At a Glance
- Tasks: Lead compliance efforts and ensure adherence to regulations in a dynamic insurance environment.
- Company: Join Talbot Underwriting, a forward-thinking firm in the Lloyd’s insurance market.
- Benefits: Enjoy a comprehensive rewards programme focused on health, wellbeing, and professional growth.
- Other info: Collaborative culture with opportunities for career advancement and personal development.
- Why this job: Shape compliance strategies and make a real impact in a pivotal role.
- Qualifications: Proven experience in compliance leadership within the Lloyd’s insurance sector.
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.
Key Responsibilities
- 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.
- Act as 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, monitor compliance with company procedures and regulatory standards and maintain the Procedures for Talbot and Talbot owned overseas offices and recommend change in response to changes in the business environment.
- Design compliance training programmes and monitor completion of mandatory training programmes.
- Maintain a good working relationship with, and provide 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.
Qualifications
- 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.
Benefits
Talbot offers a comprehensive Total Rewards Program that provides benefits focused on health, wellbeing, financial security and professional development. AIG provides equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.
Chief Compliance Officer - Talbot in London employer: AIG
Talbot Underwriting is an exceptional employer, offering a dynamic work environment that fosters professional growth and development. With a strong commitment to employee wellbeing and a comprehensive Total Rewards Program, Talbot ensures that its team members are supported in their health, financial security, and career advancement. Located in the heart of the Lloyd's insurance market, employees benefit from a collaborative culture that values diversity and inclusivity, making it an ideal place for compliance professionals to thrive.
StudySmarter Expert Advice🤫
We think this is how you could land Chief Compliance Officer - Talbot in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like AIG looking for candidates who are engaged and informed.
We think you need these skills to ace Chief Compliance Officer - Talbot in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at AIG. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at AIG
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with AIG’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
