Position Summary
To support the Director of Regulatory Affairs in the provision of compliance and risk management processes and disciplines across the business, and ensure that Hardy’s compliance and risk management functions operate effectively in accordance with Lloyds, FCA and PRA regulations
Key Responsibilities
- Assist the Head of Regulatory Affairs - International with day to day compliance issues across the business
- Ensure the Compliance area of the intranet is adequately maintained
- Maintain the Compliance Monitoring framework, to conduct reviews to ensure adherence to company procedures in respect of all areas of business acceptance
- Give compliance support as required to all business units, their teams and independent reviewers including sanctions and licensing advice
- Maintain the diary of annual compliance deadlines and ensure that the business meets its obligations in this respect
- The production and regular monitoring of adherence to business deadlines for the Company
- The monitoring of compliance with UK and international sanctions applicable to the Company and the reporting of any breaches
- Maintain the SMCR framework
- Input into Board and Committee reporting on a quarterly basis
- Lead delegated underwriting due diligence reviews
- Maintaining company licences in overseas territories
- Maintain all compliance records accurately and efficiently
- Project participation in wider business initiatives where required
- Co-ordinate horizon scanning of new regulation and legislation across the business
- Comply with all applicable legal and regulatory requirements and ensure, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance
- May perform additional duties as required
Skills, Knowledge & Experience
- Insurance industry specific experience. Lloyd’s and company market experience preferred
- Demonstrated understanding of business objectives and the market in which we operate
- Intellectual curiosity
- Ability to plan and organise own role effectively
- Understanding of accounting principles
- Mathematical and statistical ability
- Strong understanding of risk management and governance framework and how own role fits into it
- An understanding of underwriting risk, disciplines and processes
- Ability to promote own profile
- Demonstrated analytical and problem solving skills
- Effective communication and rapport building skills
- Effective influencing skills
- Ability to be assertive when appropriate
- Ability to use appropriate systems to the technical level required
- Appropriate knowledge of all relevant regulatory and legal requirements applicable to the position
- SMCR experience preferable
CNA is an equal opportunity employer.