Compliance Assistant - London, United Kingdom - PRO Insurance Solutions

PRO Insurance Solutions
PRO Insurance Solutions
Verified Company
London, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description
Pro MGA Solutions Ltd ('Pro.
MS') currently have a new opportunity for a Compliance Assistant to join their growing team.

Pro MGA Solutions Ltd. ('Pro.
MS') was established in 2016 and provides a bespoke and/or packaged solution to stakeholders in the Delegated Underwriting Authority (DUA) sector covering;

  • Incubation of startup and/or existing MGAs
  • MGA Facility whereby Pro.
MS uses its regulatory licenses to trade as an MGA on behalf of its client(s)

  • DUA oversight & management for Risk Capital providers
  • Product distribution platforms for Risk Capital Markets
Utilising the various offices within the Pro network, Pro.

MS is able to deliver multi-territory solutions, supporting local underwriting teams supported by regional and centralised delivery centres across multiple time zones.

The service provides Risk Capital the support required to manage their DUA portfolios as well as a local trading platform offering their products to local distribution partners.


Pro operates a hybrid working policy and this role will predominantly be working from home, with weekly travel to the London office or as required.


The Role
The role is centred on supporting the existing compliance team and oversight of Pro MGA and clients.

To ensure that clients remain compliant, provide effective support to devise and embed the appropriate controls that drive professional behaviour through practical and achievable good business practices.


The role will require close communications across all stakeholders to ensure a good understanding of the business, its operations, and activities.

The position will work alongside Account Manager(s) to develop relationships with clients and to attain understanding of regulatory and compliance matters in the delegated authority arena.

The role is supported by specialist regulatory colleagues and external partners.


Main Responsibilities:

To support the Compliance Manager in the following areas:

  • To provide administration support to maintain appropriate systems and controls to ensure that the firm meets its regulatory requirements
  • To ensure documentation and systems are properly administered and regularly reviewed.
  • To support the changes identified to the Compliance framework

Knowledge, behaviours and skills required:


  • Evident interpersonal and relationshipbuilding skills; able to work within and promote a collegiate culture.
  • Planning and organisation skills with the ability to prioritise workloads.
  • Effective communication and interpersonal capabilities.
  • Ability to produce accurate and clear documentation.
  • Willingness to learn and be challenged.
  • Able to effectively manage workload and competing priorities.
  • Strong attention to detail and high level of accuracy.
  • Ability to independently research issues and assess the findings.

Job Types:
Full-time, Permanent


Salary:
£24,000.00-£27,000.00 per year


Benefits:


  • Company pension
  • Cycle to work scheme
  • Life insurance
  • Private dental insurance
  • Private medical insurance
  • Referral programme
  • Relocation assistance

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Yearly bonus

Work Location:
In person
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