Fidelis Insurance Holdings Limited is a privately-owned Bermuda-based holding company, which, through its wholly-owned subsidiaries in London, Bermuda and Dublin is a global provider of specialty insurance and reinsurance products. Fidelis is rated A (Excellent) by A.M. Best Company, Inc.
The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, credit & political risk, and other specialty; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class.
Reporting to the Head of UK Compliance, the role represents an exciting opportunity to learn about Compliance and become involved in all aspect of Compliance within an insurance company.
Your responsibilities for this role may include, but are not limited to, supporting the Compliance team in relation to:
Clearing financial crime and sanctions screening alerts, on a daily basis.
Reviewing regulatory and commercial developments and providing updates to the team.
Dealing with international licensing queries, alerts, renewals and monitoring.
Undertaking the annual review of policies, procedures and guidance documents.
Responsibility for maintaining the regulatory reporting calendar.
Performance of second line Compliance Monitoring activities, such as Gifts and Entertainment monitoring.
Responding to Broker TOBA requests and answering queries.
Responsibility for filing TOBAs and maintaining and developing the TOBA database.
Dealing with routine correspondence, general departmental queries, administrative tasks and monitoring the Compliance Inbox.
Maintain an awareness and appreciation of team members' day to day activities to support and provide assistance at all times.
All matters undertaken by the compliance team in supporting the Compliance Plan and Objectives.
Skills & Experience
Essential skills, knowledge and experience
Professional approach with a strong desire to learn
Strong written and spoken communication skills
Have the ability to develop awareness and communications at all levels within the company
Strong analytical, research and reporting skills
Ability to handle a varied workload and competing priorities
Proficiency in Microsoft Word and Excel
Willingness to work extended hours as required
Preferred skills, knowledge and experience
Compliance experience in financial services industry.
Proficiency in Power Point.
Experience in taking minutes.
Competencies and behaviours
Analytical with a strong attention to detail.
Ability to support success and timely delivery in a complex, multi-disciplinary environment.
Has personal drive and resilience in established and new/changing situations.
Uses ‘lessons learned’ and ‘what works well’.
A team player with strong interest in the performance of the business as a whole.
Professionalism and strong personal integrity.
Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.
Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution.
Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.
DIVERSITY AND INCLUSION
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We believe that developing and maintaining a diverse and inclusive organisation is critical to our success. Our hiring, assessment and selection process must be fair, free from bias and one which ensures we select the right person for the job, based on merit.
We welcome applications from all qualified candidates. To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact James.Lochrie@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.