Compliance Manager / Compliance Business Partner

Lloyd's; Camden Town; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance brokerage in Camden Town is seeking a compliance expert to enhance operations and support teams with compliance solutions. You will lead regulatory training and ensure alignment with FCA requirements while advising on compliance matters relevant to the London Market. Ideal candidates will have a strong background in insurance broking and knowledge of compliance frameworks.

Qualifications

• Candidates must have a strong commercial/operations background.
• Experience in an insurance broking or operations role is necessary.
• Knowledge of ICOBS and SMCR is advantageous.

Responsibilities

• Act as a subject matter expert on Lloyd's market processes.
• Provide compliance guidance to the business teams.
• Review and monitor Delegated Authority Agreements.

Skills

Knowledge of FCA compliance frameworks

Understanding of London Market practices

Ability to apply regulation in a risk-sensitive manner

Education

CII or ICA accreditation (or equivalent)

Job description

This is an exciting opportunity to build and refine a newly created role, working closely with senior management and business teams to create a culture of continual improvement and customer-first outcomes. The primary focus of the BP role is to build relationships with the business to become a trusted advisor, be able to influence and overcome challenges.

Candidates must be from a Lloyd's/ Broking background with strong commercial / operation experience.

Key Duties:

• Act as a subject matter expert on Lloyd's market processes and requirements, providing guidance and expertise to the wider business.
• Demonstrate a strong understanding of wholesale and London Market practices and their impact on compliance and regulatory requirements.
• Act as the initial point of contact for compliance advice, supporting teams with practical, business-friendly compliance solutions.
• Review and monitor Delegated Authority Agreements, advise on potential E&O circumstances, and conduct root cause analysis.
• Maintain and enhance compliance policies, ensuring continued alignment with FCA requirements.
• Design and deliver onboarding, refresher, and regulatory training for staff at all levels.
• Support acquired firms through compliance migrations, addressing due diligence findings and embedding the compliance culture.

Key Requirements:

• Strong knowledge of FCA compliance frameworks, particularly in relation to wholesale and reinsurance businesses.
• Familiarity with ICOBS, SMCR, and wider regulatory obligations within a broking context.
• Solid working knowledge of the London Market, including Lloyd's processes and coverholder frameworks.
• Prior experience in an insurance broking or operations role, with direct exposure to compliance tasks.
• Capable of applying regulation in a commercially aware and risk-sensitive manner
• Professional Qualifications: Holding or working towards CII or ICA accreditation (or equivalent) is beneficial.

Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.