Risk and Compliance Assurance Officer - 6 month contract

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Roles & Responsibilities

• Take the lead on developing and delivering the second line assurance plan
• Maintain and develop a robust and effective second line assurance framework
• Design and deliver reports and MI for the relevant committees and senior management.
• Design and undertake reviews on a thematic and functional basis to ensure effective application of policies, procedures, and internal controls, as well as adherence to regulatory requirements.
• Periodic testing of Starr's key risk controls
• Deep dive reviews into Starr's top organisational risks. Ensure recommendations/actions are reported and completed in a timely manner.
• Contribute to the success of the Risk and Compliance teams more widely e.g. horizon scanning, day-to-day guidance and delivering training
• Support the company in maintaining compliance with industry and governmental lead regulations.
• Contribute to the regular Risk and Compliance reports to governing bodies, providing summary updates of control testing, monitoring reviews, and business performance against company procedures.
• To draft, review and keep up to date internal regulatory protocols, policies and procedural manuals.
• Support team with sanction screening and sanction related queries
• Assist in registrations of licensing and tax
• Support with maintaining TOBA process.

Experience

• Relevant second line experience
• Awareness of Lloyd's and London Market practices (and related International Lloyd's standards);
• Strong awareness of Lloyd's Principles, the FCA and the PRA.

Skills

• Ability to understand the commercial implications of regulation;
• Planning and organisational skills;
• Conscientious and attention to detail;
• Strong communication skills both written and oral;
• Professional business writing and presentation skills;
• Judgement and decision making;
• Ability to act with due professional care, demonstrating sound integrity and confidentiality; and
• Analytical thinking - explores and understands trends, opportunities and risks that could affect the business.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.