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Compliance Officer - London Market Insurance

The details


The role
Reporting to the Head of UK Compliance, the role represents an exciting opportunity to learn about Compliance and become involved in all aspect of Compliance within an insurance company.
Key accountabilities
Your responsibilities for this role may include, but are not limited to supporting the Compliance team in relation to:

  • Clearing financial crime and sanctions screening alerts, on a daily basis.
  • Reviewing regulatory and commercial developments and providing updates to the team.
  • Responding to queries and providing guidance to the business, including the completion of due diligence requests.
  • Dealing with international licensing queries, alerts, renewals and monitoring.
  • Undertaking the annual review of policies, procedures and guidance documents.
  • Performance of second line Compliance Monitoring activities, such as Gifts and Entertainment monitoring.
  • Assisting in the planning and completion of key and ad hoc projects.
  • Responding to Broker TOBA requests, answering queries and drafting be-spoke TOBA clauses.
  • Responsibility for filing TOBAs and maintaining and developing the TOBA database.
  • Responsible for coordinating and completing regulatory returns.
  • The preparation and collation of board papers and meeting packs.
  • Maintain an awareness and appreciation of team members' day to day activities to support and provide assistance at all times
  • All matters undertaken by the compliance team in supporting the Compliance Plan and Objectives

Skills & experience
Essential skills, knowledge and experience

  • Compliance experience in the London Insurance market, knowledge of sanction regimes and international licensing is essential.
  • Strong written and spoken communication skills to enable communication at all levels.
  • Strong analytical, research and reporting skills.
  • Ability to handle a varied workload and competing priorities.
  • Proficiency in Microsoft Word and Excel.
  • Willingness to work extended hours as required.

Preferred skills, knowledge and experience

  • Knowledge of the regulatory landscape for London Market insurers.
  • Proficiency in Power Point.
  • NAIC reporting
  • Experience in taking minutes.

Competencies and behaviours

  • Analytical with a strong attention to detail
  • Ability to support success and timely delivery in a complex, multi-disciplinary environment
  • Has personal drive and resilience in established and new/changing situations
  • Uses ‘lessons learned’ and ‘what works well’
  • A team player with strong interest in the performance of the business as a whole
  • Commercially savvy, bright, energetic and positive with a ‘can do’ attitude
  • Professionalism and strong personal integrity

Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.

  • Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
  • Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
  • Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution
  • Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
  • Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.


Get in touch

Apply for this role.

Apply for this role by sending us your CV today.
By phone
0203 5877 234

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