Please enable JavaScript.  This webapp requires JavaScript to work at its best.

Junior Compliance Assistant

Applications for this role are now closed. View similar roles here.
The details


 Arthur are working with a Lloyds syndicate who are looking to enhance their Compliance procedures by adding a Junior Compliance Assistant to their team. This is a fantastic entry-level position for someone looking to grow within Compliance, offering great exposure to the Insurance industry.


  • Help with the drafting, implementation and embedding of such policies, procedures, processes, systems and controls as may be required to ensure compliance with all applicable regulatory requirements and, where appropriate, market best practice.
  • Assist in the allocation of regulatory reporting responsibilities (business / compliance timetable) via SharePoint and assist in the monitoring of adherence to the reporting deadlines as well as ensuring regulatory filings are made on a timely basis.
  • Assist in maintaining the overview (both in terms of completeness) of the Managing Agency’s policies and procedures (master document index) and monitor adherence to the review deadlines.
  • Assist in the review of the sanction batch screening and on-going returns from the due diligence screening tool.
  • Assist in handling sanction referrals in line with the Managing Agency’s approach. Assist in the review of the sanction batch screening and on-going returns from the due diligence screening tool.
  • Upload the active policies file (batch) issued by IT to the sanction screening tool.
  • Contribute to the reviewing the sanctions and embargoes high-risk country list.
  • Assist in the adherence to the firm’s prescribed responsibility of its obligations under the outsourcing part of the PRA Rulebook
  • Assist in organising the Managing Agency’s Board and Committee meetings as appropriate and in accordance with the Compliance Analyst
  • Contribute to the annual review and assessment of the Managing Agency Board’s performance and effectiveness.
  • Assist in other Governance matters or projects as appropriate and in accordance with the Compliance Analyst
  • Keep up to date with market bulletins / regulatory articles in order to manage the agency’s horizon scanning
  • Assist in advising the business on compliance related queries as well as design and provide training as appropriate
  • Assist in the implementation and maintenance of TOBAs as required
  • Assist the independent review process in terms of compliance related queries and provide compliance commentary on all classes of business
  • Assist with internal audit as applicable
  • Assist with data related queries alongside the Data Protection Officer

 General Skills

  • Planning – Ability to manage time effectively by prioritising own workload to ensure deadlines are adhered and planning ahead accordingly
  • Communication – Able to construct effective and accurate written communications including letters, faxes, emails and reports
  • Interpersonal – Build and manage internal and external relationships utilising negotiation and influencing skills
  • Decision Making – Be able to apply own judgement and experience when making decisions or referring the decision to the appropriate person when it falls outside own role, authority, knowledge and experience
  • Organisational – Highly organised with the ability to meet the demands of both internal and external ‘customers,’ understand their needs and act promptly in response to requests and keep ‘customers’ regularly updated
  • Problem Solving – Ability to solve problems promptly and efficiently
  • Data Analysis – Able to analyse data and reach conclusions, including management information
  • File and Data Management – Able to keep accurate records in an efficient manner in accordance with internal policies and procedures Service Standards – Ability to provide a high level or service, meeting business standards and Agency targets 

IT Skills

  • Microsoft Systems - Word, Excel and Outlook
  • Data Entry - Accurate keyboard and data input skills
  • In-house Systems – OpenBox, Access, Cascade, Document Repository System, Thomson Reuters, ClauseMatch, Skillcast
Applications Closed