Compliance Analyst - Insurance

G MASS Consulting; Greater London; On-site; GBP 42,000 - 60,000; Full time

Job summary

G MASS Consulting is seeking a Compliance Analyst to support the embedded compliance function for a Lloyd's managing agent client. The role involves day-to-day oversight, horizon scanning, and maintaining compliance frameworks and monitoring programmes.

You will work within an embedded client team and contribute to regulatory reporting and change management, ensuring alignment with Lloyd's, FCA, and PRA obligations.

Qualifications

• Experience in Lloyd's or London market compliance.
• Knowledge of FCA/PRA requirements for managing agents and syndicates.
• Experience in compliance monitoring or thematic reviews.
• Ability to produce reports, gap analyses and policy documentation.

Responsibilities

• Support the delivery of the compliance monitoring programme, including thematic reviews and control testing.
• Maintain compliance policies, procedures, and registers, ensuring they reflect current regulatory requirements.
• Assist with the preparation of compliance reports for senior management and relevant committees.
• Provide guidance to business areas on FCA, PRA, and Lloyd's regulatory obligations.
• Monitor regulatory developments and assist in assessing their impact on the business.
• Support the management of regulatory change, including gap analyses and implementation tracking.
• Assist with responses to regulatory queries, information requests, and Lloyd's Market Oversight interactions.
• Identify compliance process improvements and contribute to control environment enhancements.

Skills

Compliance experience

FCA & PRA knowledge

Lloyd's standards knowledge

Compliance monitoring

Written outputs

Microsoft 365

Tools

Microsoft 365

Compliance tools

Job description

This role supports the compliance function of a Lloyd's managing agent client, working as part of an embedded third-party team. The Compliance Analyst provides day-to-day compliance oversight, assists with regulatory horizon scanning, and contributes to the maintenance of compliance frameworks and monitoring programmes.

Key Responsibilities:

• Support the delivery of the compliance monitoring programme, including thematic reviews and control testing
• Maintain compliance policies, procedures, and registers, ensuring they reflect current regulatory requirements
• Assist with the preparation of compliance reports for senior management and relevant committees
• Provide guidance to business areas on FCA, PRA, and Lloyd's regulatory obligations
• Monitor regulatory developments and assist in assessing their impact on the business
• Support the management of regulatory change, including gap analyses and implementation tracking
• Assist with responses to regulatory queries, information requests, and Lloyd's Market Oversight interactions
• Identify compliance process improvements and contribute to control environment enhancements

This role is placed and managed by a specialist third-party managing agent. Candidates will be embedded directly into the client's team.

Requirements

• Compliance experience within the Lloyd's or London company market
• Working knowledge of FCA and PRA requirements applicable to managing agents and syndicates
• Familiarity with Lloyd's Minimum Standards and the Lloyd's compliance framework
• Experience conducting compliance monitoring or thematic reviews
• Comfortable producing clear written outputs including reports, gap analyses, and policy documentation
• Competent with Microsoft 365; experience with compliance management tools an advantage

Benefits

Competitive salary

Initial 9-month contract