Compliance Analyst
RenaissanceRe
London, UK
Published 1 month ago
Compliance Management Systems / Technology
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.
Our global team shares a passion for solving our customers' biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
Position: Compliance Analyst
Job Location: London
About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We're experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).
About LR&C
RenaissanceRe's Compliance function provides service, support, and advice to advance RenaissanceRe's business goals and strategy while helping employees and the Company meet our regulatory and compliance obligations. Compliance is an essential enabler and champion to preserve and enhance our reputation for integrity.
About the Position
Reporting directly to the VP, Senior Compliance Manager, the Compliance Analyst will provide support to the Compliance function in a wide variety of areas. This role will successful candidates quickly to develop a working understanding of RenaissanceRe's compliance processes and procedures and a competency in the preparation of compliance-related reports and filings.
The Compliance Analyst role is based in the London office
Key Relationships
Manage the dedicated Compliance mailbox and distribute all relevant compliance communications received to appropriate stakeholders in a timely manner;
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Our global team shares a passion for solving our customers' biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
Position: Compliance Analyst
Job Location: London
About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We're experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).
About LR&C
RenaissanceRe's Compliance function provides service, support, and advice to advance RenaissanceRe's business goals and strategy while helping employees and the Company meet our regulatory and compliance obligations. Compliance is an essential enabler and champion to preserve and enhance our reputation for integrity.
About the Position
Reporting directly to the VP, Senior Compliance Manager, the Compliance Analyst will provide support to the Compliance function in a wide variety of areas. This role will successful candidates quickly to develop a working understanding of RenaissanceRe's compliance processes and procedures and a competency in the preparation of compliance-related reports and filings.
The Compliance Analyst role is based in the London office
Key Relationships
- Reports to: VP, Senior Compliance Manager
Manage the dedicated Compliance mailbox and distribute all relevant compliance communications received to appropriate stakeholders in a timely manner;
- Record, monitor and notify deadlines using the compliance task monitoring tool;
- Monitor regulatory updates and communicate internally;
- Maintain RSM's complaints register and ensure all relevant Complaints notifications, documentation requests and queries are handled efficiently and in line with the applicable regulatory requirements;
- Perform pre-bind quality assurance checks;
- Perform sanctions screening;
- Monitor key exception reports related to underwriting;
- Complete regulatory returns;
- Maintain papers and minutes of internal meetings;
- Administer the underwriter authorities and documentation;
- Assist with new broker applications;
- Assist with the Senior Compliance Manager with a wide range of compliance function responsibilities and compliance returns as well as ad-hoc tasks;
- Own the Underwriting Controls Policy and associated controls and ensure the Policy and controls are maintained and proportionate to the syndicate.
- Must be flexible and able to work in a team;
- Ability to work independently using initiative;
- Strong attention to detail;
- Strong computer skills are essential, particularly Microsoft Excel, Outlook, Word and PowerPoint;
- Exceptional organizational skills;
- Excellent interpersonal skills;
- Excellent communication skills, ability to communicate with colleagues and stakeholders at all levels both internally and externally;
- Proactive and a self-starter willing to grow and develop.
- Impact: Delivers work output and may be required to partner cross-business units/functionally;
- Execution: Prioritizes responsibilities, makes effective use of time and remains flexible to changing work needs/demands;
- Communication: Regularly shares information in a timely manner with stakeholders;
- Client and solutions focus: Manages expectations effectively and adapts to changing needs, concerns and priorities of internal and external clients/stakeholders;
- Innovation: Remains open to new thinking and ideas, and views situations from multiple perspectives;
- Learning mindset: Seeks out and explores new assignments, exposure, or challenges in order to enhance technical skills;
- Values: Exemplifies and champions RenaissanceRe's core values of Focus, Respect, Integrity, Precision, Passion.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.