At a Glance
- Tasks: Support compliance monitoring and regulatory reporting while gaining broad exposure across the compliance function.
- Company: Specialist London Market insurance broker with a strong international presence.
- Benefits: Competitive salary, hybrid work model, and clear career progression to Compliance Officer.
- Other info: Opportunity for professional growth and development within a supportive team.
- Why this job: Kickstart your compliance career in a dynamic environment with real impact on the insurance industry.
- Qualifications: Experience in commercial insurance broking and a keen interest in compliance.
The predicted salary is between 40500 - 49500 £ per year.
An excellent opportunity has arisen with a specialist London Market insurance broker, part of a wider international insurance group, for a Compliance Analyst to join its growing compliance function.
This is a particularly good opportunity for someone with insurance broking experience who has developed an interest in compliance and is looking to build a long-term career within the function.
The role will work closely with the existing Compliance Officer, supporting the delivery of the Compliance Monitoring Plan, Quality Assurance framework, regulatory reporting and management information across the business. Crucially, there is a clear pathway to progress into a Compliance Officer position. This role is designed for someone who wants to develop their technical compliance knowledge, take on increasing responsibility and progress their career rather than remain at an analyst level.
What you'll be doing
- Supporting the Compliance Monitoring Plan, particularly Quality Assurance across broking, claims and underwriting
- Monitoring compliance with FCA, Group and internal policies and procedures
- Supporting regulatory horizon scanning and assessing the impact of regulatory change
- Supporting Consumer Duty and Product Governance activity
- Assisting with FCA regulatory reporting and management information
- Preparing MI and reports for senior management and Board-level stakeholders
- Supporting product reviews and Product Governance data collection
- Monitoring financial crime, sanctions, financial promotions and conflicts of interest
- Supporting the investigation and management of complaints, breaches and errors & omissions
- Maintaining risk and control registers
- Supporting compliance training across the business
- Attending the monthly Quality Assurance Committee
- Helping maintain effective systems and controls across the business
What we're looking for
- Insurance broking experience is important for this role.
- We're particularly interested in candidates who understand how a commercial insurance broker operates, how risks are placed and distributed, and the regulatory considerations that come with working within the London Market.
- You may already be working in a compliance role, or you could be coming from a broking, QA, risk or governance background and looking to make a move into compliance.
- Experience within commercial insurance broking / the London Market
- An understanding of how commercial insurance is placed and the distribution chain
- Some exposure to compliance monitoring, QA, risk or governance
- An understanding of the key regulatory risks facing insurance brokers
- Good communication skills and the confidence to work with stakeholders across the business
- A genuine interest in developing a career in compliance
Compliance Analyst in London employer: IDEX Consulting Ltd
IDEX Consulting Ltd is an excellent employer that values innovation and integrity, offering a dynamic work culture where compliance and operational excellence are at the forefront of business growth. With flexible working arrangements and a commitment to employee development, team members are empowered to shape processes and drive meaningful change within the insurance sector. Join us in a role that not only challenges you but also rewards your contributions in a supportive environment.
