About us
Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.
We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.
Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.
The role
The Senior Compliance Monitoring Officer will be responsible for executing monitoring tasks against the Group Compliance Monitoring & Reporting Plan. Group Compliance Monitoring plays a critical role as the 2nd line of defense in monitoring the effectiveness of Aspens risk controls. Our Aspen Values are expected to be reflected in the delivery and performance of every role.
Key accountabilities
- Contribute to the implementation and delivery of the Annual Group Compliance Monitoring & Reporting Plan.
- Assist in the creation, maintenance, and enhancement of monitoring-based metrics.
- Perform monitoring tasks aligned to Aspens key Compliance Risks.
- Perform and deliver assigned assurance activities which may result in risk and control improvements for the first line.
- Analyze trends and patterns in gaps of key compliance risks and provide feedback to compliance teams.
- Advise the first line on corrective action plans, perform independent validation as needed.
- Support the Group Head of Compliance Monitoring & Reporting with regular reporting regarding the effectiveness of the compliance control environment.
- Promote a sound culture of compliance by raising awareness of compliance matters and encouraging commitment to compliance with applicable laws and regulations.
- Liaise with relevant business groups in order to establish, support and maintain business relationships and organizational effectiveness.
- Support other Risk and Compliance functions as needed.
Skills & experience
- Bachelor’s Degree or equivalent
- Excellent organizational skills with attention to details.
- Relevant compliance and/or re/insurance audit experience.
- Strong knowledge of the re/insurance industry within an international organization.
- Demonstrates the ability to work well within a global team and manage priorities appropriately.
- Recognize compliance or regulatory concerns that require escalation.
- Skilled at communicating compliance and regulatory issues to key stakeholders, both verbally and in writing.
Other
We're committed to making Aspen a great place to work, where you're rewarded and recognised for your efforts. As well as your pay and discretionary performance related bonus, you'll also enjoy a huge range of benefits. There are plenty of options available with our exciting benefits package, designed for your health, your family and to help ensure that you enjoy the most from your lifestyle.
Senior Compliance Monitoring Officer in London employer: Aspen Insurance
Aspen is an exceptional employer that fosters a dynamic and inclusive work environment, where respect, honesty, trust, and professionalism are at the core of our values. As an Actuary in our UK Actuarial Function, you will have the opportunity to engage in meaningful projects, develop your skills, and collaborate with talented colleagues while being rewarded for your achievements. Our commitment to employee growth and a supportive culture makes Aspen a fantastic place to advance your career in the insurance industry.
