Compliance Analyst, Monitoring (12 Month Contract)
Hamilton
London, UK
Published 1 month ago
Compliance Management Systems / Technology
In good company.
We're a global specialty insurance and reinsurance company enhanced by data and technology, focused on producing sustainable underwriting profitability and delivering significant shareholder value.
Headquartered in Bermuda, we operate on a global basis, with over 500 employees and key underwriting operations in London, Bermuda, the US and Dublin.
We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful - to our customers and our business.
We're looking for a
Compliance Analyst, Monitoring
Based in London reporting to the Compliance Manager, Monitoring, the Compliance Analyst will use their skills, knowledge and experience to assist the Compliance Manager in the provision of timely, top-quality compliance advice to a range of business stakeholders and to the firm's governing bodies. In doing so, the capability to 'see the big picture beyond the task at hand', as well as a strong detail orientation, will be crucial to success.
This role will also support the culture of compliance and good governance for our Lloyd's Managing Agency platform.
What you will do
Assist the Compliance Manager (Monitoring) with the following:
We offer a vibrant, entrepreneurial, and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More.
We know if we welcome and respect differences, we'll attract and retain talent that brings a valuable diversity of perspectives and experience. We want all our colleagues to feel that they can bring their whole selves to work at Hamilton and know that they can be part of building a great company.
We're a global specialty insurance and reinsurance company enhanced by data and technology, focused on producing sustainable underwriting profitability and delivering significant shareholder value.
Headquartered in Bermuda, we operate on a global basis, with over 500 employees and key underwriting operations in London, Bermuda, the US and Dublin.
We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful - to our customers and our business.
We're looking for a
Compliance Analyst, Monitoring
Based in London reporting to the Compliance Manager, Monitoring, the Compliance Analyst will use their skills, knowledge and experience to assist the Compliance Manager in the provision of timely, top-quality compliance advice to a range of business stakeholders and to the firm's governing bodies. In doing so, the capability to 'see the big picture beyond the task at hand', as well as a strong detail orientation, will be crucial to success.
This role will also support the culture of compliance and good governance for our Lloyd's Managing Agency platform.
What you will do
Assist the Compliance Manager (Monitoring) with the following:
- Develop and continuously improve the methods for monitoring compliance (for all in-scope subject areas)
- Prepare the annual Compliance Monitoring Plan
- Conduct compliance monitoring in accordance with the Plan and agreed methodologies
- Assist business stakeholders with the design of controls, where compliance monitoring identifies control weaknesses
- Prepare compliance monitoring status reports, for submission to the quarterly Board and Committee meetings (detailing the level of compliance and control adequacy)
- Track and report progress regarding agreed remedial actions (e.g. matters identified in compliance monitoring)
- Conduct thematic and other reviews as required
- Work closely with the other assurance functions to ensure a joined-up approach to oversight and reporting
- Assist with the preparatory work in the event of regulatory inspections and information requests
- A working knowledge of relevant Lloyd's, FCA and PRA requirements
- Relevant experience in a Managing Agent or general insurer
- An understanding of Compliance Monitoring (purpose and practice)
- Report writing skills
- Good interpersonal and communication skills, with the ability to build effective working relationships at all levels
- Ability to think critically, identify and analyse problems, and develop effective solutions
- Proven track record of delivering assignments on time and to the required standard
- Adaptability and a willingness to learn and improve processes
- Self-motivated, proactive, collaborative and helpful to colleagues; following up tasks appropriately and keeping the team up to date on activities and progress
- Open, innovative and inclusive mindset
- Collaborative spirit
- You must act with integrity
- You must act with due skill, care and diligence
- You must be open and cooperative with the CBI, FCA, the PRA and other regulators
- You must pay due regard to the interests of customers and treat them fairly
- You must observe proper standards of market conduct
- You must act to deliver good outcomes for retail customers
We offer a vibrant, entrepreneurial, and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More.
We know if we welcome and respect differences, we'll attract and retain talent that brings a valuable diversity of perspectives and experience. We want all our colleagues to feel that they can bring their whole selves to work at Hamilton and know that they can be part of building a great company.