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Expense Analyst London, England

Harrison Holgate

Full Time London, England 70000 GBP ANNUAL Today

Job description

New Job Opportunity
Compliance Officer
Insurance Brokerage

Salary – Up to £75,000 + Bonus + Excellent benefits

A dynamic Insurance Brokerage is currently recruiting for a Compliance Officer for the London City office. The role will offer exposure to the whole business and there is lots of opportunity to progress.

The ideal candidate will have 5-8 years of relevant insurance market compliance experience and looking for a new challenge

Please see below a summary of the job responsibilities and requirements for the role.
Summary

To ensure ongoing compliance with existing regulations, including those from the FCA, FSMA, Lloyd’s and the ICO
To identify and implement any changes to applicable regulation or law, including international sanctions.
To promote and nurture a compliant culture within the firm’s operations
To ensure all compliance policies and procedures remain up-to-date and relevant
To ensure the Risk Register is reviewed quarterly and updated accordingly
Management of Terms of Business Agreements ("TOBA")
Review of ad hoc Service Agreements with Third Parties
To raise awareness of relevant compliance matters within the Company through Board communications, open forum discussions and presentations, internal emails to colleagues and the sharing of external bulletins, memos and news articles
To produce Monthly Compliance Reports for the Board
To support the programme of monthly file audits
To respond to Compliance developments related to Blueprint Two
To refresh Financial Crime Training for all staff

Person specification

Significant relevant compliance experience within the Insurance Market
Can demonstrate a strong understanding of the FCA’s and Lloyd’s rules
Problem solving approach to balance business needs with requirements of regulation

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