Compliance Officer

Harrison Holgate
United Kingdom
£45k - £55k pa
02 Oct 2017
04 Nov 2017
Contract Type
Full Time
A leading and highly regarded Lloyd's Market and International Insurer is currently recruiting for a Compliance Officer to be based in the London city office. Responsible for providing regulatory compliance assistance and assurance supporting regulatory compliance across the company as it grows in size and complexity. Supporting UK & International compliance function as necessary Key Responsibilities Provide advice to the business on ad hoc regulatory issues. Review and investigate results from sanctions screening and escalate possible matches to the financial crime compliance manager Manage and monitor the due diligence process and the terms of business agreements with Lloyd's and non Lloyd's brokers. Perform regular monitoring to ensure business is only placed with approved brokers. Investigate results from the monthly exception reports on sanctions and the ECO. Assist with the preparation of compliance papers to various committees. Ensure the firm's data protection registrations are kept up to date and arrange renewal as appropriate. Assist with ad-hoc compliance work and projects arising from time to time. Support the compliance function in designing, writing and implementing frameworks, policies, procedures, processes and systems Support compliance and regulatory projects, including implementation of legislation / regulation Liaison with underwriting on compliance issues pertaining to underwriter decisions. Working with the coverholder management team to ensure best practices around delegated underwriting controls. Experience Required 2-3 years experience within a Compliance role in the Lloyd's Insurance Market Strong communication skills Strong attention to detail
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