Are you looking for an opportunity to work in a growing business with global exposure. As Kentro Capital continue to evolve and grow, we have an exciting opportunity for a Compliance Manager to join our Compliance Team.
The Company
Kentro Capital (Part of the Brown and Brown Group) is a global insurance group headquartered in London. Our purpose is to be the best we can be and to provide a solid, protective roof for our family of businesses supporting and enabling their growth whilst retaining their entrepreneurial spirit. The Kentro team is composed of more than 350 insurance professionals operating from offices in the U.K., U.S., Europe, Asia and Dubai.
Our growth has been dramatic thanks to the commitment, passion and professionalism of our people. Each of our teammates bring specialist knowledge and drive to the business.
The role
Reporting into the Head of Compliance, you will work in partnership with the assigned underwriting business units to support the delivery of the group compliance framework and embed a compliance culture within our underwriting operations.
Acting as a trusted advisor to the assigned underwriting units, you will build effective relationships and develop a good understanding of the classes of business, providing tailored advice to support the delivery of good outcomes and commercial solutions.
What you will do:
- Act as a trusted advisor to the assigned underwriting units, delivering timely and practical regulatory advice, guidance, and challenge;
- Work collaboratively within the wider Compliance Team, providing support to other team members and proactively sharing information/learnings;
- Analyse regulatory change, determining how changes will impact the assigned underwriting units and supporting effective implementation;
- Attend business and operational meetings, providing updates on relevant topics and initiatives, promoting an open line of communication between Compliance and the Underwriting Units;
- Collaborate in the development and review of policies and training and support the integration of changes;
- Provide compliance work stream support on group wide projects, regulatory change projects and M&A integration projects;
- Assist with the provision of information and updates to be included within Board/meeting packs;
- Review the design of new products and services to ensure they deliver good customer outcomes and meet regulatory requirements;
- Review sanctions referrals and queries from the business, assessing applicable legislation to provide a suitable recommendation;
- Review and issue agency/TOBA agreements for broker and third party regulatory relationships;
- Support assurance team members and auditors to provide relevant requested information and support the timely completion of any actions points;
- Support the risk assessment process, assisting the business to identify risks, using commercial awareness to ensure risks are appropriately managed.
We Offer:
- The chance to develop yourself in a global and growing organisation
- Private medical
- 50% gym discount
- Life assurance
- 25 days of holiday plus an extra day off on your birthday
- Excellent non-contributory pension scheme
What you need to have:
- Experience within an insurance broker, insurer or MGA;
- Working knowledge of FCA regulatory principles, rules and guidelines;
- Commercial awareness and focus on the practical application of regulation;
- Ability to build and manage relationships with internal stakeholders;
- Strong communicator;
- Strong organisational and time management skills.
What will make you stand out:
- A good understanding delegated authorities;
- Understanding of Lloyds and London Insurance Market;