At a Glance
- Tasks: Support compliance by managing international trade sanctions and conducting risk assessments.
- Company: Gallagher Re, a leader in reinsurance with a collaborative culture.
- Benefits: Competitive pay, comprehensive benefits, career development, and a people-first environment.
- Other info: Hybrid working model with opportunities for flexible arrangements.
- Why this job: Make a real impact in global compliance while working with innovative teams.
- Qualifications: Experience in insurance trade sanctions and strong communication skills required.
The predicted salary is between 49500 - 60500 £ per year.
At Gallagher Re, we bring clarity to complexity by helping clients around the world make confident, data-driven decisions in a rapidly evolving risk landscape. Here, you’ll be part of a team that leverages world-class analytics and deep reinsurance expertise to deliver strategic advisory services and transactional excellence.
Gallagher Re is seeking a Sanctions Analyst to join our growing compliance function, supporting the business in managing complex international trade sanctions and regulatory requirements across our global reinsurance operations. This role will play a critical part in providing sanctions guidance, conducting risk assessments, and ensuring adherence to applicable sanctions regimes while enabling the business to operate effectively and compliantly.
We are looking for previous Insurance Trade Sanctions experience, ideally gained within the Marine and Aviation areas, although broader insurance sanctions expertise will also be considered. The successful candidate will need to have a proven understanding of sanctions regulations, screening processes, and the practical application of sanctions controls within an insurance or reinsurance environment.
We offer hybrid working and the expectation is to be in our London office 2 - 3 days a week and the role will work closely with the Sanctions Manager and the Financial Crime Team to provide expert advice and support on sanctions compliance. You’ll help the business identify, assess, and manage risks while ensuring adherence to legal and regulatory requirements.
How you'll make an impact:
- Supporting the development and maintenance of a sanctions compliance framework.
- Researching and advising on sanctions-related issues, including legal and regulatory updates.
- Responding to complex queries and providing clear, practical guidance to colleagues and stakeholders.
- Assisting with financial crime projects and contributing to business-led initiatives.
- Acting as a point of escalation for sanctions screening alerts.
About You:
- A degree or equivalent experience.
- Proven understanding of UK, EU, and US sanctions regulations and a background in the (re)insurance sector.
- Excellent communication skills, with the ability to simplify complex issues.
- A proactive approach to problem-solving and a focus on client service.
- Experience in trade sanctions is a necessity and if this has been gained working with Marine and Aviation clients, that would be preferable, however we are open to speaking with people with more general insurance expertise across Trade Sanctions.
- You must be eligible to work in the UK.
At Gallagher, we believe supporting our colleagues goes far beyond the role itself. We offer competitive compensation, comprehensive benefits programs designed to support your well-being, career development opportunities, and a collaborative, people-first culture with accessible leadership.
Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled).
Sanctions Analyst- Insurance Trade Sanctions employer: Arthur J. Gallagher & Co.
At Gallagher Benefit Services, we pride ourselves on being an exceptional employer that champions a collaborative and people-first culture. As a Business Development Director in our Change & Transformation practice, you'll enjoy competitive compensation, comprehensive benefits, and ample opportunities for career development while making a meaningful impact on businesses and their employees. Join us in a dynamic environment where your ideas are valued, and you can thrive alongside a community of trusted experts and bold explorers.
StudySmarter Expert Advice🤫
We think this is how you could land Sanctions Analyst- Insurance Trade Sanctions
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Arthur J. Gallagher & Co.). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Arthur J. Gallagher & Co.. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Sanctions Analyst- Insurance Trade Sanctions
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Arthur J. Gallagher & Co..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Arthur J. Gallagher & Co.. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Arthur J. Gallagher & Co.
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Arthur J. Gallagher & Co. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Arthur J. Gallagher & Co., they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Arthur J. Gallagher & Co.'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
