Compliance Specialist

Harrison Holgate; London; On-site; GBP 45,000 - 70,000; Full time

Job summary

A leading Lloyd's Insurance Broker is seeking a Compliance Specialist to join their team in London. This role offers a chance to impact regulatory projects, policy development, and compliance initiatives within a vibrant organization. Ideal for a compliance professional looking to advance their career in a dynamic environment.

Qualifications

• Proven compliance experience in the insurance market.
• Strong knowledge of relevant legislation and regulation.
• Familiarity with Lloyd’s and the London Insurance Market.

Responsibilities

• Identify and communicate upcoming regulatory changes.
• Support the creation and maintenance of compliance standards.
• Manage Insurer Security and Third Parties Committees.

Skills

Compliance experience

Problem-solving

Understanding of broking and underwriting

Knowledge of legislation and regulation

Tools

Excel

Word

Smartsheets

Job description

Join a Specialist Lloyd's Insurance Broker as a Compliance Specialist

This role offers a diverse array of responsibilities and is an exciting opportunity to make a significant impact within a forward-thinking organization.

Key Responsibilities:

1. Regulatory Projects: Identify and communicate upcoming regulatory changes, develop responsive policies, and integrate process changes.
2. Business/Culture Support: Act as the compliance representative at Pillar Excoms, conduct risk assessments on trading partners, and enhance business controls.
3. Policy Development: Support the creation and maintenance of compliance standards, policies, and procedures.
4. Committee Coordination: Manage the Insurer Security, Third Parties, and Product Governance Committees, including risk assessments and reporting.
5. Training and Communication: Provide regulatory updates, develop compliance tools, and collaborate with the Marketing team on communications.
6. Legal Document Review: Assist in negotiating TOBAs, NDAs, and other legal documents.

Skills and Experience Required:

• Proven compliance experience in the insurance market.
• Commercially pragmatic approach to problem-solving in a fast-paced environment.
• Good understanding of broking, underwriting businesses, and delegated authorities.
• Familiarity with Lloyd’s and the London Insurance Market.
• Experience within a compliance team in an insurance company, broker, consultancy, or regulator.
• Strong knowledge of relevant legislation and regulation.
• Proficiency in Excel, Word, and Smartsheets.

This role is ideal for a compliance professional looking to advance their career within a vibrant and growing company.

If you possess the skills and experience outlined above, please get in touch to explore this opportunity.