About the team and the job
This role is to work closely with the Global Head of Compliance & Risk and act as the primary contact with the global broking teams and the corporate functions, acting as a business advisor and enabler.
How you'll contribute:
- Work closely with the Broking Teams, Operations and other key stakeholders to advise upon Trading Partner relationships and assist in their onboarding and maintenance.
- Maintaining accurate and up-to-date records of trading partner relationships, including related correspondence, supporting documentation and onboarding due diligence.
- Advising on and drafting of TOBAs, Non-Disclosure Agreements, Confidentiality Agreements, Transfer of Business Agreements and other related contractual or insurance documents
- Advising upon licensing requirements to ensure business is permitted to transact and/or place business in specific markets/jurisdictions. Ensuring compliance with all applicable regulatory regimes
- Responsibility for third party payment approvals including ensuring the Firm's policies are followed, key stakeholders are kept up-to-date and escalation taken where required.
- Identifying and advising upon potential sanctions issues, including recognizing when issues might occur, escalating where required, providing appropriate guidance and commercial solutions in a timely and accurate manner. Liaising with business and other stakeholders to advance the matter.
- Responding to intermediary questionnaires from third parties regarding their onboarding requirements.
- Prepare, compile and collate compliance data and MI.
- Assist with the maintenance of various registers, such as Gifts & Entertainment, Complaints and others.
Requirements
- Head of Compliance and Risk function experience required at a Lloyd's broker, preferable.
- Experience of preparing, reporting and presenting at formal Governance Boards required
- SMF/Certified Individual designation holder is desirable.
- Ability and willingness to multi-task effectively, efficiently and proactively to tight deadlines is a prerequisite for this role
- Experience of overseas entity Compliance management, preferable.
- London Market operational understanding desirable.
About Us
Acrisure is an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. We develop a thorough understanding of our clients' situations and markets and create unique opportunities for innovative and ingenious solutions that deliver signature value. Acrisure London Wholesale capabilities cover all aspects of placement facilitation, namely open market, delegated authorities, MGAs and facultative reinsurance.
Acrisure Re and Acrisure London Wholesale are an Agency Partner of Acrisure LLC, providing high quality insurance and risk management services and solutions. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth, Acrisure's dedication to its highly unique business model, ownership structure and entrepreneurial culture, has put us on the envious path of being the largest, most successful privately held insurance brokerage in the industry.
Our Ethos
Acrisure prides itself in achieving greatness through its people. We are a flat structure organisation that see the person behind the position. It's up to you to shape your career but we provide you with every tool that we can to help you get there.
We believe teams and solutions are made stronger through different perspectives, which is why we're committed to a culture of equality, diversity and inclusion.
At Acrisure we are committed to developing our people as we believe that investing in our employees is critical not only for their individual success but the success of the organisation. Through The Acrisure Academy (our learning system) we offer a variety of tailored courses and learning programs to enhance your skills and foster a culture of innovation. Additionally, we also offer ongoing professional development resources, coaching, and mentoring … by growing our people, we grow our business!
We are not partnering with agencies on any roles unless specified by the Talent Acquisition Team. Please do not send any unsolicited emails or InMail's with resumes/CV's as they will not be accepted or credited.
