At a Glance
- Tasks: Support compliance oversight and contribute to regulatory monitoring and reporting.
- Company: Join a leading Lloyd's managing agent with a focus on compliance excellence.
- Benefits: Competitive salary and an initial 9-month contract for career growth.
- Other info: Be part of a dynamic team with opportunities for professional development.
- Why this job: Make a real impact in the insurance sector while developing your compliance skills.
- Qualifications: Experience in compliance within the Lloyd's market and knowledge of FCA/PRA requirements.
The predicted salary is between 40000 - 50000 £ per year.
This role supports the compliance function of a Lloyd's managing agent client, working as part of an embedded third-party team. The Compliance Analyst provides day-to-day compliance oversight, assists with regulatory horizon scanning, and contributes to the maintenance of compliance frameworks and monitoring programmes.
Key Responsibilities- Support the delivery of the compliance monitoring programme, including thematic reviews and control testing
- Maintain compliance policies, procedures, and registers, ensuring they reflect current regulatory requirements
- Assist with the preparation of compliance reports for senior management and relevant committees
- Provide guidance to business areas on FCA, PRA, and Lloyd's regulatory obligations
- Monitor regulatory developments and assist in assessing their impact on the business
- Support the management of regulatory change, including gap analyses and implementation tracking
- Assist with responses to regulatory queries, information requests, and Lloyd's Market Oversight interactions
- Identify compliance process improvements and contribute to control environment enhancements
This role is placed and managed by a specialist third-party managing agent. Candidates will be embedded directly into the client's team.
Requirements- Compliance experience within the Lloyd's or London company market
- Working knowledge of FCA and PRA requirements applicable to managing agents and syndicates
- Familiarity with Lloyd's Minimum Standards and the Lloyd's compliance framework
- Experience conducting compliance monitoring or thematic reviews
- Comfortable producing clear written outputs including reports, gap analyses, and policy documentation
- Competent with Microsoft 365; experience with compliance management tools an advantage
- Competitive salary
- Initial 9-month contract
Compliance Analyst - Insurance in Gloucester employer: G MASS
As a Compliance Analyst within a leading Lloyd's managing agent, you will thrive in a dynamic and supportive work environment that prioritises compliance excellence and professional growth. Our culture fosters collaboration and innovation, offering you the chance to engage with regulatory developments while enhancing your expertise in the insurance sector. With competitive remuneration and opportunities for career advancement, this role is perfect for those seeking meaningful contributions in a prestigious London-based firm.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Analyst - Insurance in Gloucester
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like G MASS when they’re searching for someone to fill a temporary position.
✨Tap into Recruitment Agencies
Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from G MASS!
We think you need these skills to ace Compliance Analyst - Insurance in Gloucester
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Compliance Analyst - Insurance, make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at G MASS. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at G MASS
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at G MASS.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit G MASS in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at G MASS.
