Risk and Compliance Analyst

Asta Capital Limited; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

Davies Insurance Solutions is seeking a Compliance professional to support the Head of Compliance and the team in implementing risk management framework and regulatory compliance across London-based businesses. The role covers risk identification, monitoring and reporting for the London Market Intermediaries and related entities.

The successful candidate will maintain risk registers, support risk workshops, and prepare risk MI and governance packs for boards and committees, while ensuring

Qualifications

• Experience in risk and compliance environments, preferably in the Insurance sector.
• Ability to design and implement risk management frameworks.
• Experience maintaining risk registers and governance documentation.
• Solid understanding of regulatory rules and how they affect wholesale/retail markets.
• Ideally pursuing or holding a relevant risk or compliance qualification.

Responsibilities

• Assist with implementing and maintaining the Insurance Solutions risk management framework across entities and business units.
• Maintain and develop risk registers and governance documentation.
• Engage with risk owners to identify new and emerging risks and support controls and action plans.
• Maintain action logs and escalate material issues and risk breaches as needed.
• Assist with risk workshops, risk reviews and quality of risk documentation across the division.
• Prepare regular and ad-hoc risk MI, dashboards and reporting packs for boards and committees.
• Support client risk assessments and regulatory compliance monitoring across Insurance Solutions.
• Assist with implementing and monitoring the Davies Insurance Solutions Compliance Monitoring Plan in relevant UK entities.
• Support oversight of the Intermediary Services network of Appointed Representatives and regulatory requirements.
• Prepare board materials for AR oversight and governance forums.
• Monitor regulatory requirements such as IDD, PRIN, ICOBS, SYSC, PROD and SUP and assess implications.

Skills

Risk management

Compliance

Regulatory knowledge

Risk registers

Stakeholder management

Communication skills

FCA rules knowledge

Organisational skills

Team player

Job description

Application Deadline: 15 October 2026

Department: Compliance

Location: London UK

Description

The candidate will support the Head of Compliance, and the compliance team with the risk management framework and risk management policy implementation across Insurance Solutions businesses. This role covers the London Market Intermediaries, Captive Management and Insurance Solutions North America.

The role will act as a central control point for risk governance, supporting the consistent identification, assessment, monitoring and reporting of risks across the division. The candidate will also support the Head of Compliance, and the compliance team to deliver, maintain and help comply with Davies Insurance Solutions regulatory compliance framework and oversee the Intermediary Services’ network of Appointed Representatives overseeing and managing a portfolio of Appointed Representatives (ARs).

Key Responsibilities

• Support the Compliance and Risk Manager with the implementation, maintenance and ongoing enhancement of the Insurance Solutions risk management framework, promoting consistent risk identification, assessment, ownership, monitoring and reporting across Insurance Solutions entities and business units.
• Maintain and develop risk registers for each relevant business entity, ensuring risks are appropriately recorded, assessed, assigned, reviewed and updated in line with agreed governance standards and reporting cadence.
• Engage proactively with risk owners across Insurance Solutions to identify existing, new and emerging risks, agree risk ratings and support proportionate controls, mitigations and action plans.
• Maintain action logs, track overdue actions and support timely escalation of material issues, control weaknesses, emerging risks and any risk appetite or threshold breaches.
• Assist with the running of risk workshops and periodic risk reviews to strengthen risk ownership, challenge and the quality of risk and control documentation across the division.
• Prepare regular and ad-hoc risk MI, dashboards and reporting packs for entity boards, risk committees and Insurance Solutions leadership forums, including top risks, emerging risks, overdue actions, control effectiveness and assessment completion status.
• Support the rollout, completion tracking and quality assurance of client risk assessments and financial crime risk assessments across Insurance Solutions, allowing for local regulatory variation and input from relevant subject matter experts.
• Assist with the implementation and monitoring of the Davies Insurance Solutions Compliance Monitoring Plan across the relevant UK entities, ensuring findings, actions and thematic issues are reflected in risk reporting where appropriate.
• Support regular oversight of the Intermediary Services network of Appointed Representatives, including assistance with new AR onboarding, due diligence, policy and procedure reviews, insurer audit follow-up and regulatory oversight requirements.
• Assist with preparing board and committee materials for AR oversight, DIS compliance meetings, Group Risk and Governance reporting and other relevant governance forums.
• Support the Compliance team with monitoring regulatory requirements relevant to the role, including IDD, PRIN, ICOBS, SYSC, PROD and SUP, and help identify where rule changes or compliance findings create risk management implications.

Skills, Knowledge & Expertise

• Several years experience working in a risk and compliance environment, preferably in the Insurance sector
• A strong understanding of risk management including designing and implementing risk management frameworks
• Experience maintaining risk registers, action plans and governance documentation
• Solid understanding of regulatory rules and how changes affect the wholesale and retail market (retail market would be preferable)
• Ideally working towards, or having a passion to work towards, a relevant risk or compliance qualification
• An understanding of FCA rules such as PRIN, ICOBS, SYSC, PROD and SUP Supervision
• Excellent organisational and stakeholder management skills
• Confident in constructively challenging and influencing at senior levels
• Strong written and verbal communication skills
• Ability to manage multiple priorities and deliver to various, often conflicting deadlines
• Contribute positively to the team culture by demonstrating strong team player mentality
• Exhibit traits that align to Davies values