At a Glance
- Tasks: Guide underwriters on compliance with financial and trade sanctions, ensuring adherence to regulations.
- Company: Leading insurance firm focused on compliance and governance.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to build relationships with regulators and enhance your career in compliance.
- Why this job: Join a dynamic team making a real impact in the insurance sector.
- Qualifications: Degree level education and experience in legal/compliance within the insurance industry.
The predicted salary is between 50000 - 60000 € per year.
Overview
Key Duties (Including but not limited to):
- Provide up-to-date guidance to underwriters to ensure business is written in accordance with Lloyd’s domestic and international licensing arrangements.
- Provide up-to-date guidance to underwriters and claims staff to ensure adherence to applicable financial and trade sanctions measures imposed by UN resolutions and EU, UK and US sanctions legislation.
- Decide on a resolution of sanctions related enquiries as presented by underwriters and claims staff in accordance with the Company’s Financial Crime Policy and Procedures and under the oversight of the Head of Compliance.
- Responsible for collating and preparing the monthly Compliance Reports for, and be a member of, the Company Underwriting Governance Committee.
Qualifications Required
- Education to degree level or equivalent.
- Appropriate industry professional qualification or legal qualification would be desirable.
Experience Required
- Relevant experience of working within insurance sector in a legal/compliance role with a thorough understanding of FCA and PRA legal and international insurance compliance issues including financial crime and licensing.
- Able to build effective working relationships at all levels both internally and with external regulators and third parties.
Senior Compliance Analyst – 29746 in London employer: The Emerald Group Ltd, Search and Selection
As a Senior Compliance Analyst at our esteemed company, you will thrive in a dynamic work environment that prioritises integrity and compliance within the insurance sector. We offer competitive benefits, a collaborative culture that fosters professional growth, and opportunities to engage with industry leaders, all while being part of a team dedicated to upholding the highest standards of regulatory adherence. Join us in our London office, where your expertise will contribute to meaningful compliance initiatives that shape the future of our business.
Contact Detail:
The Emerald Group Ltd, Search and Selection Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compliance Analyst – 29746 in London
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance sector, especially those who work in compliance. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA and PRA regulations. We want you to be the go-to person for compliance questions, so show off your expertise when it counts!
✨Tip Number 3
Don’t forget to showcase your relationship-building skills! Whether it's with underwriters or regulators, highlight your ability to connect and collaborate effectively during your interviews.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Compliance Analyst – 29746 in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Compliance Analyst role. Highlight your relevant experience in the insurance sector and any compliance-related qualifications you have. We want to see how your background aligns with our needs!
Showcase Your Skills:In your cover letter, don’t just list your skills—show us how you've used them in real situations. Whether it’s dealing with financial crime or navigating complex regulations, give us examples that demonstrate your expertise.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate straightforward communication, especially in compliance roles where clarity is key. Avoid jargon unless it’s necessary!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It helps us keep track of applications and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of FCA and PRA regulations, as well as international insurance compliance issues. Being able to discuss these topics confidently will show that you're not just familiar with the basics but have a solid grasp of the complexities involved.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific compliance scenarios or sanctions-related enquiries. Think through some examples from your past experience where you successfully navigated similar challenges, and be ready to share those stories.
✨Showcase Your Relationship-Building Skills
Since this role involves working closely with underwriters and external regulators, be prepared to discuss how you've built effective working relationships in the past. Highlight any collaborative projects or initiatives that demonstrate your ability to connect with various stakeholders.
✨Get Familiar with the Company’s Policies
Before the interview, take some time to review the company's Financial Crime Policy and Procedures. Understanding their specific guidelines will not only help you answer questions more effectively but also show your genuine interest in the role and the company.
