Technology Risk Analyst

Reporting to the Technology Risk Manager, the Technology Risk Analyst will work as part of a team responsible for the coordination, development, and operation of an enhanced Risk framework for Technology (including security). Working closely with domain and subject matter experts, the team will ensure that Technology risk is effectively monitored and managed across Admiral Insurance.

Playing a key role in the team, the Analyst will facilitate and support the identification, analysis, and monitoring of Technology risks. They will support risk assessments and help identify options and recommendations for the treatment of risk. 

The Analyst will help maintain the risk registers and monitor and track day-to-day risk exposure ensuring that risk is communicated/escalated as appropriate.

The Analyst will actively support the Risk Event process and collation of Key Risk Indicators and will also be required to educate users on technology risk processes and methodology.

Main Duties

• Facilitate and support stakeholder advisory & risk reviews
• Maintain risk registers and updates
• Work with domain and subject matter experts to identify, analyse and assess key risk scenarios and support stakeholders with risk analysis and reporting
• Review and recommend suitable and appropriate, cost-effective controls or counter measures to address key Technology risks
• Collate and challenge data for Key Risk Indicators
• Collate risk reporting and status updates for committees.
• Support the Risk Event process and provide Risk Event tracking and reporting
• Support key programmes and agile teams with potential risks arising from planned IT-enabled change
• Maintain Service Now risk management procedures and guides.
• Educate users on Service Now risk modules and provide ongoing support.
• Monitor alignment between Service Now and group GRC tool
• Support Continual Improvement activities within the team

Key Skills, Qualifications and Experience:

Essential:

• Have a good knowledge and understanding of IT systems, processes, and controls,
• A minimum of 2 years' experience performing Risk analysis within a technical environment, either individually or as part of a team, supported by a good understanding of IT/Cyber Security.
• Clear and appropriate communication for employees at all levels with the ability to discuss technical subjects with both technical and non-technical audiences either verbally or in writing.
• Ability to articulate and pitch advice on Technology risk, often at a technical level, directly to key customer stakeholders.
• Ability to effectively source, collate and interrogate data and information to support risk analysis
• Ability to apply critical thinking and attention to detail as well as seeing the bigger picture
• Develop clear, efficient, and logical approaches to tackle issues and problems logically and step-by-step.
• Ability to effectively collaborate and work independently in a fast-growing organisation.
• An understanding of customer priorities and a desire to support their expectations

Desirable:

• Experience working within a regulated environment such as the financial services sector.
• Hold one or more relevant qualifications, for example, CRISC, CISM, CISA, CISSP etc.
• Knowledge of widely accepted good practice frameworks (e.g., COBIT, ITIL, ISO etc.).
• Previous experience of working with internal and external auditors
• Previous experience using the ServiceNow platform.
• Previous experience of performing risk analysis using the FAIR risk analysis approach

Our Commitment to You

At Admiral, we are committed to being a diverse and inclusive workplace. Admiral is proud to be an equal opportunities employer and does not discriminate on the basis of race, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), national origin, gender, gender identity, sexual orientation, disability, age, or any other legally protected status.

All qualified applicants will receive equal consideration for employment.

Salary, Benefits, and Work-Life Balance

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to work for in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.

You can also view some of our other key benefits here.

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