robust second-line challenge and independent viewpoints on actuarial assumptions and modelling decisions.Produce high-quality reporting for senior leadership, Boards, Risk Committees and regulators.Coordinate model validation activities and support model improvements.Identify control gaps and recommend pragmatic enhancements.Build trusted relationships across client teams.What’s in it for you Development: Your development is important to us and as part of the Agile Talent Community you will be able to work alongside our permanent teams as well as our clients, giving you variety and opportunity to develop new skills. Our team is here to support you, with finding new projects as well as navigating the freelance regulation.Engagement: As a member of our Community, you will also be invited to events, which can help your wellbeing, educate you about the market you operate in, help you connect with the business as well as other members of the Community.Doing what’s right ahead of what’s easyEmbracing uniqueness, the culture at Grant Thornton thrives on the contributions of all our people and those who work alongside our teams, we never settle for what is easy, we look beyond to deliver the right thing, for everyone.Building an inclusive culture, where we value difference and respect each other helps everyone to perform at the best of their ability and realize their potentialHow to join You’ll first apply through our application website. We’ll ask you for your CV and some basic details. If your skills match what we are looking for, one of our recruiters will get in touch and walk you through the interview process. If there’s interest to continue, we’ll invite you to an interview with some of our key business leads. If successful, the final step will be to complete the onboarding process and background checks. We strive to ensure all our information, products, and services are accessible to everyone. If you need any adjustments to our processes to help you apply for our roles, please speak to the recruiter during the application process.

We are working on behalf of global insurer who require an experienced Risk Consultant tasked with updating and embedding the firm's risk management systems.Following a recent group review of the two existing company risk management systems the feedback was clear that the quality of the data needs to be improved and updated.This individual is needed for a 12 month period on a fixed-term-contract basis. The majority of the work can be completed remotely with occasional office attendance.Purpose of the role:To undertake the updating and embedding of the existing risk management system to enable the firm to manage itsoperational risks, including conduct risk, and adhering to Consumer Duty requirements.Ensuring that the business adheres to Group Operational Risk Control System policy and guideline requirements.Being a point of contact for the first line Risk Champions to ensure that the activities required to meet Grouprequirements are undertaken within the prescribed deadlines.Assisting in the setting the standards for risk management and promoting a risk centric culture within the business.Demonstrating a high work ethic and possess core knowledge and skills to support Risk Management objectives.Duties & Responsibilities:Working closely with the Head of Risk & Compliance and Senior Risk Manager.Undertake the required training for the two bespoke risk management systems.Work closely with the Business Process Manager through the scoping and mapping phases.Work closely with the Risk Champions to review the risks and controls data and update in line with the Group Riskrequirements into the risk management system.Provide the necessary support and guidance in identifying risks and controls. Where risks are outside of process theyare recorded in the Op Risk Questionnaire.Support the Risk Champions through the assessment stage by providing oversight and guidance on the assessment.Ensure that in both systems relevant approvals are obtained.Ensure the relevant work in both systems are completed within prescribed deadlines.Write up procedure documents for both systems.Providing any training necessary to Process Owners and Risk Champions as part of the hand off processAssisting in any ad hoc requests relating to the two system requirements.Ensure Operational Risk Control System feedback has been fulfilled.Required Skills & Experience:Previous experience in embedding risk management systems within the insurance sector.Excellent knowledge of the Risk Management Cycle.Experience with risk analysis and reporting.Analytical mind with problem-solving aptitude.Excellent communication and presentations skills.A proactive approach to work, in terms of suggesting changes and improvements to processes and systems.Commercial awareness and the ability to understand broad business issues.Understanding of the Managing General Agent model specifically in relation to risk management would be advantageous.

We're partnering with a well-established international asset finance organisation to recruit a Portfolio Risk Analyst into their UK Risk team. This role sits within Credit Risk and focuses on portfolio analytics, automated credit decisioning and performance insight, supporting Risk, Sales and Collections teams with high-quality data and analysis. Hybrid Working Offered! Key responsibilities: Analyse portfolio performance and emerging risk trendsProduce and enhance risk and MI reportingSupport and improve automated credit decisioning toolsWork with central data teams to align reporting outputsDeliver ad-hoc analysis for senior stakeholdersIdentify and resolve data quality or reporting issues About you: 2+ years of Portfolio Risk experience.Strong analytical mindset with excellent problem-solving skillsExperience using Power BI, Dataverse and advanced ExcelBackground in asset finance, or leasing within Financial Services.Confident explaining data insights to non-technical stakeholdersHighly organised, detail-focused and comfortable working to deadlines We are happy to provide application and/or accessibility support, please contact your Marks Sattin or Grafton consultant directly to discuss your needs. We're committed to protecting the privacy of all our candidates and clients, please visit https://privacy and https://en/privacy-policy-1 for our privacy policy.