Financial Crime Sanctions Specialist - London Market Insurance

G MASS; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

A leading Lloyd's Managing Agent in London is seeking a Senior Sanctions Analyst for a 12-month contract. The role involves processing sanctions referrals from underwriters across high-risk territories. Candidates must have strong knowledge of sanctions frameworks and excellent communication skills. The position offers a salary range of £50k-£90k per annum.

Qualifications

• Prior experience working in the Lloyd’s or London Market Insurance is essential.
• Strong working knowledge of international sanctions regimes.
• Excellent communication and stakeholder management skills.

Responsibilities

• Review and process sanctions referrals from underwriters.
• Assess referrals across high-risk territories including Russia and Iran.
• Ensure compliance with Lloyd’s market standards.

Skills

Proactive

Strong stakeholder communication

Knowledge of sanctions frameworks

Ability to manage time and workload

Familiarity with underwriting processes

Job description

We’re working with a leading Lloyd’s Managing Agent to identify a proactive and knowledgeable Senior Sanctions Analyst to join their compliance function.

This is a key role focused on processing sanctions referrals from a wide range of underwriting teams across an array of high-risk international territories, requiring a solid grasp of current sanctions frameworks and strong stakeholder communication skills.

Key Responsibilities:

• Review and process sanctions referrals from underwriters, ranging from straightforward to complex cases.
• Assess referrals across multiple high-risk territories including Russia, Cuba, Iran, and Sudan.
• Apply up-to-date knowledge of international sanctions frameworks (EU/US/UK) to assess compliance risks.
• Review slips and supporting documentation to evaluate exposure and advise on required actions.
• Liaise directly with Syndicate clients and a range of internal stakeholders to ensure accurate and timely responses.
• Collaborate with sanctions technicians and analysts to escalate and resolve complex matters efficiently.
• Support compliance with Lloyd’s market standards and contribute to the development of internal screening practices.

• Prior experience working in the Lloyd’s or London Market Insurance is essential.
• Strong working knowledge of international sanctions regimes, including sectoral sanctions (e.g. oil & gas transfers).
• Ability to interpret and apply sanctions lists across different jurisdictions and corporate structures.
• Familiarity with underwriting processes and technical documentation (e.g. slips, basis of acceptance).
• A self-starter who can manage their time, workload and documentation with minimal oversight.
• Comfortable working within a Compliance and Financial Crime team.
• Excellent communication and stakeholder management skills.
• Comfortable working in a fast-paced environment with minimal training required.

Initial 12-month contract. Paying in the region of £50k - £90k per annum.