I am delighted to be working with a leading Lloyd's Managing Agent in their search for a Senior Compliance Analyst.
Reporting to the Head of Compliance, you will have a broad range of general compliance including financial crime and conduct risk.
Key Responsibilities:
* Support the development, implementation, and maintenance of the compliance framework across the Managing Agent.
* Monitor and interpret regulatory developments from Lloyd’s, FCA, PRA, and other relevant bodies, advising stakeholders on implications and necessary actions.
* Contribute to periodic compliance reporting to the Board, Risk & Compliance Committee, and Lloyd’s.
* Conduct thematic reviews, compliance monitoring, and testing in line with the Compliance Monitoring Plan.
* Supporting the team with any financial crime queries, including oversight of any sanctions escalations.
* Identify, assess, and escalate compliance risks and control weaknesses, ensuring appropriate remediation plans are in place.
* Maintain accurate records of findings and ensure timely follow-up and resolution.
* Assist in maintaining and reviewing compliance policies and procedures to ensure they remain up to date and effective.
* Act as a trusted advisor to the business, providing pragmatic compliance guidance across underwriting, claims, finance, operations, and delegated authority functions.
* Support new product, distribution, or delegated authority initiatives, including due diligence and regulatory approvals.
* Deliver training and awareness sessions to promote a strong compliance culture across the organisation.
About You:
* 3+ years experience in a general compliance role in the Insurance market, preferably for a Lloyd's Managing Agent/MGA.
* A critical thinker
* A real team player that works in a collaborative manner