Insurance Risk Analyst

About Us: At Booking.com, data drives our decisions. Technology is at our core. And innovation is everywhere. But our company is more than datasets, lines of code or A/B tests. We’re the thrill of the first night in a new place. The excitement of the next morning. The friends you encounter. The journeys you take. The sights you see. And the memories you make. Through our products, partners and people, we make it easier for everyone to experience the world.SummaryJoin one of the world’s leading travel insurance providers and help shape how we price and manage risk across our flexibility, protection and insurance products. In this role, you’ll apply your actuarial expertise to understand customer behaviour, assess product performance and risk profile, and guide data-driven and risk-based decisions that impact millions of travellers.You’ll work closely with colleagues across data, commercial, and finance—bringing together technical insight and commercial thinking in a fast-paced, collaborative environment. It’s an opportunity to apply your insurance background in a new context, with real influence and meaningful outcomes.Role Description:We're looking for an experienced Insurance Risk Analyst who will help lead the risk coordination for all our protection products globally to ensure they scale safely, consistently, and in line with risk appetite. They will act as the day-to-day owner of cross-functional risk management to enable the safe scaling and running of protection products including governance and exposure tracking.Key ResponsibilitiesProduct Scaling SupportAct as the embedded risk lead for new product launches and commercial scalingTranslate legal, tax, and compliance requirements into actionable product rules and flowsCoordinate go-to-market risk deliverables (e.g. eligibility, pricing guardrails, control steps)Identify and pre-empt risks that could delay launches or create exposureCross-Functional OwnershipServe as the primary Risk liaison across Commercial, Product, Legal, Finance, Compliance, and OpsDrive alignment on approvals, risk ownership, escalation paths, and defensible decision-makingSupport international expansion and partner onboarding from a risk and compliance perspectiveEnsure operational processes reflect risk decisions and are traceable across systems and teamsProduct Risk OversightOwn the implementation of product-level risk appetite, limits, and monitoring logicMaintain visibility of in-life exposure, control performance, and risk indicatorsFlag emerging risks and coordinate mitigations or escalations where neededRepresent the second line in ongoing product operations and change processesGovernance & MonitoringMaintain risk appetite statements, thresholds, and control mapsTrack key risk metrics (claims, cancellations, limits) and surface variances or breachesLead and document incident reviews, remediation actions, and post-launch health checksSupport risk governance forums and working groups with structured inputs and updatesReporting & DocumentationPrepare inputs for dashboards, steering packs, and audit requestsMaintain a traceable log of product changes, risk sign-offs, and decisionsEnsure governance materials (SLAs, eligibility, pricing assumptions) are complete and currentContribute to scalable risk documentation practices for future product linesReinsurance & Capital StrategySupport the Insurance Risk Manager in the design and implementation of risk transfer strategyIncludes engagement with reinsurance brokers, reinsurers and internal stakeholders such as financeStakeholder EngagementSupport team interactions with key functions such as Product, Finance, Legal, and ComplianceHelp prepare inputs for stakeholder updates, working sessions, and governance forumsAssist in summarising risk findings, decisions, and open issues for internal communicationsBuild confidence engaging with cross-functional teams through clear, well-prepared contributionsLearning & GrowthBuild core skills in risk analysis, exposure monitoring, and product governanceContribute to well-scoped workstreams under the guidance of more senior team membersGain exposure to product launches, risk reviews, and cross-functional coordinationLearn from a supportive team environment with access to hands-on coaching and development opportunitiesRequirements Of Special Knowledge/skillsRisk ManagementExposure to reinsurance or risk financing is a plusSupports data prep and research for safe scaling and monitoringProcess & GovernanceDetail-oriented; supports documentation and QAAssists in maintaining control logs and governance recordsCross-Market ExposureInterest in learning global market practicesAble to research and summarise differences in local normsCommunication & InfluenceComfortable presenting to risk and commercial audiencesDeveloping confidence in stakeholder interactions and narrative buildingOwnership & ImpactTakes initiative within defined workstreamsSeeks ownership of distinct deliverables and development opportunitiesMindset & BehavioursCurious, eager to grow, and proactive in upskillingBrings energy and structure to problem-solvingComfortable in a scaling, fast-evolving teamEducation and Knowledge4- 7 years in an analytical role, ideally in insurance, compliance or risk modellingExperience with protection, assistance or high-volume claim products a plusBachelor's degreeBenefits & Perks - Global Impact, Personal Relevance:Booking.com’s total rewards philosophy is not only about compensation but also about benefits. Our rewards are aimed at making it easier for you to experience all that life has to offer — all the messy, beautiful, and joyful bits — on your terms. So you can focus on what really matters. We offer competitive compensation as well as thoughtful, valuable, and even fun benefits which include:A great, brand new office to in the heart of Amsterdam29 days’ paid holiday plus bank holidays On-site meals, coffee, and snacks, including healthy and vegan optionsHealth & well-being benefits such as mental health support, access to health insurance, etc.Employer contribution pension Industry-leading parental leave and adoption leave From day one of your employment with us, we offer 22 weeks’ fully paid leave for all new parents, regardless of gender or the way you become a parentGreat discounts on accommodation, car rentals and other group benefits Carer’s leave. 10 days’ fully paid leave per year for colleagues who are caring for ill family members.Hybrid Working (NL): We believe in office attendance at least 40% of your time whilst empowering you with the flexibility to plan where to do your best workInclusion at Booking.com: Inclusion has been a core part of our company culture since day one. This ongoing journey starts with our very own employees, who represent over 140 nationalities and a wide range of ethnic and social backgrounds, genders and sexual orientations.Take it from our Chief People Officer, Paulo Pisano: “At Booking.com, the diversity of our people doesn’t just build an outstanding workplace, it also creates a better and more inclusive travel experience for everyone. Inclusion is at the heart of everything we do. It’s a place where you can make your mark and have a real impact in travel and tech.”We ensure that colleagues with disabilities are provided the adjustments and tools they need to participate in the job application and interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.Equal Opportunity at BookingBooking.com is proud to be an equal opportunity workplace and is an affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We strive to move well beyond traditional equal opportunity and work to create an environment that allows everyone to thrive.Pre-Employment ScreeningIf your application is successful, your personal data may be used for a pre-employment screening check by a third party as permitted by applicable law. Depending on the vacancy and applicable law, a pre-employment screening may include employment history, education and other information (such as media information) that may be necessary for determining your qualifications and suitability for the position.