Compliance Officer Role at a Global Reinsurance Broker
Are you ready to take your career to the next level with a prestigious global organisation?
A young and growing Reinsurance Broker is seeking a dedicated Compliance Officer to join their dynamic team, reporting directly to the Global Head of Risk & Compliance.
This role offers the chance to work closely with the Risk & Compliance Team, providing essential support to the global Broking Teams and Corporate Functions, and acting as a business advisor and enabler.
Why is this role unique?
My client is a leading name in the insurance and reinsurance industry, known for its innovative solutions and commitment to excellence.
Joining this team means becoming part of an integrated network of specialists who bring vast experience and expertise from markets and sectors around the world.
Their ethos is centred on achieving greatness through its people, fostering a culture of equality, diversity, and inclusion.
The organisation is dedicated to developing its employees through offering tailored courses, professional development resources, coaching, and mentoring.
Role Responsibilities:
- Advising Broking Teams, Operations, Finance, and other key stakeholders on Risk & Compliance policies and procedures.
- Assisting with the drafting of Transfer of Business Agreements, Non-Disclosure Agreements, Confidentiality Agreements, and other related contractual or insurance documents.
- Handling licensing requirement queries to ensure business compliance with applicable regulatory regimes.
- Updating internal Compliance records, databases, and systems.
- Managing financial crime tasks and horizon scanning.
- Responding to intermediary questionnaires from third parties regarding their onboarding requirements.
- Staying updated with regulatory developments and communications.
- Contributing to the design and implementation of Risk & Compliance frameworks within the Group.
Candidate Requirements:
- Compliance experience within the insurance sector.
- Good working knowledge of current and future policies, practices, trends, technology, and information affecting business and organisation.
- Experience in the re(insurance) broking sector, including Lloyd's of London, is preferred.
- Legal experience is an advantage.
