Job Description
Job Title Compliance Monitoring Associate
Division
Risk & Compliance Location London At Amwins Global Risks, we succeed together. We’re not 'just another London broker’ placing risks and signing contracts. We’re forging relationships that are built to last. With over 700 employees around the world and a global footprint across more than
150 countries, we’ve cemented our place as a top 10 contributor to Lloyd’s. Insurance is a relationship-based business, and achieving success means hiring the best talent in the industry. When you join us, we will encourage and support your professional and personal development as we invest in you and your learning to help you succeed
and grow. We believe in a flat organisational structure that prizes expertise and relationships equally. We’ve built a workplace where talent, collaboration and inclusivity are valued, and our commitment to diversity, equity and inclusion helps cultivate an open,
welcoming workplace where everyone who works with us can be themselves. Introduction Monitoring activity is designed to provide comfort to the business that operational activity is being undertaken in accordance with appropriate policies and procedures and consistently meets legal and regulatory requirements. The Monitoring team are responsible for undertaking compliance monitoring activities as required to fulfil the Compliance monitoring plan for the regulated Companies within the Amwins Group. Responsibilities Work with the Head of Risk, Monitoring & Reporting and Monitoring Associates in delivering the Compliance Monitoring Plan. Monitoring includes but may not be limited to: Tracking and reporting of the firms Contract Certainty Performance Oversight and Management of Brokerage Monitoring Supporting the Monitoring Associates on review preparation Oversight of action implementation by Divisions post review Management of trend analysis and subsequent reporting Placement/Broking file reviews
Work with the Head of Risk, Monitoring & Reporting and Monitoring Associates in the production and management of monitoring dash boards/management information for provision to the Boards and their Committees. Support the Head of Risk, Monitoring & Reporting and Monitoring Associates as directed on regulatory projects and creation of the Risk Monitoring Plan. Undertake other responsibilities necessary for the performance of the role and support the teams alignment of the Monitoring Framework. Attend internal forums and external webinars relevant to the Compliance Monitoring team as required. Assist the Head of Risk, Monitoring & Reporting and Monitoring Associates in the writing of terms of reference and reports to Senior Management relevant to reviews. Experience Insurance industry or regulatory/compliance experience. An understanding of (re)insurance broking market and General Insurance. Understanding of conducting file reviews and/or audits within an insurer/broker. Previous experience in an administrative role within a Broker or Insurer. Any Class of Business insurance broking/underwriting experience would be seen to be an advantage as would any Claims Handling experience . Knowledge/Skills/Qualifications Awareness of the of UK regulatory and insurance broking industry. Able to manage workload and competing priorities with efficient administrative and organisational skills. Ability to communicate professionally and effectively. Awareness of Contract Certainty requirements and/or Market Reform Contract (slip) standards. Able to show initiative and develop solutions to challenges. Appreciates the need for consistency and high quality in working practices. Attention to detail and accuracy in producing documentation. Can demonstrate good qualities of a team player.
Risk & Compliance Location London At Amwins Global Risks, we succeed together. We’re not 'just another London broker’ placing risks and signing contracts. We’re forging relationships that are built to last. With over 700 employees around the world and a global footprint across more than
150 countries, we’ve cemented our place as a top 10 contributor to Lloyd’s. Insurance is a relationship-based business, and achieving success means hiring the best talent in the industry. When you join us, we will encourage and support your professional and personal development as we invest in you and your learning to help you succeed
and grow. We believe in a flat organisational structure that prizes expertise and relationships equally. We’ve built a workplace where talent, collaboration and inclusivity are valued, and our commitment to diversity, equity and inclusion helps cultivate an open,
welcoming workplace where everyone who works with us can be themselves. Introduction Monitoring activity is designed to provide comfort to the business that operational activity is being undertaken in accordance with appropriate policies and procedures and consistently meets legal and regulatory requirements. The Monitoring team are responsible for undertaking compliance monitoring activities as required to fulfil the Compliance monitoring plan for the regulated Companies within the Amwins Group. Responsibilities Work with the Head of Risk, Monitoring & Reporting and Monitoring Associates in delivering the Compliance Monitoring Plan. Monitoring includes but may not be limited to: Tracking and reporting of the firms Contract Certainty Performance Oversight and Management of Brokerage Monitoring Supporting the Monitoring Associates on review preparation Oversight of action implementation by Divisions post review Management of trend analysis and subsequent reporting Placement/Broking file reviews
Work with the Head of Risk, Monitoring & Reporting and Monitoring Associates in the production and management of monitoring dash boards/management information for provision to the Boards and their Committees. Support the Head of Risk, Monitoring & Reporting and Monitoring Associates as directed on regulatory projects and creation of the Risk Monitoring Plan. Undertake other responsibilities necessary for the performance of the role and support the teams alignment of the Monitoring Framework. Attend internal forums and external webinars relevant to the Compliance Monitoring team as required. Assist the Head of Risk, Monitoring & Reporting and Monitoring Associates in the writing of terms of reference and reports to Senior Management relevant to reviews. Experience Insurance industry or regulatory/compliance experience. An understanding of (re)insurance broking market and General Insurance. Understanding of conducting file reviews and/or audits within an insurer/broker. Previous experience in an administrative role within a Broker or Insurer. Any Class of Business insurance broking/underwriting experience would be seen to be an advantage as would any Claims Handling experience . Knowledge/Skills/Qualifications Awareness of the of UK regulatory and insurance broking industry. Able to manage workload and competing priorities with efficient administrative and organisational skills. Ability to communicate professionally and effectively. Awareness of Contract Certainty requirements and/or Market Reform Contract (slip) standards. Able to show initiative and develop solutions to challenges. Appreciates the need for consistency and high quality in working practices. Attention to detail and accuracy in producing documentation. Can demonstrate good qualities of a team player.
