Senior Compliance Advisor - London
Senior Compliance Advisor - London

Senior Compliance Advisor - London

London Full-Time 48000 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Guide compliance and regulatory matters, ensuring robust frameworks across the UK, Europe, and Bermuda.
  • Company: Join AXIS Capital, a leader in specialty lines 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 Lloyd's and London General Insurance Market.
  • Other info: Flexible work environment with opportunities for international travel.

The predicted salary is between 48000 - 72000 £ 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. This means that we bring our whole selves to work.

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. to employees, with the support of Compliance Operations, in a manner that is appropriate to their role and seniority.
  • 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.
  • Assist 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, SMCR, 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

AXIS Capital is an exceptional employer that fosters a collaborative and inclusive work environment, where employees are empowered to bring their authentic selves to work. With a strong commitment to professional development, AXIS offers numerous growth opportunities and a comprehensive benefits package, including health and wellness programs, retirement plans, and tuition reimbursement. Located in London, the company stands out for its entrepreneurial spirit and ethical corporate culture, making it an ideal place for those seeking meaningful and rewarding careers in the insurance and reinsurance industry.
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Contact Detail:

Axis 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 the AXIS team. So, get your application in and let’s make this happen!

We think you need these skills to ace Senior Compliance Advisor - London

Compliance Experience
Regulatory Engagement
Understanding of PRA, FCA, and Lloyd's Rules
Regulatory Returns Knowledge
SMCR Compliance
Conduct Risk Knowledge
Regulatory Horizon Scanning
Presentation Skills
Interpersonal Skills
Stakeholder Relationship Management
Attention to Detail
Adaptability
Proficiency in Microsoft Office (PowerPoint, Excel, SharePoint)
Continuous Learning
Knowledge of Specialty Insurance Products

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Compliance Advisor role. Highlight your compliance experience, especially within the Lloyd's and London General Insurance Market, and showcase how your skills align with what AXIS is looking for.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance and how your background makes you a perfect fit for AXIS. Don’t forget to mention your understanding of PRA, FCA, and Lloyd's rules!

Showcase Your Interpersonal Skills: Since this role involves building strong stakeholder relationships, make sure to highlight your interpersonal skills in your application. Share examples of how you've successfully collaborated with teams or presented compliance topics in the past.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from AXIS!

How to prepare for a job interview at Axis

✨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. They’ll want to see that you can provide expert guidance on regulatory matters.

✨Showcase Your Presentation Skills

Since you'll be representing the Compliance function in various committees, practice presenting compliance topics clearly and confidently. Prepare a few examples from your past experiences where you successfully communicated complex compliance issues to stakeholders.

✨Build Rapport with Interviewers

AXIS values strong interpersonal skills, so focus on building a connection with your interviewers. Be personable and engage them in conversation about their experiences at the company. This will show that you’re not just about compliance but also about teamwork and collaboration.

✨Prepare for Scenario Questions

Expect scenario-based questions that test your problem-solving skills in compliance situations. Think of specific instances where you’ve had to navigate regulatory challenges or manage stakeholder relationships, and be ready to discuss your thought process and outcomes.

Senior Compliance Advisor - London
Axis
Location: London
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  • Senior Compliance Advisor - London

    London
    Full-Time
    48000 - 72000 £ / year (est.)
  • A

    Axis

    50-100
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