Graduate Risk Associate UK 2022

Marsh is a leader in insurance broking and innovative risk management solutions, we help clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk with over 35,000 colleagues operating in more than 130 countries.

The role

Our UK Corporate operations team has an exciting new opportunity to support the UK Corporate Executive in the delivery of its risk management responsibilities through the provision of risk and control advice and challenge.

This is an integral role for the business and a crucial component of Marsh UK’s new 3 Lines of Defence Model.

As the UK Corporate Risk Associate you will have regular exposure to the UK Corporate Executive Teams, be responsible for ensuring the practices regularly review, and document, their risk exposures and work closely with the Marsh UK Risk Function to ensure compliance with the Groups’ Enterprise Risk Management Framework.  In doing so, you will be the central risk management point of contact for each of the Regional Corporate Areas and Specialist Practices.

What can you expect?

• The UK Corporate Operations Team provide a friendly, supportive and welcoming environment with a ‘can do’ attitude and colleague focused culture;
• Operationally the role is designed to be a hybrid of office based/remote working, in line with business needs;
• You will have the opportunity to develop both your interpersonal, and technical, skill set with a mentoring programme to support your journey within the role;
• You will develop an extensive network across the Executive and colleague community with liaison with other segments, including Marsh Commercial.
• Opportunity for extended learning through the Institute of Risk Management.

What will you be rewarded with?

• Competitive Benefits Package including: 27 days annual leave, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more.
• Generous Family Leave including:  6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options.  To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary.

We will rely on you to

• Support the UK Corporate Chief Operating Officer ‘COO’ in developing a robust risk and control framework, providing the UK Corporate CEO, and Executive team,  with insight and analysis to support them in the achievement of their business objectives;
• Work with UK Corporate Executive teams to identify, document, monitor and manage the risks and controls within their business;
• Work with the Marsh UK Risk Function, as UK Corporate’s central contact point, in the delivery, and embedding, of the Marsh UK Enterprise Risk Management Framework.
• Work with the UK Corporate Executive team to articulate and monitor its risk appetite working to identify key mitigating actions and deliverables. ;
• Manage and maintain the business areas Risk & Control Assessment process (RACA);
• Produce regular risk reporting for UK Corporate Executives, supporting them in conscious risk based decision making, and the development of business planning;
• Ensure that incidents, losses and near misses are appropriately escalated and notified, and undertake effective root-cause analysis on material incidents, losses and near misses;
• Support Senior Management to ensure risk is considered in; new product and service development, business and organisational change projects and the business planning process
• Manage the UK Corporate Conduct Risk Reporting process, engaging with the UK Corporate COO, Senior People Partner and Risk and Compliance in the production of Executive reports;
• Attend and present at Regional or Practice Meeting regarding their risks when required.

What you need to have

• Strong communication skills, both written and verbal, in order to communicate effectively with a wide range of stakeholders e.g. Regional Directors and Practice Leaders along with other business areas such as HR, Risk, Compliance and Legal;
• Excellent interpersonal skills, incorporating a positive can-do attitude;
• Task prioritisation and analysis skills;;
• Proficiency in Microsoft Office Applications (Word, PowerPoint, Outlook, etc.) and preferably the Risk Manager Database (not a mandatory requirement though).

What makes you stand out

• A business degree ideally Risk focus or with a Risk element to it
• Good user of PowerPoint, Excel, etc.
• Logical, solutions orientated, decision making;
• Strong interpersonal skills

Marsh

Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US $17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.

Marsh and McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, and gender identity.