Junior Compliance Analyst

Avencia Consulting; Greater London; On-site; GBP 30,000 - 46,000; Full time

Job summary

Avencia Consulting in London is seeking a Graduate Compliance Analyst to join our growing insurance practice, offering exposure to UK and international regulatory environments and a clear path to develop within compliance.

You will learn across underwriting, claims, risk, actuarial and finance while taking ownership of regulatory change, policy updates and reporting tasks, in a collaborative, supportive team.

Qualifications

• Degree in Law, Finance, Business, Economics or a related analytical subject.
• Strong analytical and detail-oriented mindset.
• Excellent verbal and written communication skills.
• Proactive and able to manage multiple priorities.

Responsibilities

• Assist with compliance policies, regulatory change and procedures.
• Support horizon scanning and regulatory research.
• Monitor conduct and product risk and assist with reporting.
• Support underwriting compliance, licensing and regulatory requirements.
• Help create and deliver compliance training and KYC processes.
• Analyse management information and contribute to board reporting.
• Collaborate with teams across underwriting, claims, risk and finance.

Skills

Analytical thinking

Detail-oriented

Verbal & written communication

MS Office proficiency

Education

Bachelor's degree in Law/Finance/Business/Economics

Tools

Power BI

Excel

PowerPoint

Job description

Graduate Compliance Analyst London Market Insurance

This is a fantastic opportunity to join a growing global insurance business at an exciting stage of its development, where you'll get genuine exposure to how an international insurance business operates.

You'll work alongside an experienced Compliance team and have direct exposure to senior stakeholders, while building your knowledge across Underwriting, Claims, Risk, Actuarial and Finance.

This role is about learning, getting involved and taking ownership, giving you the opportunity to develop quickly and build a strong foundation for a long-term career in insurance compliance.

What you'll be doing:

• Assisting with compliance policies, procedures and regulatory change
• Supporting horizon scanning and research into new regulations
• Monitoring conduct and product risk
• Supporting underwriting compliance, licensing and regulatory requirements
• Assisting with regulatory applications and reporting
• Helping create and deliver compliance training
• Supporting KYC and Terms of Business processes
• Collating and analysing management information
• Assisting with Board and management reporting
• Supporting the team with business compliance and financial crime queries
• Maintaining accurate compliance records and documentation
• Getting involved in wider compliance and business projects

What they are looking for:

You could be a recent graduate with a degree in Law, Finance, Business, Economics or another relevant/analytical subject, or have some early career experience in a related environment.

You'll be someone who:

• Is analytical, organised and highly detail-oriented
• Communicates confidently, both verbally and in writing
• Is curious and genuinely keen to learn
• Can manage multiple priorities in a fast-paced environment
• Is proactive and comfortable taking ownership
• Can work independently as well as as part of a team
• Has a genuine interest in compliance, regulation and the insurance industry
• Has strong Microsoft Office skills, particularly Excel and PowerPoint
• Ideally has some exposure to Power BI or data analysis
• Has a positive, commercial and 'can do' attitude

Why consider it?

This is a chance to get your foot in the door of the insurance market and develop quickly.

You'll gain hands-on experience across a broad Compliance function, work with different areas of the business and get exposure to UK and international regulatory environments.

For the right person, there's significant scope to grow as the business continues to expand.