Our client, a growing Lloyd’s syndicate, seeks a compliance specialist with experience of working in the Insurance industry, preferably the Lloyd’s/London market, to support the team in its day-to-day activities, assisting in the delivery of the annual compliance plan and in the provision of information and assurance regarding compliance with relevant regulation. You will be proficient with Microsoft Office and Power BI and have previous experience with NDAs and contracts.
Key responsibilities will include:
*Supporting the delivery of the compliance plan including advisory, monitoring, reporting and regulatory activities
*Assisting in the monitoring and reporting of conduct risk exposure including TCF, Consumer Duty, product oversight, Fair Value Assessments and complaints
*Assisting in the dealing of complaints, including liaising with the claims teams, coverholders, TPAs, Lloyd’s, LIC and the Financial Ombudsman Service
*Assisting in the delivery of compliance monitoring activity
*Assisting the team in providing sanctions and financial crime support to the underwriters and other areas of the business
*Assisting in providing business advice on licensing, regulatory, data protection, and other areas of compliance
*Assisting in embedding compliance processes across the business
*Reviewing compliance policies and procedures annually and developing new policies/procedures where necessary
*Assisting in the preparation and submission of regulatory returns, as well as committee papers
*Our client is committed to diversity in all of its forms and operates an inclusive recruitment process*