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Salary From day one, our mission has been to create an independent business with a unique culture – one that is controlled by the people who work for it. Finding the most talented and entrepreneurial people has always been key to our success.
People come to Howden for lots of different reasons, but they stay for the same one: our culture. That’s what sets us apart, and why we nurture and retain the best talent in the market. Whatever your priorities – work/life balance, career progression, sustainability, volunteering - you’ll find like-minded people driving change at Howden.
What is the role?
Howden Tiger constitutes the reinsurance broking pillar within the Howden Group. A dedicated compliance function is being established in the UK to support the UK reinsurance broking Operating Entities and the UK branches of our European subsidiaries (collectively “Howden Tiger UK”).
The role will form part of the dedicated Howden Tiger compliance function and will be supporting the Head of Compliance UK. The Compliance Associate will be working closely with the Central Compliance team as well as key stakeholders in the business and the Group.
Key responsibilities include:
- support the Head of Compliance with the development and implementation of an annual Howden Tiger UK Compliance Plan, including tracking the activities and priorities of the dedicated compliance resources against the deliverables identified in the Compliance Plan;
- project manage compliance projects including setting up meetings, managing and preparing deliverables and reporting on progress.
- source and prepare relevant management information to the Head of Compliance and CRO and to relevant forums and committees on Risk & Compliance matters.
- engage with internal stakeholders across the Howden Tiger UK business divisions to find solutions that meet regulatory requirements in line with strategic commercial objectives.
- coordinate interactions with the divisional COOs and provide guidance on the operationalisation of the relevant regulatory requirements;
- participate in regulatory change projects as a key team member and prepare progress reports, when required.
What will you be doing?
Service Delivery
- work with the Central Compliance team on completing the annual fitness and propriety assessments for the SMCR population in scope.
- act as the liaison point between Operations, Finance and Compliance to compile and review quarterly returns to the FCA.
- collaborate with the Compliance Monitoring team on completing BAU and scheduled thematic reviews.
- produce presentation material for internal training sessions and facilitate delivery.
- assist with the Implementation of controls to ensure that all employees have completed their mandatory training and CPD requirements.
- work collaboratively with the Central Sanctions team to facilitate the broking teams’ sanction screening processes and advise when escalation is required.
- liaise with the Business Support team where required and assist in responding to compliance and regulatory queries from the broking teams.
Technical:
- Good knowledge of FCA requirements specifically relating to non-life insurance and reinsurance.
- Good knowledge of the FCA handbook.
- Good knowledge and understanding of (re)insurance, principles, products and services.
Policy, Process and Procedures:
- Review of and/or input into Compliance policies and procedures relevant to the regulatory and legal jurisdictions of each Howden Tiger UK entity.
- Partner with the business leadership to find effective and efficient methods of simplifying and embedding compliance in their business processes.
What do we need from you?
- Proven experience working in a second line compliance role within a non-life (re)insurance broker / insurer, in a technical compliance role.
- Experience of reinsurance and commercial insurance products.
- Strong regulatory focus.
- Ability to respond to developments quickly and work independently at pace.
- Ability to articulate complex regulatory themes or requirements concisely.
- Strong organisational skills.
- Able to prioritise effectively.
- Intelligent and articulate with high presentation skills & personal standards and able to form good business relationships both within the business and externally
- Excellent written and oral communication skills.
- Compliance Industry recognised qualifications desirable but not essential depending on relevant experience.
- Educated to a minimum of ‘A’ level standard.
Our Culture: People First
We’ve travelled far since opening our first office in 1994. Back then we were local experts – based in London, with direct access to the world’s biggest insurance market. We’re still locals, and we still deliver the right advice and the right insurance to our clients. But now, we’re local all over the world. With 15,000 global colleagues and a partner network spanning more than 100 territories, we are the largest independent insurance broker in the world. But our values haven’t changed since day one, when we set out to create a company grounded in:
- An employee-ownership model
- Aligned external investors
- The trust and integrity born of friendship
- Expertise
- Independence
Our focus on being a people-first business has always been at the very heart of Howden. Our vision was to create an independent business with a unique culture; one that would survive and thrive as a business controlled by the people working for it. Our employee ownership model sets us apart in the market. It’s created a culture of collaboration and innovation, where we’re driven to think bigger and empowered to challenge convention.
Our flat structure and entrepreneurial spirit help us attract the best people and empower them to be the best version of themselves. And when we bring in and nurture great talent, more follows. That makes us better – and that’s better for everyone.
Diversity & Inclusion
At Howden we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
