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We have an exciting opportunity for an experienced risk and compliance professional to join and further strengthen our team. In this role you’ll leverage your experience to support Brown & Brown, one of the largest insurance intermediaries in the UK and Ireland, with our continued growth across our Retail, Lloyd’s and London Market Brokers, Underwriting and Network divisions. You’ll be working in an ever evolving role, full of variety and challenge, with teammates in our central Risk & Compliance Team, the Head of Regulatory Change & Projects and other senior key stakeholders. You’ll support the Head of Regulatory Change & Projects in delivering regulatory change initiatives and other regulatory focused projects, which actively contribute to ensuring a strong risk and compliance culture across the Brown & Brown Europe group. The role also provides senior-level support in the management of financial crime risks and plays a key role in performing risk and compliance due diligence of potential acquisition targets and oversight of the integration of acquired regulated entities. This is a fantastic opportunity to develop within our business and you’ll play a part in helping to shape the future of Brown & Brown, building on our foundations, adapting to change and supporting our continued growth and success.
Job Responsibility:
Track regulatory developments in all applicable jurisdictions
Prepare communications on change
Assist in providing responses to regulatory consultations
Support delivery of regulatory change initiatives including conducting impact assessments, planning, stakeholder engagement, project management and implementation
Support periodic reviews and updates to reflect evolving regulatory landscape
Support delivery of regulatory focused projects
Contribute to risk assessments
Create and manage project plans
Assist in design, implementation, and maintenance of compliance framework
Support senior leaders and MLROs in managing financial crime risks
Assist with financial crime risk assessments
Maintain accurate records for AML monitoring, suspicious activity reporting (SAR), and other financial crime obligations
Support reporting to and interaction with external parties
Support European M&A team in delivering acquisition plan through provision of robust risk & compliance due diligence
Produce timely and accurate reports outlining key regulatory and financial crime risks
Oversee and support initial stages of onboarding and integration of acquired regulated entities and businesses
Ensure smooth transition of compliance responsibilities
Promote strong risk and compliance culture through training, guidance, and engagement
Provide in-house consultancy services
Support preparation of regular reports and dashboards for management and governance committees
Requirements:
Experienced risk and compliance professional
Strong knowledge of UK (EU desirable) regulatory frameworks and financial crime regulations
Experience in the insurance sector
Understanding of insurance broking
High degree of business acumen
Strong analytical skills with ability to interpret complex information and assess impact on business processes
Experience in managing complex regulatory projects
Highly organised, proactive learner with initiative-taking approach to identifying and resolving compliance issues
Ability to work effectively with cross functional and international teams
Strong communication skills for stakeholder engagement
Attention to detail, showing a high degree of accuracy in documentation and reports