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    Senior Compliance Analyst - City of London, Greater London, United Kingdom - HFG

    HFG
    HFG City of London, Greater London, United Kingdom

    1 week ago

    Default job background
    Description

    A successful MGA that operates in the Lloyd's and Company markets is currently seeking an insurance compliance specialist with product governance experience to join on a 12 month fixed-term contract.

    Duties include:

    • Take the lead in maintaining existing company licenses and prepare applications for licenses in new jurisdictions.
    • Engage with business to ensure compliance policies/procedures are understood and embedded accordingly and stakeholders are aware of applicable regulatory and legal developments.
    • Take the lead representing compliance on key business projects.
    • Assist with the compiling compliance reporting and management information to relevant committees.
    • Support the delivery of external regulatory reporting undertaken by compliance to ensure it is prepared accurately and submitted in a timely manner.
    • Analysing Line 1 management information, key performance indicators and risk metrics to identify any potential indicators which increase regulatory exposure.
    • Keep up to date with external regulatory developments
    • Support with maintaining compliance owned policies, procedures, and risk assessments.
    • Assist with the delivery of the face-to-face UK Compliance Induction training.
    • Advise internal stakeholders on management of potential conflicts.
    • Performing a Line 2 Compliance review of new and existing binding authority products.
    • Review draft complaint final response letters and providing guidance and sign-off to third-parties.
    • Liaising with Line 1 Claims team in overseeing Delegated Claims Authority (DCA) conduct related performance.
    • Providing Line 2 Compliance advice and independent challenge as part of the product approval process in reviewing fair value assessments, product submissions and customer journey

    As this is a contract role, you will need insurance compliance experience to be considered.

    #J-18808-Ljbffr

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