Assistant Compliance Manager - London Market Insurance

London/Hybrid

£70,000 - £90,000

A well-established London Market insurance business is looking to hire a Assistant Compliance Manager to support the ongoing development and delivery of its Compliance framework. This role will play a key part in ensuring the business operates in line with Lloyd’s, FCA and PRA regulatory requirements, while promoting a strong compliance culture across the organisation.

Key duties

• Support the development and delivery of the Compliance Framework and Annual Compliance Plan


• Conduct sanctions, broker & coverholder due diligence


• Assist in managing compliance breaches, incidents and near misses


• Support regulatory reporting processes and compliance monitoring activities


• Provide support on regulatory compliance matters across the business


• Support SMCR processes and governance reporting


• Assist with committee and governance forums, including preparation of papers


• Engage with internal stakeholders across underwriting, operations and risk functions


• Support the delivery of compliance training


• Help promote a strong compliance culture across the organisation

Experience Required

• Current experience working within a Compliance function in the London Insurance Market (essential)


• Good understanding of UK insurance regulation, including the FCA Handbook


• Experience supporting conduct risk, sanctions, or regulatory compliance activities


• Strong analytical, organisational and communication skills


• Comfortable engaging with stakeholders across the business