Insurable Risk Analyst - Flexible Working Available

Job Title: Insurable Risk Analyst

Location: Frimley - We offer a range of hybrid and Flexible Working arrangements - please speak to your recruiter about the options for this particular role.

Salary: £36,000

What you'll be doing:

• This role is an integral part of the Group Insurable Risk (GIR) business support team, supporting the management and maintenance of the departments risk system used to capture and report on claims, insurance policies, premiums, and exposure information about the company for placing insurance
• Supporting the insurance placement team with policy renewals, including data collection, collation, management and presentation of data to brokers/insurers. This includes comparing, contrasting and combining different sets of data to identify variances
• Playing a key role in training users (globally) of the risk system and assists in workshops/meetings with stakeholders at all levels
• Supporting the development and build of reports from the risk system to meet user requirements
• Responsible for department finances including the processing of purchase orders, invoices and internal recharges alongside general ledger maintenance. GIR are responsible for over £40m in insurance premiums and £3.5m in department and third party service provider fees to the global business

Your skills and experiences:

Essential:

• Good understanding of databases and how they work
• Proven analytical skills and expert in Microsoft Excel with ability to manipulate data with pivot tables and VLOOKUP's
• Well-developed analytical skills e.g. comparing, contrasting and combining different sets of data
• A proven understanding of how to reconcile financial information
• GCSE Maths and English (minimum C or 5)

Desirable:

• Experience using and building reports/dashboards using PowerBI
• Good grounding in general insurance principles

Benefits:

You'll receive benefits including a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. You'll also have access to additional benefits such as Flexible Working, an employee assistance programme, Cycle2work and employee discounts - you may also be eligible for an annual incentive

The Group Insurable Risk team:

Group Insurable Risk (GIR) has a global accountability for insurance purchase for BAE Systems. GIR is resourced to be the global subject matter expert supplemented by specialist skills of external insurance brokers and consultants. Sitting within an integral part of the business support team, you will be supporting the management and maintenance of the risk system. The risk system has over 50 users in the business, external service providers and GIR team.

This role will provide you with the chance to learn a new skill set (insurance, risk), whilst having a global view of BAE Systems and building an extensive network in order to support the wider business.

It is a dynamic role with positive challenges to be involved in. There is an opportunity in this role for progression and development within the team.

Why BAE Systems?

This is a place where you'll be able to make a real difference. You'll be part of an inclusive culture that values diversity, rewards integrity, and merit, and where you'll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently underrepresented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals.

We also want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and your place of birth may limit those roles you can perform for the organisation.

Closing Date: 24^th June 2024

We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.

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