At a Glance
- Tasks: Support compliance across UK, Europe, and Bermuda, ensuring regulatory adherence.
- Company: Join AXIS Capital, a leader in specialty insurance with a strong ethical culture.
- Benefits: Enjoy competitive pay, health plans, wellness programmes, and tuition reimbursement.
- Why this job: Make a real impact in compliance while working with top industry professionals.
- Qualifications: 5-7 years of compliance experience in the insurance market is essential.
- Other info: Flexible work environment with opportunities for international travel.
The predicted salary is between 48000 - 72000 ÂŁ per year.
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
This role supports the AXIS Compliance function across the UK, Europe and Bermuda to maintain, enhance and execute a robust compliance framework to provide evidence-based assurance of compliance with applicable regulatory compliance. The AXIS Compliance function operates within a cross-jurisdictional framework with strong collaboration across the wider Compliance team and other business areas. Reporting to the Compliance SMF‑16 for AXIS Managing Agency Limited (“AMAL”), the role holder will assist the Compliance function in all aspects of the Compliance Universe.
What will you do in this role?
- Provide expert guidance to the business on compliance and regulatory matters, including governance, outsourcing, operational resilience, licensing, conduct risk etc.
- Contribute to the quality, timely, and concise reporting to the legal entity Boards, Executive Management, and provide reports to any other applicable governance forum.
- Represent the Compliance function in various Committees and Working Groups, presenting on Compliance matters and providing robust challenge to the business.
- Support the development and maintenance of relationships with the various regulators, as well as assisting with regulatory communications, applications and inspections, ensuring that any follow up actions are addressed.
- Attend and contribute to Lloyd’s, IUA, LMA, and other market committees and forums, where appropriate, to ensure the Company keeps abreast of regulatory and market developments.
- Provide support in the annual Principles for Doing Business at Lloyd’s Board attestation process by guiding the business, where needed.
- Prepare and co-ordinate regulatory returns.
- Ensure SMCR compliance and support the business with Senior Manager Function regulatory applications.
- Contribute to the delivery of the annual Compliance Plan, including compliance monitoring and assurance activities.
- Assisting with the interpretation and implementation of new or amended regulation, legislation or codes of conduct with impacted business teams, including LITA alerts.
- Conduct tailored training with business areas and provide input into system-based eLearning regulatory training.
- Contribute to maintaining and embedding compliance policies and procedures across the business.
- Assist the Financial Crime team with sanction queries and enhancements to the Financial Crime framework.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table, so whilst there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
- 5-7 years of compliance experience within the Lloyd’s and London General Insurance Market.
- Experience, directly or supporting, regulatory engagement.
- Strong understanding of PRA, FCA, and Lloyd’s rules and guidance.
- Knowledge and practical experience with regulatory returns, SM&CR, and Conduct Risk.
- Experience with regulatory horizon scanning process, including the identification, summarising, and circulation of key regulatory developments.
- Proven track record of presenting compliance topics at governance committees.
- Excellent interpersonal skills with ability to build strong stakeholder relationships and adapt to the needs of the business.
- Capable of managing deliverables independently to a high standard, with strong attention to detail, adaptability in fast-paced environments, and a commitment to continuous learning.
- Proficiency in Microsoft Office applications, particularly PowerPoint, Excel, and SharePoint.
- Familiarity with AI solutions is desirable.
What we prefer you to have:
- Degree-level qualification in Law, Business, Insurance, Risk Management, or equivalent, and/or insurance/compliance certifications.
- Knowledge of international regulatory bodies and their requirements.
- Understanding of specialty insurance products within the Lloyd’s of London and Irish insurance markets such as Cyber, Marine, and Accident & Health.
- Experience working within a global (re)insurance group with a presence in Europe.
- A foundation-level awareness of Sanctions, to support the wider Compliance team with the management of sanctions queries during peak times.
- Experience designing and executing monitoring/assurance activities.
Role Factors:
In this role, you will typically be required to attend the London office 3 days per week. You may be required to infrequently travel internationally.
What we offer:
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
Senior Compliance Advisor - London employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compliance Advisor - London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the compliance field. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to current employees at AXIS Capital. A friendly chat can sometimes lead to job opportunities that aren’t even advertised!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of PRA, FCA, and Lloyd’s rules. Make sure you can discuss how your experience aligns with the role of Senior Compliance Advisor. We want to see you shine, so practice articulating your thoughts clearly and confidently.
✨Tip Number 3
Showcase your interpersonal skills! During interviews, highlight examples of how you've built strong relationships with stakeholders. Remember, AXIS values collaboration, so demonstrating your ability to work well with others will definitely set you apart.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining AXIS Capital and being part of our amazing team.
We think you need these skills to ace Senior Compliance Advisor - London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Compliance Advisor role. Highlight your relevant experience in compliance, especially within the Lloyd’s and London General Insurance Market, to show us you’re the perfect fit!
Showcase Your Skills: Don’t just list your qualifications; demonstrate how your skills align with the job description. We want to see your understanding of PRA, FCA, and Lloyd’s rules, so give us examples of how you've applied this knowledge in your previous roles.
Be Authentic: At StudySmarter, we value individuality! Let your personality shine through in your application. Share your unique experiences and how they’ve shaped your approach to compliance and regulatory matters.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at AXIS Capital
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of PRA, FCA, and Lloyd’s rules. Be ready to discuss how your experience aligns with the compliance framework at AXIS Capital, and think of specific examples where you've successfully navigated regulatory challenges.
✨Showcase Your Stakeholder Skills
Since this role involves building strong relationships, prepare to share instances where you've effectively communicated with stakeholders. Highlight your interpersonal skills and adaptability, especially in fast-paced environments, as these will be key to your success.
✨Prepare for Governance Discussions
You might be asked about your experience presenting compliance topics at governance committees. Think of a time when you had to challenge the business on compliance matters and how you handled it. This will demonstrate your ability to contribute meaningfully to the Compliance function.
✨Stay Updated on Regulatory Developments
Familiarise yourself with recent regulatory changes and how they impact the insurance market. Being able to discuss current trends and your approach to horizon scanning will show that you're proactive and engaged in the compliance landscape.