Senior Compliance Analyst

Munich Re; London; On-site; GBP 50,000 - 75,000; Full time

Job summary

Munich Re recrute un Senior Compliance Analyst à Londres. Dans ce rôle, vous soutiendrez la conformité organisationnelle aux normes réglementaires tout en travaillant en étroite collaboration avec les équipes internes. Nous recherchons quelqu'un ayant une forte connaissance des règles britanniques et une capacité à résoudre des problèmes efficacement dans un environnement en évolution.

Benefits

25 jours de congés annuels + jours fériés

Pension non contributive de 10%

Éligibilité à un bonus annuel

Assurance médicale et dentaire privée

Assurance maladie critique + assurance vie + assurance santé permanente

Programme de bien-être et de développement

Schéma d'épargne pour véhicules électriques

Soutien aux études et développement professionnel continu

Qualifications

• Forte connaissance des règles réglementaires britanniques et du marché de Lloyd's.
• Autonome et organisé, avec une approche proactive.
• Capacité à identifier les exigences de conformité et de réglementation.

Responsibilities

• Fournir des conseils de conformité et des solutions commerciales dans divers domaines.
• Surveiller les changements réglementaires et les communiquer à l'organisation.
• Aider à mettre en œuvre des programmes de formation sur la conformité.

Skills

Communication

Problem Solving

Regulatory Knowledge

Job description

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptablestrategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

Senior Compliance Analyst

We are looking for a Senior Compliance Analyst to join our teams in London on a full time basis.

As a member of the MRSG Compliance Department, you will assist in making appropriate arrangements for compliance activities throughout the organisation to meet Solvency II, FCA, PRA, Lloyd’s and other applicable regulatory standards.

You will support the Compliance Managers in providing Complianceoversight, support and challenge to MRSG entities, and other key third parties, working with subject matter experts within the Risk & Compliance function as appropriate.

Responsibilities

• The Senior Compliance Analyst will be required to effectively partner with all levels of the organisation to provide compliance advice and business solutions in a variety of areas.
• Support the Advisory Compliance Manager in ensuring effective second line oversight of any activities within MRSG.
• Conducting horizon scanning of regulatory changes and communicating to the business in both written and verbal formats
• You help the Compliance Manager to build training programmescontributing to the completion of regulatory returns to Lloyd’s, FCA and PRA
• Help to identify, and mitigate exposure to regulatory risk, this will include notifying and reporting and evaluating their impact on partners.
• Work collaboratively with the Compliance Manager, the business, Legal Risk and Compliance team members to ensure the best outcomes to resolve issues are implemented.
• Assisting in drafting, implementing and reviewing of frameworks, policies and procedures.
• Actively promote a compliance culture internally and externally when interacting with third parties/stakeholders
• Ongoing support to the first line of defence and key third parties regarding compliance obligations
• Supporting the wider team in running the compliance strategy
• To assist with the delivery of Compliance and business led projects and other ad hoc requirements as and when needed to assist the Compliance team.
• Work closely with key functions, such as Delegated Authorities, Underwriting, Claims and Complaints teams to ensure ongoing compliance.
• Provide advice to provide regulatory advice in response to queries or information provision on compliance advisory matters including, licensing and financial promotions
• Assist in preparing MI and reports to Senior Managers where necessary
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
• Keep up to date with regulatory changes pertinent to the business and enforced by the FCA or other regulatory bodies
• Ensure communications are adequately and timely distributed to the relevant areas/members of the business
• Responsible for the recording the return deadline and submission completion and supporting relevant reporting to the ExCo and Board on any matters arising.
• Support the Sanctions and Financial Crime as required
• Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo and Board for Conduct Risk.
• To carry out compliance monitoring reviews as required.

Knowledge and Skills

• Strong knowledge and experience of UK regulatory rules and the Lloyd’s market
• A good understanding of the current regulatory environment
• Strong communication skills at all levels
• Ability to identify regulatory and compliance requirements, provide practical context and support their implementation
• Solution orientated mentality, with reputation for acting with integrity and ethical decision-making
• Self-starter and highly organised
• Proactive, personable approach with the ability to build relationships to implement change

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

Diversity, Equity & Inclusion
At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

Learning and innovating today, striving for sustainable societies and business tomorrow.

At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.

Learn more about sustainability at Munich Re – choose your impact!

• 25 days Annual Leave + Bank Holidays
• 10% Non-contributory Pension
• Eligibility for an Annual Bonus
• Private Medical + Dental Insurance
• Critical illness insurance + Life Assurance + Permanent Health Insurance
• Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
• Electric Vehicle Salary Sacrifice Scheme
• Study & continuing Professional Development Support