Group Risk Associate

About ZegoAt Zego, we understand that traditional motor insurance holds good drivers back. It's too complicated, too expensive, and it doesn't reflect how well you actually drive. Since 2016, we have been on a mission to change that by offering the lowest priced insurance for good drivers.From van drivers and gig workers to everyday car drivers, our customers are the driving force behind everything we do. We've sold tens of millions of policies and raised over $200 million in funding and picked up numerous awards, including the Employer of The Year 2025 as awarded at The Insurance Post's Awards and we're only just getting started.Purpose of the roleWe're looking for a Group Risk Associate to join Zego's growing Risk team and play a key role in strengthening our enterprise-wide risk management framework. In this role, you'll help drive a consistent and proportionate approach to managing risk across both Zego and our Gibraltar-based insurer. Working closely with senior stakeholders, you'll support the implementation of our Group Risk Strategy, ensuring that robust governance, clear accountability, and sound decision-making underpin how we operate as a business.This is an exciting opportunity for someone with 2-5 years' experience in risk within financial services, ideally insurance, who is looking to develop their expertise within a fast-moving, tech-driven insurance company. You'll have a genuine impact on how Zego identifies, assesses, and manages risk as we continue to scale responsibly and innovate in the insurance space.Key ResponsibilitiesRisk Governance and FrameworkSupport the maintenance of the Group Risk Management Framework, including associated policies, procedures and documentationAssist in embeddingZego's Three Lines of Defence model by promoting awareness and understanding of risk management roles and responsibilities across teamsSupport  in preparation of the risk assessment, documentation, and scenario testing inputsContribute to the maintenance of the Group Risk Universe, ensuring risks are up to date, accurately categorised, and aligned with the current business activitiesRisk Identification and AssessmentTake an active role in the identification and assessment of risks across the Group through regular Risk and Control Self-Assessments (RCSAs){{:}}Insurance risk. Underwriting, reserving, and pricing adequacyFinancial risk. Capital, market, credit, and liquidity riskOperational & Regulatory risk. Conduct, IT, cyber, outsourcing, claims, financial crime, fraud, people riskActively provide support in the identification and management of Risk EventsDeliver risk workshops and thematic reviews aligned to business and regulatory priorities as part of the annual risk planHelp maintain the Group Risk Register in collaboration with the first line, and oversee the use of Zego's Group Risk and Compliance (GRC) solutionRisk Appetite and ReportingSupport the development and maintenance of risk dashboards, KRI/KCI metrics, and risk monitoring reportsHelp to prepare reports for the relevant Risk and Governance CommitteesMonitor action plans arising from assurance activitySupport documentation and escalation of incidents and control failuresAdvisory and CollaborationSupport the second line of defence by acting as a trusted partner to business teams, helping to provide constructive challenge and guidance on risk matters including conduct and regulatory riskAssist in reviewing risk considerations within new product approvals, business change projects, and third-party assessments, escalating issues or observations where appropriateHelp promote a proactive risk culture by supporting delivery of risk training and awareness sessions, and highlight conduct and regulatory risk expectationsContribute to providing timely and insightful  risk observations and  insights to support business decision making and the early identification of emerging risksContinuous ImprovementIdentify and implement improvements to risk processes, data quality, and reporting efficiencyDrive AI and automation initiatives to develop smarter risk metrics and strengthen integration of data into risk systems to enhance and optimise risk management practicesWhat you'll need to be successfulExperience{{:}} 2-5 years' experience in Enterprise or Operational Risk, ideally within insurance or financial services.
Technical{{:}} Strong analytical skills, Excel/PowerBI proficiency, familiarity with GRC tools.
Knowledge{{:}} Understanding of the Three Lines of Defence model, risk management practices that support Solvency II, and ORSA requirements.
Behavioural{{:}} Detail-oriented, proactive, collaborative, and accountableWhat's it like to work at Zego?Zego has a truly international and inclusive team, unified by great ideas and collaborative thoughtfulness. Our people are the most important part of our story and everyone plays an essential role in our journey. We look for people who have expertise, enthusiasm and who are motivated by change. There's plenty of room to learn and grow, as part of our ongoing training programmes or directly from other experts. You'll work alongside a talented group of people who respect each other's differences and seek to understand fresh perspectives.How we workWe believe that teams work better when they have time to collaborate and space to get things done. We call it Zego Hybrid!We foster a flexible approach that empowers every Zegon to perform at their best. We ask you to spend up to 3 days a week in our central London office. We cover the costs for all company-wide events (3 per year), and also provide a separate hybrid contribution to help pay towards other travel costs. We think it's a good mix of collaborative face time and flexible home-working, setting us up to achieve the right balance between work and life.Our approach to AIWe believe in the power of AI to meaningfully improve how we work - helping us move faster, think differently, and focus on what matters most. At Zego, we encourage people to stay curious and intentional about how AI is leveraged in their work and teams to drive practical impact every day. This is your chance to do the most meaningful work of your career - and we'll provide you with the tools, support, and freedom to do it well.BenefitsWe reward our people well. Join us and you'll get a market-competitive salary, private medical insurance, company share options, generous holiday allowance, and a whole lot of wellbeing benefits. And that's just for starters.We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, marital status, or disability status. If you need any support with your application please get in touch with us on people@zego.com 1 Hybrid