Join a leading Lloyd's Insurance Brokerage as a Compliance Assistant on a 14 month FTC. To start in July 2025
This role offers an enriching environment where your skills and expertise will be valued and developed. Perfect for someone with a solid foundation in compliance and a passion for the insurance industry.
Key Responsibilities:
- Provide day-to-day assistance to the Compliance Department.
- Prepare and manage monthly systems and control reports, ensuring timely production.
- Obtain compliance monitoring confirmations and documentary evidence from regulatory firms.
- Maintain and monitor broker management systems both in the UK and overseas.
- Manage the REG UK system and escalate issues to relevant stakeholders.
- Assist with due diligence requests from insurers and intermediaries.
- Attend Compliance Team Meetings and compile minutes for review.
- Handle Data Subject Access requests and a variety of administrative duties.
Skills and Competencies:
- In-depth knowledge of FCA Compliance related to insurance requirements for commercial and retail business.
- Strong organisational skills to manage workload effectively.
- Ability to escalate issues appropriately and provide practical, commercial advice.
- Familiarity with IDD and SMCR regulations, processes, and procedures.
Desired Knowledge and Experience:
- Background in insurance broking, preferably with London Market experience.
- Proficiency in MS Word, Outlook, Excel, and database management.
- Experience with FCA systems and portals (My FCA, RegData, Connect), REG UK, and Broker Assess.