Compliance Analyst

Atrium; Greater London; On-site; GBP 26,000 - 34,000; Full time

Benefits offered by this job

Flexible working arrangements

Equal opportunities employer

Job summary

Atrium, a Lloyd’s insurer, is seeking an entry-level Compliance Analyst to support the compliance function and promote a proportionate culture of compliance across the business. This role offers exposure to monitoring, regulatory requirements, and interaction with multiple teams.

You will work under the Compliance Team, maintain monitoring framework, assist with sanctions screening, AML checks, and reporting to the Board. Atrium emphasizes flexible working and equal opportunities.

Qualifications

• Knowledge of financial crime requirements applicable to UK and US financial services firms.
• Ability to learn regulatory standards including FCA Handbook, Lloyd’s Byelaws, Regulations and Codes of Conduct.
• Willingness to support Compliance Team and communicate with internal and external stakeholders.

Responsibilities

• Maintain the compliance monitoring framework and report findings.
• Assist with financial crime checks and risk management.
• Support complaints handling procedures and conduct risk policy.
• Provide guidance to syndicate, agency units and overseas offices on regulatory matters.

Skills

Financial crime knowledge

Regulatory knowledge

Learning ability

Job description

In a world of constant change, you need an insurer who has stood the test of time. Our reputation is built on consistency, expertise, and a client-first approach.

We manage Syndicate 609, one of the oldest syndicates at Lloyd’s, and Syndicate 2026 which launched at 1/1. With a proud history going back to the 1930s our longevity reflects the strength of our underwriting discipline, the depth of our relationships, and our ability to adapt to the evolving needs of our clients and the wider insurance marketplace.

We’re all in it together at Atrium

We are committed to creating an environment where people learn, grow, and follow what they’re passionate about. Our culture encourages staff to feel confident in making decisions at any stage of their career and do work that makes them proud, knowing they’re playing a valuable role in shaping the success of the business.

Role

This an exciting entry level opportunity for a Compliance Analyst to join Atrium to support with managing the compliance function and advocating for proportionate culture of compliance across the business.

Description

Compliance - Monitoring Framework

• Under the direction of the Compliance Team, maintaining an effective compliance monitoring framework including: documentation of the framework; performance of monitoring work; reporting and escalation of findings; identification and implementation of enhancements.
• Assisting other members of the Compliance Team in the performance of financial crime checks (including sanctions screening and Anti Money Laundering checks) and in the management of financial crime risk.
• Assisting other members of the Compliance Team in ensuring compliance with Atrium’s complaints handling procedures and Conduct Risk policy.
• Providing support and guidance to the Syndicate and Agency business units and to the overseas offices on regulatory and compliance matters (such as licensing, financial sanctions and conduct risk-related queries) as and when they arise.

General Compliance Duties

• Ensuring that policies, procedures and control systems are designed, implemented, communicated and in place for the purpose of achieving compliance with all relevant Lloyd’s and external regulatory requirements, and that adherence to these is monitored.
• Contribute to reporting on Compliance matters to the Board and relevant Committees.

Team Administration

• Assisting members of the Compliance Team with the administration and management of the Annual Compliance Workplan.
• Assisting members of the Compliance Team in the maintenance and development of systems used by the team, including the Compliance section on the Company Intranet and ensuring that key information is kept up to date.
• Assisting other members of the Compliance Team in the management and development of the automated Compliance Reporting Timetable, with responsibility for monitoring adherence to reporting deadlines and reporting of upcoming and missed deadlines.
• Assisting in the facilitation of Compliance Team meetings through management of the agenda and other items

Third Party Relationships

• Liaising with external parties (such as Lloyd’s, the Financial Conduct Authority (FCA), Prudential Regulatory Authority (PRA), Lloyd’s brokers, other Managing Agents, and external service providers) on compliance and regulatory matters as directed by members of the Compliance Team, conducting any such communication in a professional manner.
• To undertake ad-hoc work as may be requested from time to time by members of the Compliance Team, or other Senior Management.
• Will be accountable for delivering good consumer outcomes within their areas of responsibility, in line with the SM&CR Duty of Responsibility and the Conduct Rules

Required knowledge and skills

Knowledge of financial crime requirements applicable to UK and US financial services firms.

Ability to learn knowledge relevant to the role in the following areas:

• Relevant provisions of FCA Handbook, Lloyd’s Byelaws, Regulations and Codes of Conduct and all other relevant external regulatory requirements.
• Compliance issues facing Lloyd’s managing agencies
• Insurance and reinsurance in the Lloyd’s and London market
• The standards and rules set out in the firm’s standards documents

Atrium offers all permanent employees the chance to work flexibly through our charter for flexible working - we actively invite applications from candidates requiring any form of flexible working arrangements.

Atrium is an Equal Opportunities employer with a strong and passionate commitment to Diversity, Equity, and Inclusion. Atrium actively invites applications from candidates requiring any form of flexible working arrangements.

We do not discriminate based upon age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation, or any other applicable legally protected characteristic.

We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please get in touch.