Join this growing Lloyd’s Syndicate in this newly created role as their Combined Assurance Manager, ensuring effective governance, risk management, and internal control processes. As a key player and working closely with the Compliance and Risk, reporting into the CRO, you’ll integrate assurance activities from Internal Audit, Risk Management, and Compliance.
Responsibilities:
- Develop and maintain a Combined Assurance Framework.
- Implement recommendations from combined assurance reports.
- Manage assurance activities, compliance monitoring, and key risk indicators.
- Oversee internal controls, risk self-assessment, and control testing frameworks.
- Assist in designing internal audit programs and scoping audits.
- Manage and oversee assurance activities and projects.
- Develop compliance monitoring activities and key risk indicators (KRIs) for the Risk and Compliance Committee.
- Collaborate with business areas to implement audit recommendations.
- Monitor adherence to regulations, policies, and standards.
- Coordinate Lloyd’s Principles attestation and align controls.
- Prepare the combined assurance report for the Audit Committee.
- Drive technological improvements for monitoring and reporting.
- Provide guidance and mentorship to the risk and compliance team.
- Assist in other Risk matters or projects as appropriate and in accordance with the Head of Risk & Chief Risk Officer.
- Assist in other Governance & Compliance matters or projects as appropriate and in accordance with the Head of Compliance.
Requirements:
- Thorough knowledge of employment policies, company/compliance policies, and FCA rules.
- Familiarity with regulatory requirements (e.g., Lloyd’s and Companies Acts, DPA, anti-money laundering).
- Commitment to ongoing professional development.
- Expertise in data quality and adherence to the company’s Data Policy.
Skills:
- Effective time management and planning skills.
- Strong written communication and interpersonal skills.
- Decision-making ability with a focus on problem-solving.
- Organized and customer-oriented, meeting business standards.
- Proficiency in Microsoft Systems (Word, Excel, Outlook) and in-house systems (Skyline, Cascade, Decision Focus, Clause Match).
- Data analysis and accurate data entry skills.
Sector:
- General Insurance
