Compliance Analyst - Interim
Compliance Analyst - Interim - To £60,000 p.a.
This role will initially be a 9 month fixed term contract with the potential to become permanent.
An opportunity to join a leading independent Lloyds broking house with a global footprint.
The purpose of the role:
To assist the Compliance Team in all areas of general compliance, with specific focus on counterparty due diligence and ongoing monitoring.
Review / approval of applications new Third Party Producers
Review / approval of annual reviews for all Types of Third Party Producers
Review / approval of new Security, and the maintenance of the Approved Security List
Review / approval of Client Terms of Business Agreements, and bespoke Undertakings / Agreements
Review / approval of Terms of Business Agreements with Insurers / Managing General Agents
Assist in the periodic review of Policies and Procedures
Assist in monitoring that Legal, Market, Regulatory and Best Practice are being met in relation to existing business processes.
Monitoring that technical standards are maintained to achieve quality, minimise rework / E & O exposure.
Skills & Experience
- Minimum of least 3 years' experience in the London Market, either at a Lloyd's Broker or with an Insurer or MGA.
- Understanding of Terms of Business Agreements, Due Diligence Process requirements, and familiarity with how Ratings / Ratings Agencies work.
- Available to start within 2 weeks
Ref ~ 7878
MW Appointments is acting as an Employment Business in relation to this vacancy.