Chaucer Group is an international group of insurance entities with locations in London, Dublin, Copenhagen, Bermuda, Dubai, Singapore, Miami and Sydney. This role is to act as deputy to the global head of compliance in developing and enhancing the compliance framework across jurisdictions. In particular you will be expected to:
To support the Head of Compliance in leading and managing the Chaucer Group compliance team.
To promote compliance by all Chaucer Group entities with applicable regulatory and statutory obligations.
To provide an effective compliance service to the business that deals promptly and efficiently with all compliance queries and issues.
To remain aware of regulatory developments and proactively advise the business on all relevant compliance matters.
Manage compliance by all relevant Chaucer Group entities with all applicable regulatory and statutory obligations.
Manage and develop team members supporting their career paths.
Develop and embed effective and proportionate regulatory systems and controls, and communicate compliance issues effectively across the business.
Develop and maintain strong relationships with relevant Chaucer departments including the underwriting and claims functions and overseas offices.
Arrange and monitor the provision of an effective programme of compliance training.
Manage training programmes for Chaucer staff on their obligations towards Chaucer’s customers and their duty to promote good customer outcomes.
Competent within the specific job role, aware of all technical requirements and able to apply these in a pragmatic manner in performance of all duties. Aware of internal policies and procedures and working practices consistent with the job role.
Flexible and quick to learn – able to undertake tasks and projects outside immediate role as required.
Able to understand the key business issues that affect the profitability and growth of the business and takes appropriate action to maximise success.
Capacity to perceive the impact and implications of decisions and activities on other parts of the organisation.
Ability to think strategically within area of responsibility, whilst taking into account the ‘bigger picture’ and consequences to the wider business context.
Ability to develop high standards of team spirit through effective management techniques.
Leads by example and communicates with all team members on areas of role responsibilities. Empowers more junior compliance staff to perform at the highest level through direction, delegation and effective management.
Ability to ensure work produced by more junior compliance staff is to the prescribed quality standards.
Readiness to make decisions, state opinions, take action or commit oneself, based on factual information and sound judgment.
Shows genuine interest in others and seeks to build good working relationships based on co-operation, support and trust. Can be relied upon to ‘deliver’ and be consistent with decisions. Ability to maintain social, organisational and ethical norms in job related activity.
Ability to create and maintain a level of appropriately directed activity. Shows drive, stamina and the capacity to work hard
Ability to express ideas or facts in a clear and persuasive manner. Convince others to own expressed point of view. The ability to describe one’s intentions, thoughts, feelings and experiences verbally, in a manner appropriate to the needs of the listener.
London insurance market compliance experience.
Experience of UK insurance regulatory regime.
Lloyd’s Managing Agency experience
Management / supervisory experience
Familiarity with risk management issues
2.1 Degree or better
ABOUT US
Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.
Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.
Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation).
A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.
We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.
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What We Do
Chaucer are a leading specialty (re)insurance group working with brokers, coverholders and clients to protect and support business activities around the world. Our services are accessed both through Lloyd’s of London and the company markets.
We are defined by an enterprising, bespoke approach to (re)insurance, enabled by the individual character, experience and imagination of our expert teams.
Chaucer is a member of the China Re Group and backed by their financial and operational resources. China Re is one of the world’s largest reinsurance companies whose outstanding and comprehensive strength is rated A (excellent) by AM Best and A (strong) by S&P Global Rating.
