Application submitted

Compliance Analyst

  • £30000 - £400000 per annum + + benefits
  • City of London
  • MW Appointments

Compliance Analyst

City based - permanent contract

Salary to £40,000 d.o.e. + benefits package

An opportunity to join a leading, independent global Lloyds (re)insurance broking group.

You will become a key member of a small team of 5 compliance and risk specialists supporting the development and implementation of the group compliance plan.

This is viewed as a progression opportunity with the scope to become involved in a diverse range of different tasks while learning and acquiring new skills, expertise and knowledge.

Duties & Responsibilities will include the following, but can be amended depending on your level of expertise and knowledge:

Management and organisation of the Compliance Inbox, including the distribution of business queries to team members, ensuring that Compliance respond to business queries in a timely manner.

Sending (Re)insurer Terms of Business Agreements (TOBAs), recording and maintaining the TOBA and Agreement Registers, and ensuring the filing of these are kept up to date.

Recording complaints, conflicts of interest, breaches, gifts & hospitality declaration on the appropriate Registers.

Management of international license applications, applying for the licences prior to the renewal dates and managing the process from start to finish. Updating the internally held Licensing Register and assisting the business with licensing queries using Lloyd's Crystal and others systems.

Review and approval Trading Partner amendment forms, such as requests for name and address changes.

Maintenance and structuring of the Compliance intranet pages, ensuring documents held are the latest versions.

Producing MI and other data reports from internal systems, review and structure data in a way that is presentable for reports to business committees.

Maintaining compliance activity reports and prepare key performance indicators for internal reporting.

Taking meeting minutes where required.

Assisting in co-ordination of training sessions and workshops.

Providing administrative support in relation to the monitoring of external Legal, Market, Regulatory development and Best Practice initiatives, with a view to continuous improve internal processes.

Skills and Experience required:

-The ideal candidate will possess at least 12 months experience working in a compliance role from a broker, insurer, MGA or TP service provider background.

-A desire to build a long term career within risk and compliance is essential.

-The ability to multi-task and be able to adapt is required.

-An agile thinker and problem solver

-Analytical and able to manage data

-Organised and be able to prioritise work streams

-Strong IT software user skills

-An enthusiastic team player who can collaborate effectively with internal and external stakeholders.

-Ideally with progress towards CII qualifications.

Ref ~ 7960

MW Appointments is acting as an Employment Agency in relation to this vacancy.

  • Advertiser: Agency
  • Posted on: 08/04/2021 13:46
  • Reference: JO0000007960