Job Description
A multinational specialty insurance & reinsurance business is seeking a compliance analyst to work on a hybrid basis.
Reporting into the UK Head of Compliance, you will:
* Provide expertise on a wide range of UK related compliance and data protection matters.
* Support the Senior Compliance Officer in responding proactively to all upcoming UK regulatory changes
* Advise the Company and Group (including relevant Boards / Committees), Group Legal and Compliance, Senior Managers and other key stakeholders on the impact of regulatory changes
* Support, as required, implementation of appropriate responses to any regulatory changes in the UK
* Support the oversight the embedding and evidencing of compliance with existing key regulatory imperatives including but not limited to SMCR, IDD, GDPR in conjunction with Group Compliance
* Support the maintenance of the UK regulatory library and communicate updates to management and relevant staff including through the provision of scheduled and ad-hoc training as required
* Support the KYC and TOBA process in respect of the UK operation
* Support the sanctions screening process in conjunction with Group Compliance
* Provide technical advice to management, staff and the Board on compliance matters
* Support input to key UK and Group management committees including the Delegated Authority Committee and Product Oversight Group. Involvement in consideration and onboarding of new coverholders, onsite / direct work with Delegated Authorities / Coverholders and development of related management information
* Support the Complaints Management Process in respect of UK originated business, maintain appropriate records and reporting and operate as the primary contact for the business
You will need at least 18 months experience of working in a compliance function at an insurance or reinsurance business.
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