IT Risk and Assurance Analyst

As an IT Risk and Assurance Analyst at Bupa, your key responsibilities include collaborating with Information Systems teams to strengthen our organization's control measures, applying the Risk Management Framework to assess and report material risks, and delivering assurance activities for various risks such as technology failures and data protection. You will also provide critical risk management advice and refine risk reports for senior executives and boards.

To apply for the IT Risk and Assurance Analyst role at Bupa, candidates should have experience with IT strategy, project delivery, and governance frameworks. Exposure to IT risk management, alongside strong communication and report writing skills, is essential. Experience in a financial services regulatory environment will be beneficial, as well as the ability to make sound judgments based on business assessments.

Bupa is committed to the professional development of its IT Risk and Assurance Analysts, offering a range of benefits including training programs, opportunities for mentorship, and involvement in various projects that enhance your skills and career trajectory. The organization also champions diversity and inclusion, ensuring every employee has access to the resources they need to thrive.

The IT Risk and Assurance Analyst position at Bupa requires a commitment of 37.5 hours per week. The role supports hybrid working options, allowing you to work flexibly between home and the office to create a balanced work-life environment.

Bupa offers an attractive benefits package for its IT Risk and Assurance Analysts, including 25 days of holiday (which increases with service), Bupa health insurance, an enhanced pension plan, life insurance, and an annual performance-based bonus. Additionally, you will have access to various discounts and wellness programs, showcasing Bupa's commitment to employee wellbeing.

When answering this question, demonstrate your knowledge of the Risk Management Framework by outlining its components, such as risk identification, assessment, management, and reporting. Discuss how these steps are critical in aligning IT risks with business strategies, particularly in settings like Bupa where health and insurance are crucial.

Respond by detailing your previous roles working in a regulated environment, emphasizing any specific frameworks you have utilized. Talk about how you ensured compliance with governance standards, showcasing your understanding of regulations relevant to financial services and how they apply to risk management.

Explain your commitment to continuous learning by mentioning relevant sources like industry publications, webinars, and networks. Highlight any certifications or professional groups you participate in, particularly those that focus on IT risk and assurance, connecting them back to how this knowledge will benefit your role at Bupa.

Use the STAR method (Situation, Task, Action, Result) to describe a specific example. Clearly outline the risk you identified, the process you followed to address it, and the impact your actions had on the organization. This demonstrates your proactive approach and analytical capabilities relevant to the IT Risk and Assurance Analyst role.

Highlight your communication and negotiation skills by explaining how you would prioritize tasks based on business impact and urgency. Illustrate your ability to facilitate discussions among stakeholders to find common ground and achieve a resolution that supports organizational goals, a skill vital at Bupa.

Discuss your approach to tailoring risk assessments into actionable insights that can easily be understood by stakeholders with different levels of technical expertise. Emphasize the importance of clarity in reporting and how you prioritize key risks that impact decision-making, particularly in your role as an IT Risk and Assurance Analyst at Bupa.

Mention specific tools or methodologies you are familiar with, such as risk assessment software, frameworks, or best practices. Illustrate how you have employed these tools in previous roles to effectively analyze and manage risks, ensuring compliance and alignment with industry standards, such as those at Bupa.

Provide an example using the STAR method to outline your role in developing business continuity plans. Discuss the strategies employed to ensure minimal disruption and the results achieved. This aligns with the core responsibilities of the IT Risk and Assurance Analyst position at Bupa.

Share your insights about current trends and emerging threats in IT risk, such as cybersecurity vulnerabilities or data privacy issues. Link these risks back to how Bupa’s mission requires vigilance in managing them, demonstrating your understanding of the organization’s objectives.

Discuss strategies you would employ, such as conducting training sessions, creating informative materials, or fostering easy communication around risk topics. Explain why creating a proactive risk culture is essential for Bupa, reiterating how every employee has a role in identifying and mitigating risks.