A specialist Insurance MGA is currently recruiting for an experienced Compliance Manager to join their growing team in London
Summary
To act as a deputy to the Head of Regulatory Affairs, supporting day-to-day compliance activities, managing the Compliance team, attending meetings, producing reports and deputising as required.
Key tasks
- Act as a deputy to the Head of Regulatory Affairs in the delivery of the compliance plan, including associated monitoring and reporting.
- Manage more junior members of the Compliance team and any direct reports including with regard to Sanctions, TOBAs, Conduct Risk and Complaints.
- Review and analyse regulatory changes, providing reports and updates to staff and clients as appropriate.
- Review compliance policies annually and develop policies where necessary.
- Lead regular compliance meetings with managed clients, providing appropriate advice as necessary.
- Lead the creation and delivery of both online and face-to-face compliance training to staff and clients.
- Provide high quality sanctions advice to managed clients within established SLAs.
- Assist in the on-boarding process for new clients and the migration process for exiting clients.
- Review the assigned risk controls on a quarterly basis to ensure that any related issues are raised.
- Lead the annual capacity and auctions process in line with the Lloyd's capital timetable.
Key technical skills, knowledge and professional qualifications
- Strong technical knowledge of UK insurance regulation and experience working within a Lloyd's managing agent.
- Experience of applying regulatory knowledge within an insurance business.
- Experience in handling Sanctions referrals. Complaints/Conduct Risk experience advantageous