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Company
Munich Re Specialty Group
Location
London , United Kingdom

At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we’re committed to building a strong and inclusive culture where everyone is welcomed and valued for their “own expression of self-id

About us

MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.

As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan and Dubai.

Our group of companies provide solutions covering Casualty, Marine & Cargo, Green Solutions, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build – to enable people and businesses to thrive.

We are looking to employ a Compliance Data Analyst to work with us on a full time basis. This role can be based in London or Manchester.

If you’d like to work within an energetic and collaborative team atmosphere where you can make difference, we’d love to hear from you.

The Role

To Define data specifications and produce consistent and value-checked automated reporting for the central MRSG Compliance team

Responsibilities

• Design and maintain data-driven reporting and analytics for all MRSG UK regulated entities based on agreed regulatory metrics.
• Build and maintain automated, scalable data solutions for compliance advisory, compliance monitoring and conduct risk.
• Build insightful analytics using modern data platforms to support regulatory requirements.
• Identifying gaps/areas for improvement across the data systems and provide input to support implementation of appropriate solutions
• Using available resources, build comprehensive automated management reporting providing visibility on business performance against regulatory measures for compliance. e.g. conduct risk
• Develop and provide consistent and relevant management information to relevant governance forums e.g. boards and executive committees
• Gather required information, understand and document detailed regulatory data processes using appropriate tools and techniques, ensuring these are agreed and supported by the appropriate MRSG compliance manager
• Monitor, validate and reconcile the data produced or collected on an ongoing basis, establishing internal confidence in the accuracy of the data available and ensure we remain compliant with Lloyd’s best practice, regulatory requirements and Munich Re requirements.
• To assist the central MRSG Compliance team in meetings its annual plans and meeting all applicable regulatory requirements
• Support conduct risk and compliance in analysing horizon scanning updates from Lloyd’s, the PRA, FCA and other applicable regulators where applicable to identify and define potential data and management information requirements.
• To assist with the delivery of Compliance and business led projects and other ad hoc requirements as and when needed to assist the Compliance team.

What we are looking for

We are keen to speak with candidates with data analysis, management, and visualisation expertise. Experience working in insurance or other financial services business is desirable.

Key Skills & Experience

• Accurate with good attention to detail
• Excellent verbal, written and visual communication of technical concepts
• Data analysis, management, and visualisation expertise
• Experience collecting and documenting data requirements
• Proactively manages conflicts within their workstack, clearly communicating any delays and managing expectations effectively.

Desirable skills & experience:

• Experience working in insurance or other financial services business
• Understanding of UK financial services regulatory requirements
• A foundation level understanding of insurance terminology and the Lloyd’s market
• Baseline knowledge of Power BI
• Experienced user of any business intelligence platform

Qualifications

• University Degree and/or relevant professional qualification within Computer Science, Mathematics, Economics or a related discipline.

Your career with us

At MRSG, you’ll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more!

Diversity & Inclusion

Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.

Working together, we are an employer of choice by building the workforce for today and the future. We make it happen. Together.

Push Boundaries. With us. | Munich Re