Senior Compliance Analyst

at  Avencia

ABOUT US

The Fidelis Partnership is a privately-owned, Bermuda-based Managing General Underwriter, with a gross written premium of nearly $3bn.
The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business built on a 38-year track record of outperformance that continues to beat the market in terms of its underwriting and returns, and we operate through our regulated subsidiaries in London; Bermuda, and Belgium (including Irish and UK branches).

KEY ACCOUNTABILITIES

This will be a broad and varied role which will support your development. Key roles and responsibilities will include:

• Supporting the business by providing timely Compliance advice and guidance on both new and existing initiatives, as well as international licencing queries.Taking a leading role in ensuring compliance with Lloyd’s regulatory principles.
• Playing a key role in horizon scanning and communicating relevant developments to the business and, where necessary, working with the business to implement change.
• Supporting the annual review of policies, procedures, and guidance documents.
• Supporting the operation of SM&CR, including applications and management responsibilities maps.
• Analysing, preparing and evaluating management information for key governance meetings and reporting.
• Assisting in the operation of financial crime controls, including Sanctions, Anti-Money Laundering, Anti-Bribery and Corruption, and Gifts and Entertainment.
• Undertaking and supporting Compliance Monitoring reviews and presenting findings to senior stakeholders.
• Supporting with the ongoing operation of the Product Oversight and Governance process, including annual product reviews.
• Identifying, developing and deliver key regulatory training to the business.
• Reviewing and responding to customer complaints.
• Preparing and collating board papers and committee meeting packs, and supporting with minute taking.
• Developing strong relationships with the business and growing your “own portfolio” and brand.
• Promoting a culture of compliance by raising awareness of compliance and regulatory matters in a practical way.

SKILLS & EXPERIENCE

• Experience in a general insurance compliance/regulatory role.
• Knowledge and experience of working with the FCA rulebooks and/or PRA rulebooks.
• Knowledge and experience of the Lloyd’s market, having worked for a Lloyd’s managing agent or coverholder
• Strong written and spoken communication skills to enable communication at all
• Strong analytical, research and reporting
• Ability to handle a varied workload and competing
• Ability to deal with ambiguity.
• Taking ownership of your areas of responsibility.
• Curious with a willingness to learn and explore new areas that you’re unfamiliar with.
• Proficiency in Microsoft Word; PowerPoint and

THE ROLE

We are looking for a Compliance generalist to join The Fidelis Partnership’s Compliance team to support the business as it grows and diversifies. You’ll be a key member of the team and will support on all aspects of regulatory compliance across the group, gaining exposure to both intermediary and insurer regulatory requirements, as well as Lloyd’s oversight requirements.

This will be a broad and varied role which will support your development. Key roles and responsibilities will include:

• Supporting the business by providing timely Compliance advice and guidance on both new and existing initiatives, as well as international licencing queries.Taking a leading role in ensuring compliance with Lloyd’s regulatory principles.
• Playing a key role in horizon scanning and communicating relevant developments to the business and, where necessary, working with the business to implement change.
• Supporting the annual review of policies, procedures, and guidance documents.
• Supporting the operation of SM&CR, including applications and management responsibilities maps.
• Analysing, preparing and evaluating management information for key governance meetings and reporting.
• Assisting in the operation of financial crime controls, including Sanctions, Anti-Money Laundering, Anti-Bribery and Corruption, and Gifts and Entertainment.
• Undertaking and supporting Compliance Monitoring reviews and presenting findings to senior stakeholders.
• Supporting with the ongoing operation of the Product Oversight and Governance process, including annual product reviews.
• Identifying, developing and deliver key regulatory training to the business.
• Reviewing and responding to customer complaints.
• Preparing and collating board papers and committee meeting packs, and supporting with minute taking.
• Developing strong relationships with the business and growing your “own portfolio” and brand.
• Promoting a culture of compliance by raising awareness of compliance and regulatory matters in a practical way