At a Glance
- Tasks: Lead compliance efforts and shape strategy at Talbot Underwriting.
- Company: Join a dynamic team at Talbot, a leader in the insurance market.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and development.
- Why this job: Make a real impact on compliance and governance in a pivotal leadership role.
- Qualifications: Extensive experience in regulatory compliance and strong leadership skills.
The predicted salary is between 100000 - 130000 £ 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 high‑profile leadership role offers the opportunity to sit on the Executive Committee of Talbot and play a central role in influencing business strategy, governance, culture, and regulatory engagement across the organisation.
Key responsibilities
- Ensure systems are in place to facilitate TUL, its subsidiaries, owned overseas offices and syndicates in managing compliance with all Lloyd’s Acts, Byelaws and related regulations, as well as any regulations imposed by relevant regulators.
- Act as the Money Laundering Reporting Officer, ensuring systems are in place to prevent Talbot from 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.
- Ensure that 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.
- Monitor the development and operation of the systems of management and control across Talbot with specific regard to all regulatory expectations, recommending change if appropriate.
- Maintain an open and cooperative relationship with Lloyd’s, the PRA / FCA and other regulatory bodies as appropriate.
- Ensure 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 from PRA / FCA, Lloyd’s and other regulators, maintaining effective and transparent relationships.
- Manage regulatory visit and review requirements, including compilation and support 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 procedures for Talbot and Talbot‑owned overseas offices, recommending changes in response to changes in the business environment.
- Design compliance training programmes and monitor completion of mandatory training programmes.
- Maintain good working relationships with, and provide advice to, business areas on compliance issues.
- Understand international compliance developments and support Group entities with enquiries on business compliance and overseas office fulfilment of business objectives.
What you’ll need to succeed
- Significant knowledge and understanding of Lloyd’s compliance and regulatory issues.
- Extensive 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 proven track record of leading and developing teams, developing strategic direction and creating and enhancing business relationships.
Chief Compliance Officer - Talbot employer: American International Group
Talbot Underwriting is an exceptional employer, offering a dynamic work environment where compliance professionals can thrive and make a significant impact on the organisation's strategic direction. With a strong commitment to employee development, Talbot fosters a culture of collaboration and innovation, providing opportunities for growth and leadership within the Lloyd’s insurance market. Located in a pivotal area for the industry, employees benefit from engaging with key regulatory bodies and shaping compliance practices that drive the business forward.
Contact Details:
American International Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Chief Compliance Officer - Talbot
✨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 challenges and recent regulatory changes. Show us that you understand their needs and how you can lead their compliance function effectively.
✨Tip Number 3
Don’t just wait for job openings; create opportunities! If you see a gap in Talbot’s compliance strategy, propose how you could fill it. This proactive approach can really set you apart.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Chief Compliance Officer - Talbot
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to 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 what Talbot is looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this leadership role. Share specific examples of how you've influenced business strategy and managed compliance in previous positions. Let us see your passion for compliance!
Showcase Your Leadership Skills:As a Chief Compliance Officer, you'll be leading a team and influencing culture. Make sure to highlight your leadership experience and how you've developed teams in the past. We love seeing candidates who can inspire and drive change!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensure it gets the attention it deserves. Plus, it shows you’re serious about joining the Talbot team!
How to prepare for a job interview at American International Group
✨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 be leading teams and influencing strategy. Prepare examples of how you've successfully led teams in the past, especially in a matrixed organisation. Highlight your ability to develop strategic direction and enhance business relationships.
✨Prepare for Regulatory Questions
Expect questions about your experience with regulatory bodies like the PRA and FCA. Be ready to discuss how you've managed regulatory visits and your approach to maintaining effective relationships with these authorities. This will demonstrate your readiness for the role's responsibilities.
✨Design a Compliance Training Programme
Think about how you would design a compliance training programme for Talbot. Be prepared to discuss your ideas during the interview, as this shows initiative and a proactive approach to compliance. It also highlights your understanding of the importance of training in maintaining compliance standards.
