What Add job title, key skills
Scroll for more!

Compliance Insurance Assistant

Zoek Pin Chelmsford, Essex, England

40000.0000 - 45000.0000

Permanent (Full time)

Posted 16 days ago

Job Description Overview

Suitable candidates for the position will already have a working knowledge of the FCA and insurance compliance and will have gained experience working in an administrative support role (ideally within Insurance) and will be looking for a new challenge within a small and respected Lloyd’s broker.

You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day.

Reporting directly to Head of Risk & Compliance you will be responsible for the following duties:

Assisting in the companies compliance duties which include, for example:

  • Conduct Compliance monitoring and audits of the significant business processes to provide the business with assurance on FCA regulated business areas.

  • Ensure compliance requirements are adhered to.

  • Monitor, analyze and communicate new regulatory developments and legislation that affect the business and operation of the company and update department’s working papers as necessary.

  • Provide guidance/sign off on financial promotions.

  • Understand and implement oversight and audit requirements in accordance with SYSC rules.

  • Develop and lead the Compliance Plan as agreed by the Board.

  • Embed and communicate Lloyd’s requirements as appropriate.

  • To support and assist the AML Officer as required.

  • Lead projects and develop plans for implementation.

  • Help to develop and create internal policies/procedures.

  • Manage the breach register and evidence 'end to end’ resolutions.

  • Assist the Board of Directors to identify, manage and mitigate risks.

  • Liaise with the regulators ( FCA) or Lloyds in regards to queries or issues.

  • Monitor FCA / Lloyd's publications and evidence action taken or lessons learned or review completed.

  • Facilitating Insurer and client audits or reviews (. Lloyd’s Binders etc).

  • Collate data and complete filing of various returns to Lloyd's and the FCA as required.

  • Attend external training events to enhance own knowledge and/or to assist with future legal/regulatory changes, reporting back to the Board and/or staff as appropriate.

  • Preparing the necessary paperwork for approval, conducting sanctions checks & contacting clients and brokers as necessary to obtain outstanding documentation

  • Keeping the companies clients & insurers lists up to date

  • Reviewing all company procedures & ensuring that these are FCA compliant

  • Conducting files checks in both Southend & London and reporting back to Management

  • Updating the Gift & Expenses Register

  • Assisting preparing and implementing staff training programs

  • Helping with all ad hoc duties - General office duties such as answering the telephone, scanning & filing.

  • Conducting files checks in London and reporting back to Management

  • Assisting preparing and implementing staff training programs

  • Reviewing and submitting new clients and insurers for approval

  • Dealing with incoming and outgoing post, faxes & emails

  • Assisting ongoing projects

This is a great opportunity working within a Lloyds Broker in South Essex

If you feel you have the relevant skills and experience then please submit your CV for our clients consideration

The Recruiter Insurance Specialists are acting as a Recruitment Agency

Report job View Company Page
Apply on Hirer's Site
Apply on Hirer's Site
Similar Jobs