At a Glance
- Tasks: Manage regulatory risks and ensure compliance with financial and trade sanctions.
- Company: Dynamic insurance firm in London focused on compliance excellence.
- Benefits: Competitive contract salary, professional development, and a collaborative work environment.
- Other info: Opportunity to build relationships with regulators and enhance your career in compliance.
- Why this job: Play a key role in shaping compliance practices and making a real impact.
- Qualifications: Degree level education and experience in legal/compliance within the insurance sector.
The predicted salary is between 55000 - 65000 £ per year.
To manage the regulatory risk associated with the business through the management of its relationship with the regulator(s), promotion of best practice, monitoring and development of procedures, monitoring of regulatory developments and reporting to senior management.
Location: London
Category: Compliance
Type: Contract
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.
Education: Education to degree level or equivalent.
Qualifications: Appropriate industry professional qualification or legal qualification would be desirable.
Experience: 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 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compliance Analyst – 29746
✨Tip Number 1
Network like a pro! Reach out to folks in the compliance and insurance sectors on LinkedIn. A friendly message can go a long way in getting your foot in the door.
✨Tip Number 2
Prepare for interviews by brushing up on current regulatory developments. Show that you’re not just knowledgeable but also passionate about compliance and how it impacts the business.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Senior Compliance Analyst – 29746
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Compliance Analyst role. Highlight your experience in managing regulatory risks and working with underwriters, as this will show us you understand the key duties of the position.
Showcase Relevant Experience: When writing your application, emphasise your relevant experience in the insurance sector, especially any roles that involved compliance or legal work. We want to see how your background aligns with our needs!
Be Clear and Concise: Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read through your qualifications and experiences. We appreciate a straightforward approach!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining the StudySmarter team!
How to prepare for a job interview at The Emerald Group
✨Know Your Regulations
Make sure you brush up on the latest FCA and PRA regulations before your interview. Being able to discuss these confidently will show that you’re not just familiar with compliance but are also proactive about staying updated.
✨Showcase Your Experience
Prepare specific examples from your past roles where you successfully managed regulatory risks or resolved compliance issues. This will help demonstrate your hands-on experience and problem-solving skills in a real-world context.
✨Build Rapport
Since this role involves liaising with underwriters and regulators, practice how you can build effective working relationships. Think of ways to convey your interpersonal skills during the interview, perhaps by sharing anecdotes of successful collaborations.
✨Prepare for Scenario Questions
Expect scenario-based questions related to sanctions and compliance dilemmas. Practise articulating your thought process and decision-making strategies, as this will highlight your analytical skills and adherence to best practices.