Compliance Analyst in London

Compliance Analyst in London

London Full-Time 50000 - 65000 £ / year (est.) No working from home possible
Ki Insurance

At a Glance

  • Tasks: Support compliance efforts, monitor financial crime risks, and ensure regulatory adherence.
  • Company: Join Ki, a pioneering tech-driven insurance company transforming the industry.
  • Benefits: Competitive salary, recognition for hard work, and a dynamic work environment.
  • Other info: Collaborative culture with opportunities for professional growth and development.
  • Why this job: Be part of a revolutionary team making a real impact in the insurance sector.
  • Qualifications: Experience in compliance or financial crime within the insurance market is essential.

The predicted salary is between 50000 - 65000 £ per year.

Who are we?

Look at the latest headlines and you will see something Ki insures. Think space shuttles, world tours, wind farms, and even footballers’ legs. Ki’s mission is simple: digitally disrupt and revolutionise a 335-year-old market. Working with Google and UCL, Ki has created a platform that uses algorithms, machine learning and large language models to give insurance brokers quotes in seconds, rather than days. Ki is proudly the biggest global algorithmic insurance carrier. It is the fastest growing syndicate in the Lloyd's of London market, and the first ever to make $100m in profit in 3 years. Ki’s teams have varied backgrounds and work together in an agile, cross-functional way to build the very best experience for its customers. Ki has big ambitions but needs more excellent minds to challenge the status quo and help it reach new horizons.

Where you come in?

The Compliance Analyst supports the Compliance function in maintaining a robust regulatory and governance framework across Ki’s regulated entities. The role contributes to managing regulatory and financial crime risks through monitoring controls, analysing exceptions, and supporting policy and process development. Acting as a key support to the wider Compliance team, the Analyst provides insight, guidance, and reporting to ensure adherence to regulatory requirements. The position plays an important role in embedding a strong compliance culture while enabling business growth in a controlled and compliant manner. The role involves close collaboration with underwriting teams, senior stakeholders, and external bodies to ensure best practice is consistently applied.

What you will be doing:

  • Support the Compliance team in delivering financial crime prevention and detection activities, including maintaining a strong understanding of international sanctions regimes.
  • Develop, maintain and enhance compliance exception reporting to ensure effective coverage across all business lines.
  • Review and investigate exception reports, escalating issues where appropriate and producing clear and accurate MI and monthly reporting.
  • Assist in the delivery of compliance monitoring activities and the preparation of related reports.
  • Monitor regulatory developments and communicate relevant updates to key stakeholders, including underwriting teams and senior management.
  • Provide guidance and support to the business on licensing, sanctions and regulatory queries.
  • Act as an initial escalation point for financial crime queries, including the review of higher-risk transactions.
  • Identify emerging financial crime risks and contribute to the development and refinement of risk appetite and control frameworks.
  • Support the preparation and execution of the annual Compliance Business Plan.
  • Contribute to embedding a strong compliance culture across the organisation.
  • Build and maintain effective working relationships with internal stakeholders and external partners, including regulators where required.
  • Assist in the design and delivery of regulatory training (e.g. AML, sanctions) across the Group.
  • Support ad hoc compliance initiatives and projects as directed by the Compliance Director or senior team members.

Requirements:

  • Previous work across compliance, financial crime or sanctions within a Lloyds/London Market insurer.
  • Experience working within a Compliance function in an insurance Managing Agent or MGA environment.
  • Strong understanding of FCA and PRA regulatory frameworks, particularly within non-life insurance.
  • Knowledge of financial crime risks, including sanctions regimes and AML requirements.
  • Strong analytical skills with the ability to interpret data and identify trends or anomalies.
  • Ability to communicate clearly and effectively with a wide range of stakeholders.
  • Confident working both independently and collaboratively within a team environment.
  • Strong interpersonal skills with the ability to build effective relationships across the business and with external stakeholders.
  • Commercial awareness and understanding of the insurance market context.

Benefits:

You’ll get a highly competitive remuneration and benefits package. This is kept under constant review to make sure it stays relevant. We understand the power of saying thank you and take time to acknowledge and reward extraordinary effort by teams or individuals.

What to expect during the recruitment process:

  • Initial recruiter screening call
  • Interview with hiring manager
  • Technical Interview (this may vary depending on the role)
  • Values Interview

Compliance Analyst in London employer: Ki Insurance

Ki Insurance is an exceptional employer, offering a dynamic work environment in the heart of London that fosters collaboration and innovation. With a strong focus on employee development, we provide ample opportunities for growth within the marine insurance sector, alongside competitive benefits and a supportive culture that values teamwork and excellence. Join us to be part of a forward-thinking company that prioritises your professional journey while making a meaningful impact in the industry.

Ki Insurance

Contact Details:

Ki Insurance Recruitment Team

We think you need these skills to ace Compliance Analyst in London

Compliance Knowledge
Financial Crime Prevention
Sanctions Regimes Understanding
Regulatory Frameworks (FCA and PRA)
Analytical Skills
Data Interpretation
Reporting Skills