We are currently partnering closely with a top Global Insurer for a Compliance Monitoring Analyst. The successful candidate will be ensuring regulation compliance across the group.
Key Responsibilities:
• Keeping up-to-date with regulatory developments, including FCA and other regulatory (such as data protection) issues and those on the horizon
• Assisting in the effective delivery of the firm’s annual compliance plan
• Proactively monitor activities in line with the firm’s annual compliance plan
• Assisting in the design and implementation of the firm’s risk management framework
• Supporting the Compliance Team in ensuring that the firm’s activities comply at all times with both its internal procedures and FCA requirements
• Ensuring the firm’s various compliance registers are maintained
• Assisting in the design, drafting, review and implementation of the firm’s compliance policy documents and procedures. Conduct suitable monitoring to ensure the processes are embedded within the business.
• Supporting the delivery of the firm’s internal audit function
• Support the collation of information for compliance management
• Supporting the firm to ensure that adequate records are kept throughout the organisation to demonstrate compliance with FCA requirements and to facilitate regulatory reporting
• Ensuring that all staff are aware of, and comply with, the firm’s procedures and all relevant FCA requirements concerning selling practices
• Ensuring the firm’s ARs are adequately monitored for compliance
Core Skills and Experience:
• At least 1-2 year’s relevant compliance experience within the (re)insurance and Lloyd’s market.
• Ideally an Insurance or compliance qualification e.g. CII, ICA
