Chief Compliance Specialist

4 weeks ago


London, Greater London, United Kingdom Westfield Insurance Full time

Company Overview

Westfield Insurance is a leading provider of specialty insurance solutions. We are committed to delivering exceptional service and expertise to our clients.

Salary

The estimated salary for this role is $65,000 - $90,000 per annum, depending on experience.

Job Description

This is an exciting opportunity for a Chief Compliance Specialist to join our legal & compliance team at Westfield Specialty. As a key member of the team, you will play a critical role in supporting the Head of Legal in providing wordings support to D&F Property underwriting division and ensuring compliance with data protection matters.

Key Responsibilities:

  • Support the Head of Legal in providing wordings support to D&F Property underwriting division;
  • Review and negotiate TOBAs, Non-disclosure agreements, service level agreements, and consultancy agreements;
  • Provide support to Westfield Specialty to maintain internal governance policies and procedures for GDPR and provision of advice on the handling of data breach responses in line with Westfield Specialty's data privacy framework;
  • Identify proactive solutions to mitigate or eliminate risks to the business;
  • Oversight of policy wordings for Lloyd's and company platforms;
  • Coordinate with the US General Counsel team on data protection issues affecting Westfield Specialty.

Requirements:

To be successful in this role, you will require:

  • A Bachelor's degree in Law;
  • 1-4 years of experience in working in financial or professional services, with legal & compliance experience desirable;
  • CII desired but not essential;
  • Knowledge in data protection and wordings in Lloyd's or company market;
  • Ability to work effectively in a team environment and provide excellent communication skills.

Benefits

We offer a comprehensive benefits package, including health insurance, retirement savings plan, and generous paid time off.



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