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Compliance Assistant - insurance

  • Job Ref: KT/Comp Asst.
  • Job Type: Permanent
  • Location: Southend-on-Sea
  • Salary: £18,000 - £25,000 pa
Date Posted: 2nd July 2019

Job Description

Location: Southend

Sector: Insurance - Compliance Assistant

Salary: £18,000 - £25,000 per annum

The company:

An established Lloyd’s broker based in Southend is currently looking to recruit a Compliance Assistant to join their successful team. This is a well-respected Lloyd’s insurance broker that prides themselves on the service they produce.

The role:

Suitable candidates for the position will have gained experience working in an administrative support role, ideally within Insurance and Lloyd’s market.

You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day.

Duties include but not limited to:

  • Reviewing and submitting new clients and insurers for Directors approval
  • Preparing the necessary paperwork for approval, conducting sanctions checks & contacting clients and brokers as necessary to obtain outstanding documentation
  • Keeping the companies clients & insurers lists up to date
  • Ensure compliance requirements are adhered to.
  • Monitor and communicate new regulatory developments and legislation that affect the business and operation of the company and update department’s working papers as necessary.
  • Dealing with incoming and outgoing post, faxes & emails
  • Providing administrative support to Compliance department as and when is needed
  • Conducting files checks in London and reporting back to Management
  • Assisting preparing and implementing staff training programs
  • Assisting Compliance department with ongoing projects

The Candidate:

This is a pivotal position within the company and therefore demands a responsible attitude. The ideal candidate will need to have strong computer skills. Good communicational and organisational skills are also essential.

Other desirable skills are:

• Advanced knowledge of Microsoft products (Word, Excel and Outlook) or similar software applications.

• Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.

• Ability to understand and execute oral and written instructions.

• Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates.

Desirable Qualifications 
Professional qualifications either gained or working towards would be advantageous. These may include CII Insurance Exams or other qualifications.

Education

You must have at least 5 GCSE’s including English and Math’s at Grade B or above.

Our client is committed to continuous professional education and will offer study support when required.

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