Senior Financial Crime Analyst - Insurance

Lorien; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A major Insurance consultancy is seeking a Senior Financial Crime Analyst to provide strategic advice and conduct due diligence. This hybrid role requires a strong understanding of financial crime laws in the Insurance sector. Responsibilities include supporting compliance, conducting sanctions checks, and contributing to financial reports. Candidates should possess relevant Insurance experience, particularly within the London/Lloyd's market. This is a 6-month contract position requiring a mix of remote and onsite work in London.

Qualifications

• A good understanding of global sanctions regulation and financial crime laws.
• Experience applying regulations across various Insurance products.
• Ability to simplify complex topics for diverse audiences.

Responsibilities

• Support Financial Crime Specialists and the Compliance function.
• Conduct sanctions checks and financial crime due diligence.
• Contribute to quarterly Financial Crime MI and reports.

Skills

Understanding of global sanctions regulation

Communication of complex topics

Financial crime due diligence

Risk management framework understanding

Job description

Senior Financial Crime Analyst

We are currently recruiting for a Snr Financial Crime Analyst with Insurance experience to join one of our Insurance clients on a 6-month contract.

Inside IR35

Hybrid- 3 days a week onsite in London

Responsibilities

• Supporting the Financial Crime Specialists and the Compliance function in providing appropriate, timely and strategic Financial Crime advice to the business in a clear, effective, and efficient manner.
• Undertaking sanctions checks including detailed and strategic assessments of the application of applicable sanctions regimes and relevant export control measures to specific coverages.
• Conduct robust Financial Crime due diligence for new business opportunities and renewal business.
• Assisting the Financial Crime Specialists with conducting strategic reviews of internal frameworks relevant to financial crime systems and controls.
• Financial Crime Monitoring and Reporting
• Contributing to the creation of quarterly Financial Crime MI and reports for Boards and Committees.
• Supporting the Compliance Business Partner with Financial Crime Horizon Scanning
• Work with Risk and Compliance Transformation and Change team to support the delivery of strategic Financial Crime process improvements, including new technology solutions.

Experience

• A good understanding of global sanctions regulation as well as wider financial crime laws and regulations with experience in applying them across a variety of Insurance product types
• An understanding of a financial crime risk management framework to mitigate financial crime risks faced by the business and meet regulatory and legal expectations.
• Ability to communicate complex topics in a simple and audience-sensitive way both verbally and in writing.
• Relevant insurance experience, preferably within the London/Lloyd's market.