Compliance Manager - Advisory Contract

Avencia Consulting, works in partnership with The Fidelis Partnership (TFP) a prominent managing general underwriter (MGU) in the London Market. Our underwriting comprises of three pillars, Bespoke, Specialty, and Reinsurance, with Bespoke and Specialty making up he majority of the premium. As well as our in-house underwriting teams, we operate an MGA incubation platform called Pine Walk, which provides turn key solutions for new underwriter-led MGA's.

New projects anticipated in Q1 of 2025 provide an opportunity has risen for a new an experienced compliance generalist to join the Compliance Team and provide support to the business while other Team members deliver the anticipated projects. .

The successful candidate will have practical experience of working in compliance for an insurer or intermediary in the London Market, advising the business on regulatory and licencing matters. Reporting to a Senior Compliance Manager the successful candidate will work under their own initiative and will have autonomy to engage, and make decisions, with key stakeholders.

Main Responsibilities

• Provide the business and the third parties with whom it deals, with regulatory advice across a range of subject areas, including licencing;
• Assist in the attendance of Governance meetings with relevant third parties as appropriate;
• Working with the business to implement practical processes to deliver adherence to the relevant regulations;
• Operating those processes as they relate to a second line function e.g. making sure business is only written where licenced to do so;
• Supporting the conduct of regulatory horizon scanning, and providing summaries for discussion with the business;
• Producing and maintaining business timetables, ensuring that regulatory reporting deadlines are met in accordance with the appropriate timeframes;
• Answering KYC questions from third parties;
• Advising and supporting the compliance monitoring team where appropriate, including where the monitoring scope includes the Coverholders.
• Assist in the delivery of the 2025 Compliance Plan.

Skills, Qualifications & Experience

• Compliance experience with intermediaries or insurers.
• Detailed understanding of the FCA rulebooks.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills.
• Ability to work both independently and collaboratively in a fast-paced environment.
• Attention to detail and a commitment to upholding ethical standards.
• Detailed understanding of the regulatory requirements, specifically relating to Lloyd's, in the UK insurance industry. (Desirable)
• Knowledge of the regulatory landscape for Ireland (Desirable).

Fidelis Ethos

Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.

• Results - We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
• Innovate - We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
• Include - We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution.
• Unite - We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
• Respond - We work in a business exposed to sudden shocks and changes - elemental, political, economic and human - so we remain nimble and ready for change.

Diversity & Inclusion

Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We believe that developing and maintaining a diverse and inclusive organisation is critical to our success. Our hiring, assessment and selection process must be fair, free from bias and one which ensures we select the right person for the job, based on merit.

We welcome applications from all qualified candidates. To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.