As a leading specialist (re)insurance broking partnership, Miller is a recognised leader in our specialist fields. With offices in London, Ipswich, Bermuda, Brussels, Paris, Singapore and Switzerland, our network has increased to more than 900 colleagues.
We always act with integrity, make principled decisions, and give clients clear, honest and unbiased advice. We are extremely proud that by acting with integrity and making principled decisions, we have earned a reputation for keeping our promises to clients, markets and each other.
The Opportunity
We have an excellent opportunity to join as a KYC Team Assistant (Know Your Client) supporting our international business. This role will be a London based position, whereby the successful candidate will be responsible for providing support to our exponentially expanding international business. The right candidate for this position would be someone who is organised, driven and keen to succeed. This role is within our London based team, so you will be working alongside an already established team, but because you will be working in a unique way with our international business, it is key that you are fluent in a European language (ideally French).
We have just won the 2024 winner of ‘Broker of the Year award’, and should you choose to join, you will be joining an award winning company focused on growth, new opportunities and servicing our Clients to the highest standard. At nearly 1000 employees globally, we have an independent feel, but encourage everyone to work as one team, ensuring that we have the recipe for overarching success.
Role Responsibilities
- Undertake and verify due diligence of new clients, markets and third parties in line with KYC (Know your Client) requirements.
- Assess the financial crime and sanctions risks posed by new and existing entities
- Escalate high risk entities for further review and approval
- Issue market terms of business agreements to insurers with whom risks are placed
- Verify and setting up entity bank details
- Review changes to market security ratings and issuing updates to business units
- Liaise with business units to discuss entity set up requirements, Lloyd’s coverholder applications, market rating downgrades.
- Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls. Our policies and procedures are written to encapsulate the compliance, legal and financial crime related legislation and regulations which apply to Miller.
- Comply with any external rules and requirements imposed on individuals performing their role at Miller, such as Lloyd’s byelaws and FCA rules.
- Promote Miller brand and values to enhance Miller’s reputation in the market
** Miller is committed to providing equal opportunities to all applicants and to creating an inclusive working environment for all.