Compliance Manager - Insurance

JR United Kingdom; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

Join a dynamic compliance team in a growing Lloyd's broker, where your expertise in FCA compliance and financial crime prevention will be pivotal. This role offers the chance to work closely with management, ensuring adherence to regulatory requirements while fostering a culture of continual improvement. With an attractive salary of up to £90k and a flexible work schedule, this position is perfect for those looking to make a significant impact in the insurance sector. Be part of an exciting journey as you develop training programs and oversee compliance performance in a supportive environment.

Qualifications

• Demonstrable knowledge of FCA compliance and Lloyd's regulations.
• Experience in a broking or operational role within insurance.

Responsibilities

• Serve as the primary contact for compliance and financial crime support.
• Monitor compliance performance and communicate results.

Skills

FCA compliance requirements

Lloyd's market knowledge

Attention to detail

Analytical skills

Communication skills

Organisational skills

Job description

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About the Company

As a pivotal member of our compliance team, you will work closely with Group and Divisional Management, reporting directly to the COO. Your role involves providing expert compliance support, fostering a culture of continual improvement, and ensuring adherence to regulatory requirements.

Your Role

1. Serve as the primary point of contact for compliance and financial crime-related support
2. Review and manage counter-party relationships
3. Monitor compliance performance and communicate results to management
4. Review Delegated Authority agreements and advise on risk mitigation
5. Provide guidance on financial crime prevention measures
6. Act as a subject-matter expert on Lloyd's/London Market/Wholesale practices
7. Develop and deliver training programmes for staff
8. Oversee the integration of acquired firms

Requirements

To succeed, you should have demonstrable knowledge of FCA compliance requirements related to wholesale and reinsurance business, and a thorough understanding of Lloyd's, ICOBS, and SMCR regulations. Experience in a broking or operational role within an insurance brokerage, with familiarity in Lloyd's, the London market, and reinsurance sectors, is essential. You should possess excellent attention to detail, communication, analytical, and organisational skills.

What You'll Get

This role offers an exciting opportunity to be the compliance expert for a growing Lloyd's broker, with a salary up to 90k and a flexible work schedule of 3 days in the office per week.

Next Steps

If interested, click 'apply now' to submit your CV or contact us directly. If this position isn't suitable but you're exploring other opportunities, please reach out for a confidential discussion about your career.

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