Legal and Compliance Analyst

HDI Global SE; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

HDI Global SE is seeking a skilled Legal and Compliance Analyst to join their Toronto branch. The role involves managing compliance tasks, monitoring legislation, and liaising with regulatory authorities. Candidates must have a legal studies degree and at least 4 years of relevant experience, with knowledge of insurance law being a valuable asset.

Qualifications

• 4+ years of experience in a legal and compliance environment.
• Fluency in French considered an asset.
• Knowledge of insurance contract law is a plus.

Responsibilities

• Assist in managing local compliance tasks.
• Monitor relevant legislation and case law.
• Draft compliance reports for Home Office.

Skills

Strong communication

Negotiation skills

Analytical skills

Education

Bachelor’s degree in legal studies or equivalent

Compliance and Risk Management certifications

Job description

We seek an experienced (4+ years) Legal and Compliance Analyst professional to join our Branch’s Legal and Compliance Department. Reporting to the Head of Legal and Compliance of the Branch the individual would be responsible for various Legal and Compliance matters as described in further detail below.

Your Responsibilities

Assist in managing our local compliance tasks with the Head of Legal and Compliance, including matters

relating to :

Single Risk and Delegated Authority underwriting

Intermediaries, agencies and business partners

Bribery / conflicts of interest

Complaints and other market conduct activities / reports

Monitor relevant legislation and case law in Canada; assist in developing compliance plans for new / changing legislation

Support the implementation of OSFI regulatory compliance management requirements in accordance with Guideline E13

Integration of Home Office processes and guidelines at the local level

Ongoing preventative compliance work including training and awareness

Draft compliance reports for Home Office including risk analysis, regulatory monitoring, breach reporting, and updates on compliance activities

Compliance monitoring including spot audits of various compliance matters such as sanctions screening and policy documentation

Monitoring of Delegated Authority Managing General Agents (“MGAs”) and Third-Party Administrators (“TPAs”) for compliance with our Canadian Branch’s requirements

Assist in implementing Quebec Bill 96 and French Language requirements at our Canadian Branch

Correspond with OSFI and other territorial and provincial regulators including reporting, ad hoc requests, license renewals, etc.

Track and document Canadian Branch’s complaints and collaborate with the head of Legal and Compliance to respond to complaints in accordance with internal policies

Oversee and manage privacy matters for HSCB in coordination with the Talanx Data Protection Team

Liaise and collaborate with the global Compliance Team at Home Office and other HDI branches

Report to and support the head of Legal and Compliance of our Canadian Branch

Qualifications

Bachelor’s degree in legal studies or equivalent certification and licensed as a paralegal and in good standing with the Law Society of Ontario

Compliance and Risk Management certifications are considered an asset

French fluency considered an asset

4+ years of experience in a legal and compliance, corporate or financial environment

Knowledge of insurance contract law and insurance distribution law considered an asset

Experience working with Canadian regulatory authorities

Experience implementing a regulatory compliance framework within an institution

Knowledge of Canadian, German, UK and / or other European legal systems considered an asset

Experience in international primary insurance is an asset

Prior experience in Risk Management for an insurance company considered an asset

High degree of integrity

Strong understanding of the law, legal methodology and legal principles

Willingness to familiarise oneself with new topics and legal challenges

Strong communication, interpersonal, presentation and negotiation skills

Ability to work in a structured and independent manner

High attention to details and excellent analytical skills

Willingness to collaborate with an international team

If you are team-oriented, dynamic, and ready to take on challenges, please contact us. We would love to hear from you!

Thank you to all candidates for your interest. Regretfully only those selected for interviews will be contacted.

HDI Global SE delivers a comprehensive service-based offering to the commercial and specialty insurance markets. Our strategy is to create sustainable growth and build a robust company that operates successfully worldwide. Our highly competent team is committed to delivering market-leading insurance solutions.

We are part of the Talanx Group, one of the major European insurance groups, with insurance revenue of EUR 48.1 (2024), and more than 120 years of experience in industrial insurance. HDI Global SE operates in more than 175 countries across the globe with 5000+ employees worldwide. Financial strength ratings : AM Best A+ (Stable), Standard & Poors AA- (Very Strong, Outlook Stable).

At HDI we offer our employees all of the advantages of an international company by providing an exceptional, modern working environment that challenges and rewards. We promote high levels of internal and external communication and we concentrate on achieving our goals through our corporate values of Together, Ownership and Performance. We offer you the opportunity to contribute your own ideas and actively become involved in shaping the future of our company.

Privacy

for information on how we may collect, use or disclose your personal information

Accessibility

HDI Canada Branch welcomes and encourages applications from people with disabilities. Accommodations are

available on request for candidates taking part in all aspects of the selection process.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Legal

Insurance

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