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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 RotationJoin 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 RotationAs 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.
