At Convex, we are dedicated to building the insurance company of the future. As a Risk, Audit and Compliance Analyst, you will play a vital role in supporting our Assurance functions, Risk Management, Compliance, and Internal Audit. In these teams, you will gain hands on experience that ensures our underwriting, operations, and management teams are aligned with Convex’s goals while safeguarding the business against potential risks.
We are looking for a motivated graduate with an inquisitive mindset, a collaborative spirit, a willingness to learn, and a genuine interest in governance, risk management, and regulatory compliance. This is a unique opportunity in our Graduate Programme, offering three six-month rotations that provide a well-rounded foundation for a successful career at Convex.
Throughout your rotations, you will assist with risk assessments, compliance reviews, and internal audits to ensure policies, procedures, and regulations are adhered to. You’ll also help communicate findings and recommendations to management and support the implementation of corrective actions.
Key Responsibilities
Risk Management Rotation
In this rotation, you will work with our Risk Management team to understand and manage the risks being taken by Convex as we build the insurance company of the future.
- Analyse key risk data such as Risk Appetites, Risk Incidents, and Insurance and Financial Market MI to provide insightful information.
- Support and/or lead improvements within the Group Risk Management Framework.
- Coordinate and support face-to-face discussions with business areas regarding the risks they face and the controls they operate.
- Assist with Emerging Risk projects undertaken with various stakeholders around the business.
- Prepare reports for the Group Risk Committee, Entity Executive Committees, and Entity Boards.
- Participate in collaborative 'Risk deep dives' into specific areas.
Compliance Rotation
Join our highly regarded Compliance team, ensuring Convex meets its regulatory requirements both in the UK and across the countries we operate in.
- Support the business in ensuring activities are within regulatory requirements.
- Respond to licensing and sanctions queries.
- Undertake research and analysis into regulatory developments.
- Support strategic projects.
- Assist with regulatory reporting and due diligence reviews.
Internal Audit Rotation
As part of our Internal Audit team, you will help improve the overall effectiveness of Convex's governance, risk management, and internal control processes.
- Actively contribute as a valuable member of the Internal Audit team.
- Complete audit planning tasks and document relevant business processes to support audits.
- Perform detailed internal audit tests of processes and controls.
- Attend meetings, take notes, and review evidence.
- Interview a broad range of key stakeholders to understand their processes and controls.
- Draft audit reports for review by audit managers.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Income Protection
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- 10 days of help with care (elder/ childcare) through Bright Horizons
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
About Convex Insurance
In 2019, Stephen Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company has since received an A.M. Best rating of A (Excellent) and regulatory approval to operate in London, Bermuda, Luxembourg and United States.
We have also welcomed leaders in their fields from across the insurance industry, bringing a diversity of thought and approach.
We live our values in every facet of our business:
Earn our reputation
Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.
Straightforward and fair
We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.
Determined to improve
However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.
Inspired by opportunity
We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.
Enjoy being different
We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.
