Senior Compliance Analyst (12-month FTC) – 28809

General Duties and Responsibilities

Be a first contact for general compliance queries, to resolve quickly and efficiently
Guide and assist the business in delivering the correct outcomes for their clients and important partners whilst ensuring the appropriate balance is struck between the commercial interests of MRS-NA BA; the goals of the FCA and the interests of their clients
Conduct horizon scanning, notably UK and US regulation, to identify any regulatory change
Work with the Head of Risk & Compliance and the business to implement, embed and provide ongoing monitoring of legal and regulatory developments, identifying opportunities to collaborate with the Group businesses and use existing skills and processes wherever possible
Be the subject matter expert and lead the project to implement additional regulatory requirements under the Senior Managers & Certification Regime for Enhanced Scope firms within the transitional period

Qualifications required:

In-depth understanding of the insurance market and placing process is necessary
In-depth understanding of the FCA handbook as it relates to solo-regulated insurance intermediaries is essential, in particular PRIN, SYSC, COCON, COND, FIT, TC, PROD, ICOBS and SUP

Experience required:

Experience working in a regulated environment is essential, preferably within an insurance intermediary or insurance company
Experience with US surplus lines business is preferred but not essential
Knowledge of Microsoft products