About the role
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
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