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Compliance Specialist

Harrison Holgate
Posted 8 hours ago, valid for 8 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Join a Specialist Lloyd's Insurance Broker as a Compliance Specialist with a competitive salary of £60,000 to £70,000 per year.
  • The role requires proven compliance experience in the insurance market, ideally with a minimum of 3 years in a compliance team.
  • Key responsibilities include managing regulatory projects, supporting policy development, and coordinating various committees.
  • Candidates should have a strong understanding of the Lloyd's and London insurance market, along with proficiency in EXCEL, WORD, and SMARTSHEETS.
  • This position offers an exciting opportunity for a compliance professional to advance their career in a dynamic organization.

Join a Specialist Lloyd's Insurance Broker as a Compliance SpecialistThis role promises a diverse array of responsibilities, it's an exciting chance to make a significant impact within a forward-thinking organisation.Key Responsibilities:* Regulatory Projects: Identify and communicate upcoming regulatory changes, develop responsive policies, and integrate process changes. * Business/Culture Support: Act as the compliance representative at Pillar Excoms, conduct risk assessments on trading partners, and enhance business controls. * Policy Development: Support the creation and maintenance of compliance standards, policies, and procedures. * Committee Coordination: Manage the Insurer Security, Third Parties, and Product Governance Committees, including risk assessments and reporting. * Training and Communication: Provide regulatory updates, develop compliance tools, and collaborate with the Marketing team on communications. * Legal Document Review: Assist in negotiating TOBAs, NDAs, and other legal documents. Skills and Experience Required:* Proven Compliance experience in the Insurance Market * Commercially pragmatic approach to problem-solving in a fast-paced environment. * Good understanding of broking, underwriting businesses, and delegated authorities. * Familiarity with Lloyd's and the London Insurance Market. * Experience within a compliance team in an insurance company, broker, consultancy, or regulator. * Strong knowledge of relevant legislation and regulation. * Proficiency in EXCEL, WORD, and SMARTSHEETS. This role is ideal for a compliance professional looking to take the next step in their career within a vibrant and growing company.If you possess the skills and experience outlined above, please get in touch and we can explore.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.