Senior Compliance Analyst - (Lloyds Syndicate)
Senior Compliance Analyst - (Lloyds Syndicate)
5 days ago Be among the first 25 applicants
Direct message the job poster from EMEA Legal | in-house legal recruitment
Director at EMEA Legal in-house legal recruitment with 20+ yrs experience on hiring talented In-House Lawyers in Dublin, London, mainland EU and The…
Our client is a leading reinsurance business in search of a Senior Compliance Analyst to manage and delegate conduct risk matters for the Legal and Compliance team. This opportunity will elevate your career with a prestigious reinsurer with a dynamic team that combines data, experience, and technology to excel in Property, Casualty, Specialty, and Credit reinsurance.
Why This Role Stands Out:
– Professional Growth: Collaborate with seasoned professionals in the Legal, Regulatory & Compliance team, and work closely with the Delegated Authority and Claims teams, as well as Underwriters.
– Impactful Work: Play a crucial role in shaping and maintaining the Conduct Risk Framework, ensuring the syndicate adheres to key regulatory developments.
– Diverse Responsibilities: From product risk assessments to complaints handling, this role offers a broad spectrum of tasks that will keep you engaged and challenged.
– Leadership and Training: Provide training on Conduct Risk to the business and Senior Management, and act as a Customer Champion within the syndicate.
– Strategic Influence: Prepare the Annual Consumer Duty report for the Board and act as the Secretary to the Customer Review Committee.
Key Responsibilities:
– Perform product risk assessments for the syndicate’s portfolio.
– Monitor key regulatory developments relating to Conduct Risk and manage any impact on the syndicate.
– Maintain and enhance the Conduct Risk Framework.
– Develop and enhance Conduct Risk Management Information.
– Handle complaints for the syndicate.
– Provide training on Conduct Risk to the business and Senior Management.
– Act as a Customer Champion and consider customer outcomes in collaboration with Underwriting, Claims, Legal, and other functions.
– Prepare the Annual Consumer Duty report for the Board.
– Manage Lloyd’s Insurance Company Secondee processes for the syndicate.
– Serve as Secretary to the Customer Review Committee, maintaining papers and minutes.
– Work closely with the Delegated Authority team, managing queries and referrals relating to Conduct Risk, the Insurance Distribution Directive, Licensing, and binding authorities.
Candidate Qualifications:
– Strong knowledge of Lloyd’s and Lloyd’s Insurance Company requirements relating to Conduct Risk and the Consumer Duty with ideally 2-4yrs experience (will consider someone more senior).
– Extensive experience with binding authorities and delegated claims administrators.
– Significant experience within a Compliance or Conduct Risk team in a Managing Agent or UK insurer.
Seize this chance to make a significant impact in a role that offers both professional growth and the opportunity to work with a highly regarded reinsurer. Apply now to liam@emea.legal to embark on a rewarding career journey.
For further information, please contact Liam Taaffe at EMEA Legal Recruitment
Seniority level
* Seniority level
Associate
Employment type
* Employment type
Full-time
Job function
* Job function
Accounting/Auditing, Finance, and Legal
* Industries
Insurance and Financial Services
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