What are the responsibilities and job description for the 2nd Line Assurance Analyst position at Beazley Management Limited?
General
Job Title : 2nd Line Assurance Analyst
Location : West Hartford, CT
Job Summary : Contribute to the provision of high-quality independent risk assurance and compliance monitoring across the group.
Key Responsibilities
Contribute to the on-going development of the risk based second line assurance framework.
Assist in the development and delivery of the second line assurance plan.
Undertake ongoing compliance monitoring, and scope, plan and undertake risk-based compliance thematic reviews across the group to provide assurance that regulatory requirements and other compliance policies are adhered to.
Scope, plan and undertake risk assurance assignments to assess the design and operational effectiveness of the group's control environment.
Prepare reports to a high standard, including content, format, style, and timeliness. Reports should include root cause analysis, be pragmatic and make value-adding recommendations.
Manage relationships with other parts of the group, including encouraging colleagues to go to the assurance functions for support to help ensure they conduct their roles in a controlled and compliant manner.
Work closely with colleagues in other assurance functions to ensure an efficient approach to assurance, share knowledge, and identify areas of concern.
Assist with the preparation of papers for relevant boards and committees.
Assist with ad-hoc assurance work and projects, as required.
Personal Specification
Knowledge and Experience :
Experience of working in an assurance related role (i.e., compliance, internal / external audit, or risk management).
A working knowledge of risk management frameworks and risk & control assessment.
Experience delivering assurance projects (planning, designing, and executing testing, performing root cause analysis, and reporting results), as well as liaising with senior management as appropriate.
Strong understanding of the financial services industry (ideally insurance) and its regulatory environment in one or more of the following jurisdictions : US, UK, Europe.
A good understanding of corporate governance.
Skills and Abilities :
Excellent written and verbal communication skills.
Proactive, able to identify tasks that need completing and see them through to their conclusion.
Ability to work in detail and see the big picture.
Excellent time management and prioritization.
Analytical thinking.
Team player and the ability to use own initiative.
Ability to work in a pressurized, deadline bound environment.
Aptitude and Disposition :
Highly motivated
Outcome focused
Flexible
Professional approach to successfully interact with stakeholder
The rewards :
The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization
ttractive base compensation and discretionary performance related annual bonus
Competitively priced medical, dental and vision insurance
Company paid life, and short- and long-term disability insurance
401(k) plan with 5% company match and immediate vesting
22 days annual PTO (full-time, prorated for 1st calendar year of employment), plus paid public holidays with the ability to flex the religious bank holidays to suit your religious beliefs. Additional PTO purchase is available up to a maximum of 5 days per calendar year.
Up to $700 reimbursement towards home office setup
Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance in support of your wellbeing
The opportunity to save for, and purchase, shares of Beazley stock
Six months fully paid parental leave, regardless of how you come to parenthood
Company paid sabbatical up to 12 weeks after 10 years of continued service
Support with exam / study leave and fees for relevant qualifications related to furthering education
Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business
Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $70,000 - $82,000 per year plus discretionary annual bonus. You will be able to discuss your salary expectations should you be contacted about this role.
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