With a flexible, employee focussed culture and excellent progression opportunities, this is a highly attractive role for a compliance professional looking to take the next step.

• Oversight and administration of the broker approval process (on-boarding of brokers - broker due diligence and TOBA administration).
• Undertake scheduled Compliance Monitoring as detailed in the annual compliance monitoring plan such as sanctions and licensing slip reviews, gifts and hospitality, third party payees, denied claims, cancelled policies and anti-money laundering.
• Undertake financial crime risk assessments for coverholders / binding authorities and maintain a central database of those assessments / outcomes.
• Provide assistance with respect to the complaints process, including day to day complaints administration
• Maintain the Compliance SharePoint site including keeping any underwriting / claims / other guidelines / reference tools current.
• Oversight and administration of on-line regulatory training.
• Ensure appropriate dissemination of regulatory / Market bulletins and publications to the business.
• Ensure Compliance Delegated Underwriting approvals are dealt with promptly, escalating matters as appropriate.
• To assist in ensuring the efficient running of the Product Oversight Group, including drafting agendas, liaising with the Chair and members, collating committee papers, circulation of papers.
• Undertake regular reviews of sanctions matches, clearing false positives and escalating true matches as appropriate
• Oversight and co-ordination of the business' annual Lloyd's Minimum Standards attestation, and to provide updates on any outstanding actions.
• Oversight of the regulatory returns process and maintainance of the Sharepoint site/ calendar, liasing with internal stakeholders to ensure returns are submitted and signed off in a timely manner
• Provision of Compliance advice for the business including specific requests from the underwriting and claims functions around sanctions, distribution, conduct, licensing and ad-hoc
• Provision of specific Compliance Training where required
• Represent the Compliance Function as necessary at various groups and management committees
• Provide ad-hoc compliance duties, where required contributing to company projects as necessary

Skills

• Minimum of 3 years insurance experience (preferably within the London market), in regulatory compliance experience an advantage.
• Strong academic record
• Some legal knowledge an advantage
• First class people skills and a team player
• Excellent written communication skills
• SharePoint experience an advantage
• Intermediate knowledge of Microsoft Word