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Senior Compliance Analyst

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The details


Job: Senior Compliance Analyst
Location: London/Hybrid
Salary: £50,000 - £60,000


The purpose of this position is to support the Compliance Officer, the wider Risk Management & Compliance Support Department and Board of Management team in advising the business and delivering key legal and regulatory obligations to ensure the business continues to meet its legal and regulatory requirements and effectively manages risk within the business risk appetite.  


  • Guide and assist the business in delivering the correct outcomes for our clients and key stakeholders whilst ensuring the correct balance is struck
  • Assist the Compliance Officer with identifying, analysing and responding to regulatory change;
  • Work with the Compliance Officer and the business to successfully implement and provide ongoing monitoring of legal and regulatory developments;
  • Compile and deliver compliance training to the business
  • Draft and maintain policies and procedures;
  • Assist with the oversight of the Line One file review process, manage action points arising, oversee drafting of action points;
  • Assist the Compliance Officer with scoping and compiling the annual compliance plan.  Assist the Compliance & Risk Manager in delivering compliance monitoring reviews (business unit and thematic) as outlined in the plan;
  • Assist the business as and when required with resolving Line 2 and Line 3 audit action points.
  • Assist the Compliance Officer in managing the Fit and Proper Framework;
  • Assist the Compliance Officer in managing the risk register;
  • Assist with production of monthly internal reports to Committees of the Board of Management, as well as external reports to key stakeholders;
  • Provide support to other members of the RMCS team as and when needed;
  • Attend market conferences as required to include Lloyd's, LIIBA 
  • Complete allocated tasks outlined in the Annual Compliance Plan.
  • To embrace and actively implement the core principles of Continuous Conversations; (Commitments, Feedback and Development) as part of daily activities and with other colleagues;
  • Take ownership of and make personal and professional development a priority as part of Continuous Conversations;
  • In line with Continuous Conversations, establish and achieve development aspirations and needs through the setting of commitments and giving and receiving frequent, constructive feedback (referring to resources provided for support);
  • To abide by the policies and procedures 

Key Skills and Experience

  • Experience of financial services regulation and operating in a regulated environment is essential, preferably within an insurance broker or insurance company;
  • An understanding of the insurance market and placing process, in particular Lloyd’s of London and binding authorities is essential;
  • Experience with US surplus lines business is preferred but not essential;
  • Good working knowledge of the FCA handbook is essential;
  • Excellent interpersonal and communication skills;
  • Ability to compile, analyse and interpret information as well as present findings to facilitate decision making;
  • Ability to undertake research and investigations and agree resolutions between parties with conflicting interests;
  • Ability to translate regulatory requirements into proportionate policies and procedures;
  • Ability to deliver complex tasks, projects and agreed outcomes on time;
  • Able to work effectively both within a team and individually;
  • Conscientious, positive attitude and self-motivated, with a good eye for detail;
  • Excellent organisational skills;
  • Insurance related qualifications would be advantageous but not essential; and
  • Good working knowledge of Microsoft products.

Applications Closed