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Senior Compliance Analyst

2 months ago


UK, UK, United Kingdom Edenbrook Full time

Senior Risk and Compliance Analyst opportunity working with a rapidly growing specialty insurer operating within the Lloyd’s market. You will be supporting the Risk & Compliance team in ensuring compliance with all relevant regulation and legislation applicable in the general & Lloyd’s insurance sector.


Key Responsibilities:


Risk Management:


  • Assist in the development and implementation of the risk framework;
  • Maintenance and regular review of the risk register;
  • Assist in developing and distributing tools, techniques, methodologies, analysis, reporting, communication and training;
  • Assist in the annual and ad-hoc ORSA process and draft reports;
  • Assist the Head of Risk and Compliance in undertaking quarterly reviews of the risk profile.


Compliance:


  • Point of contact for internal day-to-day compliance queries in relation to TOBAs, sanctions screening and conduct queries;
  • Lead in monitoring and maintaining compliance with Lloyd’s principles;
  • Assist the Head of Risk & Compliance with implementing compliance policies;
  • Assist with company secretarial duties as required;
  • Responsible for FCA returns;
  • Compliance team conduct champion;
  • Ensure Lloyd’s systems such as Atlas are appropriately updated;
  • Support in providing training sessions to the business on core compliance topics;
  • Assisting the business on sanctions-related queries.


Key Skills and Experience:


  • Good knowledge of Lloyd’s and other regulatory requirements and Lloyd’s principles;
  • Good understanding of the regulatory handbooks, rules and guidance applicable to the insurance sector with particular experience working within a Lloyd’s Insurer.