Trainee Financial & Insurance Risk Specialist

  • Job Reference: MF950
  • Date Posted: 28 November 2022
  • Recruiter: McKenzie Fox
  • Location: Douglas
  • Salary: On Application
  • Sector: Accountancy, Life Assurance / Insurance, Legal / Compliance / Risk
  • Job Type: Permanent
  • Work Hours: Full Time
  • Contact: McKenzie Fox
  • Email:
  • Telephone: 01624 698900

Job Description


An exciting opportunity is currently available for a Financial & Insurance Risk Trainee within our client’s Risk, Legal and Compliance department.

The successful candidate will have specific responsibility for learning how to oversee and challenge capital management, credit, market, and liquidity risk management and supporting the preparation of Group Own Risk and Solvency Assessment (ORSA) in close collaboration with Finance and Actuarial.


Support with ensuring the Group operates within an appropriate and agreed risk management framework.

Support with writing accurate, clear, and concise reports, including the ORSA report.

Work closely with Line 1, particularly Finance and Actuarial.

Support with the annual review process for Risk policies with the relevant stakeholders.

Ensuring the risk management framework remains fit for purpose and is sufficiently embedded across the Group.

Supporting the operation of the ORSA, risk management and governance frameworks to determine and manage capital needs.


Part qualified ACA Chartered Accountant or an individual looking to commence or further accountancy training.

Prior experience in the insurance industry is an advantage.

Enjoys new challenges, embraces change, and can provide flexible support to the wider team and business.

Self-starter with an enquiring and investigative mind with a desire to understand the processes, controls and implications of process and control failures of the business.

To discuss this role further please email your CV to or call us on 01624 698900 quoting reference MF950.