Overview

Fantastic opportunity to join a Leading Lloyd’s Broker as an Assistant to the Head of Risk & Compliance. Location: Preferably Southend, with London also available. Sector: Insurance – Compliance Officer. Salary: Up to £50,000. Job Type: Permanent.

Organisation Description

An established Lloyd’s broker, with offices in the City and Southend, is seeking an Assistant to the Head of Risk & Compliance to join their distinguished team. This reputable broker is renowned for its exceptional service and commitment to excellence.

Why This Role Stands Out

This role offers a unique chance to grow within a respected Lloyd’s insurance broker. The successful candidate will benefit from a dynamic work environment, engaging in diverse tasks and contributing to the company\'s compliance and risk management strategies. The organisation is dedicated to continuous professional development, providing study support for relevant qualifications.

Key Responsibilities

• Conduct compliance monitoring and audits of significant business processes.
• Ensure adherence to compliance requirements.
• Monitor, analyse, and communicate new regulatory developments.
• Provide guidance on financial promotions.
• Implement oversight and audit requirements in accordance with SYSC rules.
• Develop and lead the Compliance Plan as agreed by the Board.
• Support and assist the AML Officer as needed.
• Lead projects and develop implementation plans.
• Create and develop internal policies and procedures.
• Manage the breach register and ensure resolutions.
• Assist the Board in identifying, managing, and mitigating risks.
• Liaise with regulators (e.g., FCA) or Lloyd’s regarding queries or issues.
• Facilitate insurer and client audits or reviews.
• Collate data and complete filings for Lloyd’s and the FCA.
• Attend external training events to enhance knowledge.
• Review and submit new clients and insurers for approval.
• Prepare necessary paperwork, conduct sanctions checks, and contact clients and brokers for documentation.
• Keep client and insurer lists up to date.
• Review company procedures to ensure FCA compliance.
• Conduct file checks in both Southend and London, reporting back to Management.
• Update the Gift & Expenses Register.
• Assist in preparing and implementing staff training programmes.
• Handle general office duties such as answering the telephone, scanning, and filing.
• Manage incoming and outgoing post, faxes, and emails.
• Assist with ongoing projects.

Candidate Profile

• Previous Compliance experience from the Insurance market
• Strong computer skills, particularly with Microsoft Word, Excel, and Outlook.
• Excellent communication and organisational skills.
• The ability to manage time, prioritise tasks, and meet deadlines without compromising quality.
• Proficiency in understanding and executing oral and written instructions.
• Professional and effective communication skills, both verbally and in writing.