Chief Compliance Officer - Talbot in London

Chief Compliance Officer - Talbot in London

London Full-Time 80000 - 100000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead compliance strategy and ensure regulatory obligations are met while driving business growth.
  • Company: Join AIG, a global leader in insurance solutions with a focus on innovation.
  • Benefits: Comprehensive benefits package, professional development, and a supportive work environment.
  • Other info: Inclusive culture that values diversity and fosters continuous learning.
  • Why this job: Shape the future of compliance in a pivotal leadership role at Talbot.
  • Qualifications: Extensive experience in compliance within the Lloyd’s insurance market and strong leadership skills.

The predicted salary is between 80000 - 100000 £ per year.

Talbot Underwriting is seeking a Chief Compliance Officer to lead and shape the firm’s compliance function at a pivotal stage in its continued growth and strategic development. This is a high-profile leadership role, offering the opportunity to sit on the Executive Committee of Talbot (TUL) and play a central role in influencing business strategy, governance, culture, and regulatory engagement across the organisation. The successful candidate will hold SMF16 responsibilities and act as a trusted adviser to the Board, Executive leadership, and key stakeholders across the business.

How you will create an impact

The Chief Compliance Officer will be responsible for overseeing the design, implementation, and ongoing enhancement of Talbot’s compliance framework, ensuring the business continues to meet its regulatory obligations while enabling commercial ambition and operational excellence. The role requires a forward-thinking leader with deep regulatory expertise, strong market credibility, and the ability to build highly effective relationships across both internal and external stakeholders.

Key responsibilities include:

  • Ensuring that systems are in place to facilitate TUL and its subsidiaries, owned overseas offices and syndicates it manages compliance with all Lloyd’s Acts, Byelaws and regulations and any regulations imposed by the relevant regulators.
  • Role of Money Laundering Reporting Officer to ensure that there are systems in place to prevent Talbot being subject to money laundering, financial crime and breaches of applicable sanctions.
  • Accountable for the implementation and execution of the Compliance Framework and Local Compliance plan and activities across Talbot.
  • Ensuring that the systems and controls are in place for the accurate and timely completion of all returns to Lloyd’s, the PRA / FCA and any other regulatory authority as required.
  • Monitoring the development and operation of the systems of management and control across Talbot with specific regard to all regulatory expectations and recommend change if appropriate.
  • Maintaining an open and co-operative relationship with Lloyd’s, the PRA / FCA and other regulatory bodies as appropriate.
  • Ensures the compliance team understands the implications of PRA / FCA and Lloyd’s regulation for Talbot and its subsidiary (and appointed representative) Talbot Underwriting Risk Services Ltd.
  • Support the team in managing enquiries where applicable from PRA / FCA, Lloyd’s and other regulators to maintain effective and transparent relationships.
  • Manage requirements in respect of regulatory visits and reviews/ requirements including compilation/ support of compilation of responses on Lloyd’s/ PRA/ FCA consultative documents where relevant.
  • Design systems of control, monitors compliance with company procedures and regulatory standards and maintains the Procedures for Talbot and Talbot owned overseas offices and recommends change in response to changes in the business environment.
  • Design compliance training programmes and monitors completion of mandatory training programmes.
  • Maintain a good working relationship with, and provides advice to, business areas on compliance issues.
  • Understands international compliance developments.
  • Support Group entities with enquiries on business compliance, and overseas offices in relation to fulfilment of business objectives of establishing affiliated offices.

What you’ll need to succeed

An experienced compliance leader with significant knowledge and understanding of Lloyd’s compliance and regulatory issues. Significant experience overseeing regulatory compliance frameworks and leading teams within the Lloyd’s insurance market. Demonstrated ability to influence and work effectively within a highly matrixed organisation with employees at all levels. A track record of effectively leading and developing teams, developing the strategic direction and creating and enhancing business relationships.

Chief Compliance Officer - Talbot in London employer: AIG Insurance

At Talbot Underwriting, we pride ourselves on being an exceptional employer that values collaboration and innovation. Our commitment to employee growth is reflected in our comprehensive Total Rewards Program, which prioritises health, wellbeing, and professional development. Join us in a dynamic environment where your expertise as Chief Compliance Officer will not only shape our compliance framework but also influence our strategic direction, all while being part of a culture that celebrates diversity and inclusion.

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Contact Details:

AIG Insurance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Chief Compliance Officer - Talbot in London

Tip Number 1

Network like a pro! Reach out to your connections in the compliance field, especially those who have experience with Lloyd’s regulations. A friendly chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of compliance frameworks and regulatory obligations. We recommend creating a cheat sheet of key points to discuss how you can enhance Talbot's compliance function.

Tip Number 3

Showcase your leadership skills! Be ready to share examples of how you've influenced business strategy and built relationships in previous roles. This will demonstrate your fit for a high-profile position like Chief Compliance Officer.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Chief Compliance Officer - Talbot in London

Regulatory Compliance
Leadership Skills
Relationship Management
Compliance Framework Design
Risk Management
Money Laundering Prevention
Stakeholder Engagement

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Chief Compliance Officer role. Highlight your experience with compliance frameworks and regulatory issues, especially within the Lloyd’s insurance market. We want to see how your background aligns with our needs!

Showcase Your Leadership Skills:This is a high-profile leadership position, so don’t hold back on showcasing your leadership experience. Share examples of how you've influenced business strategy and built effective relationships in previous roles. We love seeing candidates who can lead and inspire teams!

Be Clear and Concise:When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon where possible. We appreciate candidates who can communicate complex ideas simply and effectively, just like we do at StudySmarter!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re genuinely interested in joining our team at Talbot!

How to prepare for a job interview at AIG Insurance

Know Your Compliance Stuff

Make sure you brush up on your knowledge of Lloyd’s compliance and regulatory issues. Familiarise yourself with the latest regulations and how they impact Talbot specifically. This will show that you're not just a candidate, but someone who understands the landscape and can hit the ground running.

Showcase Your Leadership Skills

As a Chief Compliance Officer, you'll need to demonstrate your ability to lead and develop teams effectively. Prepare examples of how you've influenced business strategy and built relationships in previous roles. Highlighting your leadership style and successes will resonate well with the interviewers.

Prepare for Scenario Questions

Expect questions that ask how you would handle specific compliance challenges or regulatory changes. Think through potential scenarios and how you would approach them. This will help you articulate your problem-solving skills and strategic thinking during the interview.

Engage with the Company Culture

Talbot values collaboration and inclusion, so be ready to discuss how you can contribute to their culture. Share your thoughts on fostering an inclusive environment and how you’ve done this in the past. This will show that you’re not only a fit for the role but also for the company ethos.