The LSM Compliance Function is a key part of LSM''s internal control framework predominantly within the second line of defence. The role and responsibilities of the LSM Compliance Function includes:• Establishing an open and constructive relationship with LSM’s regulators (and supervisory bodies).• Providing advice to the relevant governing bodies on compliance with applicable laws and regulations and providing advice to the business such as policies and procedures or written updates.• Assessing the possible impact of any regulatory development(s) on the business and working with the business to ensure compliance.• Identification and assessment of compliance risk to develop an appropriate framework to ensure it is appropriately managed.• Ensuring that LSM’s Compliance Strategy is in line with its broader strategic objectives.• Working with the business to assess new opportunities and ensuring appropriate control frameworks are established.• Working closely with Liberty Mutual Group Compliance and Ethics to ensure that the LSM compliance framework is consistent with the group.• Reporting to the LSM governing bodies in relation to the management of compliance risk including the provision of all relevant management information to allow key decision making to be undertaken.• Working with HR, develop and implement relevant and timely compliance education and training to all LSM colleagues.Key Responsibilities

Working as a member of the LSM Compliance Function’s Advisory and Assurance Pillar in undertaking its responsibilities outlined above.Support the Head of Compliance in managing the regulatory relationship with LSM’s key regulators including the PRA, FCA and Lloyd’s (and relevant overseas regulators).Represent the Compliance Function at certain governing body meetings, reporting on compliance matters and participating in executive management matters.Contribute to the creation of quarterly compliance MI and reports for Boards and Committees.Support the Head of Compliance in the management of the relationship with Liberty Mutual Group Compliance and Ethics department.Monitoring

Participate in day-to-day monitoring activities to provide assurance that all business activity is conducted consistently in line Compliance policies and procedures.Identify and escalate any compliance breaches in a timely manner.Advice

Support the Compliance function in providing appropriate, timely and strategic advice to the business in a clear, effective, and efficient mannerAssist in the oversight of due diligence for a variety of new business opportunities and verify a range of controls across existing operationsAct as a key reference point for business stakeholders for all compliance related matters and queries.Compliance framework review

Assist with conducting strategic reviews of internal frameworks relevant to Compliance systems and controlsAssist in oversight and assurance of the Conduct and financial Crime Risk framework and associated procedures.Horizon scanning

Provide detailed and strategic and timely assessments of the application of new regulatory developments and their impact on the business.Keep abreast of and understand the impact of regulatory and legislative updates that could impact LSM’s business operations.Training and support

Assist in the delivery of an effective and appropriately tailored LSM Compliance training programme both business-facing, and to members of the Compliance team.Assist and guide more junior members of the Advisory and Assurance team.Provide concise accurate status updates and trend analysis to the Compliance Officer on a regular basis for relevant tasks and initiatives.Develop strong and commercially responsive relationships with all key stakeholders.Change and transformation

Work closely with the Compliance team and other relevant stakeholders to deliver change projects effectively and efficiently.Lead on and effectively contribute to allocated workstreams and projects to deliver outcomes in line with agreed deadlines, escalating issues promptly.Collaborate effectively with the wider Compliance Pillars to deliver one efficient compliance function to the wider business.Skills and Experience

Relevant professional qualifications and strong academic recordRelevant insurance experience, preferably within the London/ Lloyd’s market.Good awareness of the regulatory requirements based on demonstrable experience in ComplianceAbility to communicate complex topics in a simple and audience-sensitive way both verbally and in writing.Excellent critical thinking and decision-making skills.Agile and adaptable, able to respond to changing priorities and business needs.First class people skills and a team player with excellent communication.Proven experience and track record of solving problems and delivering solutions to the business.Natural project management and a champion of change.Able to challenge and be challenged.Analytical with the ability to grasp complex issues quickly.Ability to listen, be flexible, but decisive.Pragmatic and principled.About Liberty Specialty Markets (LSM)

Liberty Specialty Markets is part Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:Offering a vibrant and inclusive environment and committing to their career development.Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.A supportive culture, which includes promoting a healthy work-life balance and working flexibly.For more information, please follow the links below:https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-ushttps://www.libertyspecialtymarkets.com/gb-en/careers/diversity-inclusion-wellbeing/diversity-and-inclusion

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