Compliance Assistant

Chaucer Underwriting Services Limited; Greater London; On-site; GBP 45,000 - 65,000; Full time

Job summary

Chaucer Underwriting Services Limited seeks a compliance professional to support the group’s regulatory framework across UK and Lloyd’s jurisdictions. The role focuses on horizon scanning, impact assessments, and translating regulatory developments into concrete business actions.

You will help maintain timetables, coordinate regulatory returns, and assist with the Senior Managers and Certification Regime processes while liaising with regulators and stakeholders across the Chaucer group.

Qualifications

• Experience in the UK insurance regulatory framework (PRA/FCA)
• Ability to manage regulatory horizon scanning and translate developments into actions
• Strong organisational skills with ability to coordinate multiple regulatory activities

Responsibilities

• Support regulatory horizon scanning and impact assessments
• Maintain regulatory timetables and coordinate returns and attestations
• Assist in administration of Senior Managers and Certification Regime processes

Skills

Insurance industry

UK regulatory knowledge

Stakeholder communication

MS Office

Education

A levels

ACII studies

Tools

Microsoft Office

Job description

Job Profile Summary

This role supports the Compliance team in maintaining and enhancing the compliance framework across the jurisdictions in which the Group operates. The position plays a key role in delivering the regulatory compliance programme, ensuring the business remains compliant with applicable legal and regulatory requirements while supporting a culture of governance and ethical conduct.

Job Description

Support regulatory horizon scanning, impact assessments and the translation of regulatory developments into clear business actions. Maintain compliance timetables and coordinate the accurate and timely completion of regulatory applications, returns, attestations and information requests. Support the Compliance function in monitoring and assessing compliance with applicable UK, Lloyd’s, EU and overseas insurance regulatory requirements across the Chaucer group. Contribute to the development, implementation and periodic review of the Compliance Plan, Compliance Policy and related policies, procedures, standards, records and systems. Assist in the administration of the Senior Managers and Certification Regime, including certification processes and the maintenance of Management Responsibilities Maps. To assist with the coordination of Chaucer’s Principles-Based Oversight attestation for Lloyd’s. Assist with regulatory licensing applications and other international regulatory assessments, returns and projects. Maintain effective regulatory communications and records, liaising with Lloyd’s, regulators and business stakeholders as required. Support the Compliance function’s annual risk assessment and provide regulatory advice, communications and training to colleagues across the business.

Skills and Competencies

Experience within the insurance industry, preferably in the London market or a Lloyd’s managing agency environment. Good working knowledge of the UK insurance regulatory framework, including PRA and FCA requirements. Excellent organisational and planning skills, with the ability to manage competing priorities and deliver to deadlines. Excellent written and verbal communication skills, with the ability to communicate effectively with stakeholders at all levels. Attention to detail and a commitment to maintaining high standards of accuracy. Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint. A proactive, collaborative, and solutions-focused approach to work.

Education

3 A levels or equivalent

Desirable

Educated to degree level or equivalent ACII qualified or studying towards

Personal Attributes

Demonstrates integrity, professionalism, and sound judgement. Builds effective working relationships and collaborates positively across teams. Takes ownership of responsibilities and delivers high-quality work. Adapts positively to change and works effectively in a fast-paced environment. Demonstrates curiosity and a commitment to continuous learning and professional development.

ABOUT US

Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups. Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website. Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment. We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process. Chaucer are a leading specialty (re)insurance group working with brokers, coverholders and clients to protect and support business activities around the world. Our services are accessed both through Lloyd’s of London and the company markets. We are defined by an enterprising, bespoke approach to (re)insurance, enabled by the individual character, experience and imagination of our expert teams. Chaucer is a member of the China Re Group and backed by their financial and operational resources. China Re is one of the world’s largest reinsurance companies whose outstanding and comprehensive strength is rated A (excellent) by AM Best and A (strong) by S&P Global Rating. Chaucergroup.com