What are the responsibilities and job description for the Compliance Analyst position at Angove Partners?
Angove Partners is working with a global insurance company, seeking a Compliance Analyst based in New York.
About the role:
This opportunity is with the Compliance and Legal team. You will monitor and interpret insurance regulations to ensure company policies align with them.
Responsibilities:
- Regulatory compliance: Have an up-to-date knowledge of insurance regulations from governing bodies such as the NAIC, FCA, SEC, and FINRA to ensure the company remains compliant.
- Risk assessment and audit: Assist in developing and implementing risk management strategies to prevent regulatory breaches and financial penalties.
- Policy development & implementation: Draft, update, and enforce internal compliance policies, ensuring alignment with legal requirements.
- Reporting & documentation: Prepare reports for senior management, auditors, and regulatory bodies detailing compliance performance and risks.
- Investigations & enforcement: Conduct investigations into suspected compliance violations, fraud, and misconduct.
About you:
- Experience within the Insurance industry.
- Knowledge of regulations: Familiarity with relevant insurance laws (e.g., AML, OFAC, FINRA, etc).
- Attention to detail: Spotting inconsistencies in policies or reports.
- Analytical skills: Assessing risks and interpreting regulations.
- Communication skills: Explaining compliance requirements to non-experts.
- Team-oriented: Ability to work with cross-functional teams, including underwriting, legal, risk management, and audit, to ensure compliance with regulations and company policies.
For any questions, please contact: peter.winfield@angovepartners.com
