Chief Compliance Officer - Talbot in London

Chief Compliance Officer - Talbot in London

London Full-Time 100000 - 150000 £ / year (est.) No working from home possible
American International Group, Inc.

At a Glance

  • Tasks: Lead compliance strategy and ensure regulatory obligations are met while driving business growth.
  • Company: Join Talbot Underwriting, a dynamic firm at the forefront of the insurance market.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Be part of a diverse team committed to equal opportunity and inclusivity.
  • Why this job: Shape the future of compliance in a pivotal leadership role with real impact.
  • Qualifications: Extensive experience in compliance within the Lloyd's insurance market and strong leadership skills.

The predicted salary is between 100000 - 150000 £ 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.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—and your professional development—to bring peace of mind to you and your family.

AIG provides equal opportunity to all qualified individuals regardless of race, color, 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. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Chief Compliance Officer - Talbot in London employer: American International Group, Inc.

Talbot Underwriting is an exceptional employer, offering a dynamic work environment where compliance leaders can thrive and make a significant impact on the organisation's strategic direction. With a strong commitment to employee wellbeing and professional development, Talbot provides a comprehensive benefits package that prioritises health, financial security, and career growth. The collaborative culture fosters open communication and innovation, making it an ideal place for those looking to advance their careers in the Lloyd's insurance market.

American International Group, Inc.

Contact Details:

American International Group, Inc. 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 and insurance sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise.

Tip Number 2

Prepare for interviews by researching Talbot's compliance framework and recent regulatory changes. Show them you’re not just a candidate, but someone who’s genuinely interested in their mission and ready to contribute.

Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the role of Chief Compliance Officer. Highlight your leadership skills and how you’ve successfully navigated compliance challenges in the past.

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 take the initiative to engage directly with us.

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

Regulatory Compliance
Leadership Skills
Stakeholder Management
Lloyd's Compliance Knowledge
Risk Management
Compliance Framework Design
Team Development

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in compliance, especially within the Lloyd's insurance market. We want to see how your skills align with the specific responsibilities mentioned in the job description.

Showcase Your Leadership Skills:As a Chief Compliance Officer, you'll be leading teams and influencing strategy. Use your application to demonstrate your leadership experience and how you've successfully developed teams in the past. We love seeing examples of your impact!

Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key achievements stand out. This will help us quickly see why you're the right fit for the role.

Apply Through Our Website:Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved.

How to prepare for a job interview at American International Group, Inc.

Know Your Compliance Stuff

Make sure you brush up on your knowledge of Lloyd's compliance and regulatory issues. Be ready to discuss how your experience aligns with the responsibilities outlined in the job description, especially around the implementation of compliance frameworks and managing regulatory relationships.

Showcase Your Leadership Skills

As a Chief Compliance Officer, you'll need to demonstrate your ability to lead and develop teams. Prepare examples of how you've influenced business strategy and built effective relationships in previous roles. Highlight any specific instances where your leadership made a significant impact.

Prepare for Scenario Questions

Expect questions that assess your problem-solving skills in real-world compliance scenarios. Think about challenges you've faced in previous roles and how you navigated them. This will show your forward-thinking approach and ability to adapt to changing regulations.

Engage with the Interviewers

Remember, interviews are a two-way street! Prepare thoughtful questions about Talbot's compliance culture and future challenges. This not only shows your interest but also gives you insight into whether the company aligns with your values and career goals.