About the Team and the Role
A leading global reinsurance brokerage firm is seeking a Compliance professional to ensure regulatory adherence across its North American operations. This firm specializes in placing complex and technical reinsurance programs, leveraging deep industry expertise and a collaborative approach to deliver innovative solutions. The Compliance function plays a critical role in supporting broking and operations teams by navigating regulatory landscapes and maintaining robust governance frameworks.
Key Responsibilities
- Regulatory Compliance: Ensure the firm's North American offices comply with local laws, regulations, and industry standards, proactively identifying and mitigating compliance risks.
- Advisory Support: Provide expert guidance to broking teams on (re)insurance-related compliance matters, including licensing requirements, contractual obligations, and regulatory developments.
- Contract Review & Management: Collaborate with broking and legal teams to review and maintain Terms of Business Agreements (TOBAs), contracts, and other key documents to ensure alignment with regulatory and business requirements.
- Policy Development & Implementation: Assist in developing and refining compliance policies, procedures, and best practices to enhance the firm's risk management framework.
- Stakeholder Collaboration: Act as a liaison between account managers, broking teams, and operations teams to facilitate compliance integration across business processes.
- Training & Awareness: Support compliance training initiatives to ensure teams remain informed on relevant regulations, best practices, and emerging compliance risks.
- Regulatory Reporting & Audit Support: Assist with internal and external regulatory reporting, audits, and examinations by maintaining accurate records and documentation.
Qualifications & Experience
- Prior experience in Compliance and Risk within the (re)insurance, reinsurance broking, or insurance industry.
- Familiarity with regulatory requirements related to the North American insurance and reinsurance markets.
- Legal and/or accounting experience is beneficial.
- Knowledge of Lloyd's of London market operations is a plus.
- Strong analytical, problem-solving, and stakeholder management skills.
This role offers an opportunity to work within a dynamic, fast-growing global brokerage firm, supporting a collaborative team dedicated to delivering innovative risk solutions.
