Compliance Monitoring Manager - London, United Kingdom - MERJE Ltd

MERJE Ltd

Verified Company

London, United Kingdom

4 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

A newly created role working for this global provider of specialty insurance and reinsurance products.

The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, credit & political risk, and other specialty; reinsurance: property reinsurance, property retrocession, specialty reinsurance,whole account/multi-class.

Role purpose

Reporting to the Head of UK Compliance, the role represents an exciting opportunity to be responsible for overseeing and managing the monitoring programme in order to provide assurance on the adequacy of systems and controls and to support the Head of UKCompliance in the management of the Compliance team.

Duties and Responsibilities

Designing the annual Compliance Monitoring Plan in line with the annual Compliance Risk Assessment.
Undertaking the annual review of policies, procedures and guidance documents as they relate to Compliance Monitoring.
Performance of second line Compliance Monitoring activities across all departments.
The preparation of both individual monitoring reports and the quarterly Compliance Monitoring Report.
Liaising with the Coverholder Audit Manager to provide Compliance insight and support for external audits of binders.
Taking the lead on planning and completing adhoc projects in relation to Compliance monitoring and associated matters.
Act as the compliance representative for the Delegated Performance Management Group.

Essential skills, knowledge and experience

Compliance monitoring experience in the London Insurance market, knowledge of international licensing is essential.
Strong written and spoken communication skills to enable communication at all levels.
Strong analytical, research and reporting skills.
Ability to handle a varied workload and competing priorities.
Knowledge of the regulatory landscapes outside of the UK.
Analytical with a strong attention to detail.
Ability to support success and timely delivery in a complex, multidisciplinary environment.
Has personal drive and resilience in established and new/changing situations.
If you would like this job advertisement in an alternative format, please contact MERJE directly._