W. R. Berkley Corporation

Responsibilities The Compliance function is responsible for ensuring that the Compliance Framework Policy remains current, effective and suitable for the risk profile of the business and its changing regulatory environment; and that it is implemented in such a way that is aligned to the Company's strategic objectives and ensures the business is compliant with all regulatory obligations. The Corporate Governance function is responsible for ensuring that Berkley Specialty London, through its Boards, Committees and Senior Managers, maintains strong governance and oversight across the business. A secondary objective is to ensure that the Corporate Governance in place remains compliant with the UK Corporate Governance Code and relevant regulations such as those of the PRA, FCA, Lloyd's of London. The Compliance & Corporate Governance Analyst will work with both the Compliance and Governance teams. The role is generalist and will provide opportunities to learn about and develop competence in all aspects of Compliance and Governance work. The role holder will support the Compliance team and Corporate Governance Lead in delivering the work of those functions. They will conduct Compliance monitoring and advisory activities, assist Compliance with operating controls to ensure compliance, as well as support key corporate governance committees. Corporate Governance Support with the efficient running of corporate governance committees and / or Groups including drafting agendas, liaising with the Chair and members, collating papers, circulation of papers, action tracking and completing minute tracking. Support the work of the Corporate Governance Lead and Head of Compliance under the Senior Manager & Certification Regime. Compliance Monitoring Undertake scheduled Compliance Monitoring as detailed in the annual plan. This will include activities such as sanctions and licensing slip reviews, SMCR monitoring, gifts and hospitality denied claims and cancelled policies. Summarise any findings. Advisory & Financial Crime Assist with reviews of sanctions matches, clearing false positives in a timely manner and escalating true matches as appropriate. Undertake financial crime risk assessments for coverholders / binding authorities. Ensure Compliance Delegated Underwriting approvals are dealt with promptly, escalating matters as appropriate. Assist with licensing queries received from the business, escalating matters for peer review as necessary General Provide support with regulatory compliance training. Assist with the distribution and co-ordination of fair value assessments to distribution partners Assist with the general administration of the Regulatory returns process, including updating the internal regulatory returns Decision Focus calendar, issuing reminders to the business and running reports. Undertake general administration within Decision Focus including adding actions and running reports, as required. Maintain the Compliance and Corporate Governance Intranet sites including keeping any underwriting / claims / other guidelines / reference tools current. Assist with the general administration of Policy Management within Decision Focus, including reporting running, issuing reminders to policy owners and reviewers and monitoring the status of policies' annual review requirements. Provide administrative and operational assistance to the Compliance and Governance teams, ensuring all administrative processes are run efficiently, to serve both internal teams and external clients. This may include disseminating and recording of regulatory / Market bulletins and publications to the business. Qualifications Strong numerical skills and strong attention to detail. Effective time management and prioritisation skills. Strong interpersonal and team working skills. Outcome focused, self-motivated, flexible and enthusiastic. Minimum of English and Maths GCSE and 2 A-Levels (or equivalent) Computer literate with good working knowledge of the Microsoft Office suite. Experience of regulatory compliance within a Lloyd's syndicate or insurer is desirable Sponsorship Details Sponsorship not Offered for this Role