2nd Line Assurance Analyst – 12 month FTC

2 months ago

London, Greater London, United Kingdom myGwork Full time
This inclusive employer is a member of myGwork - the largest global platform for the LGBTQ+ business community.
General Job description and person specification

Job Title:
2nd Line Assurance Analyst - 12 month FTC Division:

General Management Reports To:
As per Beazley's organisation chart

Job Summary:
Contribute to the provision of high-quality independent risk assurance and compliance monitoring across the group. Key Responsibilities Contribute to the on-going development of the risk-based second line assurance framework. Assist in the delivery of the second line assurance plan.

Undertake ongoing compliance monitoring, and scope, plan and undertake risk-based compliance thematic reviews across the group to provide assurance that regulatory requirements and other compliance policies are adhered to.

Scope, plan and undertake risk assurance assignments to assess the design and operational effectiveness of the group's control environment. Prepare reports to a high standard, including content, format, style, and timeliness.

Reports should include root cause analysis, be pragmatic and identify issues, where needed, to improve the group's control environment, adherence to regulations or progress towards best practice.

Manage relationships with other parts of the group, including encouraging colleagues to go to other assurance functions for support to help ensure they carry out their roles in a controlled and compliant manner.

Work closely with colleagues in other assurance functions to ensure an efficient approach to assurance, share knowledge, and identify common areas of concern.

Assist with the preparation of papers to relevant boards and committees. Assist with ad-hoc assurance work and projects, as required.

Personal Specification Knowledge and Experience:
2-3 years of experience of working in an assurance related role (e.g., internal/external audit, risk management or compliance). A working knowledge of a risk management frameworks and risk and control assessments.

Experience of delivering assurance projects (planning, designing and executing testing, performing root cause analysis, reporting results), as well as liaising with senior management, as appropriate.

Strong understanding of the financial services industry (ideally insurance) and its regulatory environment in the UK and Europe, US also preferable.

A good understanding of corporate governance.

Skills and Abilities:
Excellent written and verbal communication skills. Excellent time management and prioritisation skills. Proactive, able to identify tasks that need completing and see them through to their conclusion. Ability to work in the detail and see the big picture. Analytical thinking. Team player, as well as the ability to use own initiative. Ability to work in a pressurised, deadline bound environment.

Aptitude and Disposition:
Highly motivated. Outcome focused. Professional approach to successfully interact with stakeholders.

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