Head Risk & Compliance

• Strong international exposure with collaboration across UK & Europe.
• The organization values innovation & is not a conventional insurance carrier.

About Our Client

Leading global speciality insurance services firm

Job Description

• Under the direction of Assistant General Counsel, International, develop risk and compliance frameworks, policies and procedures for the International Underwriting business.
• Lead the preparation and submission of regulatory reports as per prescribed formats and guidelines.
• Ensures compliance with regulatory requirements by conducting compliance reviews, identifying, and addressing compliance gaps and recommending corrective actions.
• Oversees the development and implementation of compliance monitoring and testing programs to ensure ongoing adherence to regulatory requirements.
• Partners with senior management to develop and implement regulatory reporting policies, processes, and procedures in alignment with regulatory standards.
• Leads opportunity identification for regulatory process enhancement, automation, and optimization to improve the efficiency and accuracy of regulatory reporting.
• Oversee internal and external audits and inquiries by providing required documentation, explanations, addressing audit findings and implementing corrective actions as necessary.
• Leads the preparation and submission of regulatory filings and reports to relevant authorities, maintains accurate records of all submissions.
• Assist in initial review of standard legal and regulatory documentation, including delegated authority arrangements, NDAs and TOBAs.
• Managing broker relationships and documentation for the international group entities.
• Prepares reports on upcoming legal, risk and compliance developments to assist in wider horizon scanning for international.
• Prepares responses to inquiries from regulatory agencies and facilitates inspections
• Contributes to the design and delivery of training programs to educate employees on regulatory requirements, promoting a culture of compliance within the organization.
• Monitors and assesses the impact of emerging regulatory trends on business operations, provides strategic recommendations to senior management.
• Stays abreast of changes in laws, regulations, and industry standards affecting the insurance sector and provides timely updates to internal stakeholders.

The Successful Applicant

We're Looking For Someone Who Has

• Good communication and leadership skills.
• Experience in a regulatory, risk, compliance or related role with relevant international experience.(MUST).
• UK or Europe experience into risk/compliance are mandatory pre-requisites.
• Experience of working in Insurance or has managed insurance clients (MUST).
• Experience of managing a team of professionals.

What's on Offer

• Opportunities to lead and shape compliance policies across Global Frameworks.

If you're interested in this role, feel free to apply.

Quote job ref: JN-102026-7116633