At a Glance
- Tasks: Support compliance queries and guide the business in meeting legal obligations.
- Company: Leading firm in the insurance sector with a focus on compliance.
- Benefits: Permanent position with competitive salary and opportunities for professional growth.
- Other info: Opportunity to work in a collaborative environment with career advancement potential.
- Why this job: Join a dynamic team ensuring compliance while making a real impact in the insurance industry.
- Qualifications: Experience in compliance, understanding of FCA regulations, and knowledge of the insurance market.
The predicted salary is between 55000 - 65000 £ per year.
The purpose of this position is to support the Risk Management & Compliance Support Department (“RMCS”) and MRS-NA BA’s Board of Management in advising the business and delivering key legal and regulatory obligations to ensure MRS-NA BA continues to meet its legal and regulatory requirements.
Location: London
Category: Compliance
Type: Permanent
General Duties and Responsibilities- Be a first contact for general compliance queries, to resolve quickly and efficiently.
- Guide and assist the business in delivering the correct outcomes for their clients and important partners whilst ensuring the appropriate balance is struck between the commercial interests of MRS-NA BA; the goals of the FCA and the interests of their clients.
- Conduct horizon scanning, notably UK and US regulation, to identify any regulatory change.
- Work with the Head of Risk & Compliance and the business to implement, embed and provide ongoing monitoring of legal and regulatory developments, identifying opportunities to collaborate with Group businesses and use existing skills and processes wherever possible.
- Be the subject matter expert and lead the project to implement additional regulatory requirements under the Senior Managers & Certification Regime for Enhanced Scope firms within the transitional period.
- In-depth understanding of the insurance market and placing process is necessary.
- In-depth understanding of the FCA handbook as it relates to solo-regulated insurance intermediaries is essential, in particular PRIN, SYSC, COCON, COND, FIT, TC, PROD, ICOBS and SUP.
- Experience working in a regulated environment is essential, preferably within an insurance intermediary or insurance company.
- Experience with US surplus lines business is preferred but not essential.
Senior Compliance Analyst – 28808 employer: The Emerald
As a Senior Compliance Analyst at MRS-NA BA in London, you will join a dynamic team dedicated to upholding the highest standards of compliance and risk management. Our supportive work culture fosters collaboration and innovation, providing ample opportunities for professional growth and development within the regulatory landscape. With a focus on employee well-being and a commitment to maintaining a balanced approach between commercial interests and client needs, MRS-NA BA is an excellent employer for those seeking meaningful and rewarding careers in compliance.
