Compliance Officer

Compliance Officer

London

£65K - £85K

Working within close knit compliance team in mid sized Insurance underwriters you will be involved with;

Taking on a central and varied role responsible for identifying, assessing, and monitoring regulatory risk and reporting to management on the effectiveness of internal systems and controls.

• Providing regulatory advice and guidance to the business that, whilst remaining commercially attuned, ensures the delivery of good outcomes.
• Developing compliance policies and procedures to educate and guide employees driving up standards across the business.
• Designing, implementing, and delivering compliance training programmes.
• Co-ordinating initiatives and supporting projects, undertaking research, and completing regulatory returns and applications.
• Addressing and remediating issues, and conducting root cause analysis.
• Interpreting data, analysing key performance indicators, and producing regular management reports.

You will need

• Min 2 years experience in compliance within Insurance or related regulatory/legal environment.
• Knowledge of financial crime requirements applicable to UK financial services firms.
• Knowledge of and to develop knowledge of FCA Handbook, Lloyd’s Byelaws, Regulations and Codes of Conduct and all other relevant external regulatory requirements.
• Compliance issues facing Lloyd’s managing agencies covering Insurance, reinsurance and reserving practice.
• Analytical skills
• Decision making
• Relationship Management & Communication skills
• You should be a Graduate or equivalent