Senior Compliance Officer

• Provide compliance/regulatory advice to the Beazley Furlonge Limited (BFL) executive and functions including BFL’s overseas offices
• Keep abreast of key regulatory and legislative changes which may impact Beazley’s Lloyd’s Managing Agency (BFL), its service companies and company market platforms (UK and Bermuda)
• Performing horizon scanning/research using any available Beazley tools and external providers, undertaking impact analyses where necessary
• Provide effective compliance advice on regulatory concerns with emphasis on global licensing and regulated activity
• Attend product development discussions and forums, focusing on permitted distribution activities, marketing, licensing and operational readiness
• Provide support on audit and assurance reviews
• Work with the Compliance Manager and other team members on strategic projects, providing entity specific inputs where necessary
• Understand Beazley’s approach to use of Artificial Intelligence and implement appropriate governance channels to support innovation in a compliant manner
• Business partner for the product line or distribution area of BFL’s underwriting teams assigned to you by the Compliance Manager
• Contribute to the annual compliance plan as part of the wider Compliance function annual plan
• Provide support to risk management for incident investigation and reporting
• Provide compliance advice to BFL’s entities and related business
• Develop understanding of Beazley’s operations, customers and plans, and assist in developing and implementing various measures necessary for embedding compliance throughout Beazley
• Provide training to Underwriting and claims staff on UK and Lloyd’s topics
• Support the BFL General Advisory team and the BFL business with applicable regulatory knowledge and expertise
• Develop a detailed understanding of UK and relevant international compliance matters and provide advice on relevant transactions including distribution initiatives
• Effectively build partnerships with internal ‘customers’
• Following the business’s implementation of regulatory advice, work with assurance functions on the applicability of new guidance and ongoing compliance with embedded procedures
• Focus on technology improvements to make the team’s day to day management of workload efficient and measurable

• Extensive insurance experience in either the Lloyd’s (preferable) or company market is a requirement
• Compliance experience and understanding of fundamental compliance concepts
• Understanding of 2nd line oversight principles
• Excellent oral and written communication skills
• Demonstrated ability to build positive relationships with a wide range of stakeholders and with the assistance of the Manager of the BFL General Advisory team, challenge, negotiate with, influence and persuade stakeholders
• Excellent research skills
• A detailed understanding of compliance concepts and the three lines of defence
• Ability to detect areas of improvement in current compliance processes
• Ability to determine, understand and analyse regulatory requirements and their impact on insurance
• Organisational skills and ability to work on multiple tasks
• Ability to work with and report to a global team
• Ability to investigate efficiencies and seek automation where applicable
• Experience working with overseas offices / Lloyd’s overseas compliance
• An interest in working on global distribution initiatives
• Flexible
• Energetic, enthusiastic and positive
• Self-motivated
• Collaborative, team player
• Firm but diplomatic
• Friendly and approachable
• Service focused
• Solutions focused
• Team working
• Detail oriented with ability to retain sight of the bigger picture
• Effective communicator, especially in writing
• Analytical thinking
• Problem Solver
• Inquisitive

Lloyd’s experience