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Compliance Analyst

Davies
locationLondon, UK
PublishedPublished: Published 2 weeks ago
Compliance Management Systems / Technology
Full time
Compliance Analyst

Application Deadline: 25 April 2025

Department: Compliance

Employment Type: Permanent - Full Time

Location: London UK

Description

Main purpose of job:
To support the Head of Compliance and Compliance team supporting day-to-day compliance activities, managing junior members of the team team, attending meetings, producing reports and deputising as required.

Key tasks
1 | Assist the Compliance function in responding to a variety of queries from syndicates (including queries relating to sanctions, complaints and conduct risk)
2 | To provide reliable information, analyses and Guidance to the Compliance Manager and to other staff at Asta and its syndicates.
3 | To undertake compliance monitoring of syndicates' activities, providing appropriate analysis and commentary.
4 | To prepare and submit regulatory returns.
5 | Lead regular compliance meetings with managed clients, providing data and advice as necessary.
6 | To help deliver both online and face-to-face compliance training to Asta staff And its managed clients.
7 | To provide high quality sanctions advice to managed clients within established SLAs.
8 | Assist the Compliance Manager in the on-boarding process for new Asta clients and the migration process for exiting clients.
9 | To participate in additional projects and activities that may arise
10 | To support during the annual capacity and auctions process in line with the Lloyd's capital timetable.

Key personal skills:

Key personal skills
1 | Accurate and analytical, with good attention to detail.
2 | Flexibility with the ability to apply a compliance perspective to complex operational situations.
3 | Ability to form good working relationships with internal and external stakeholders and work as part of a team.
4 | Excellent communication skills, both written and verbal.
5 | Displays initiative and an ability to work without close supervision.
6 | Positive attitude and willingness to learn

Key Skills, Knowledge and Expertise

1 | Broad knowledge of UK insurance regulation and experience working within a Lloyd's managing agent preferable
2 | Experience of applying regulatory knowledge within an insurance business.
3 | Experience in Sanctions, Complaints and/or Conduct Risk would be advantageous.
4 | Degree level education preferable and ACII qualified, or working towards this.
5 | Competent user of Microsoft Office (including Outlook, Word, Excel and PowerPoint).