Senior Compliance Analyst

Description

The role of the Senior Compliance Analyst supports the Regulatory Affairs & Conduct pillar in delivering compliance oversight and regulatory initiatives, with a key focus on regulatory change, Appointed Representatives (ARs) and SMCR regimes, KRI/MI reporting, e-learning and training.
The successful candidate will act as a key point of contact for first-line queries, help embed good regulatory outcomes, and ensure robust administration and reporting across the pillar’s activities. Cross-functional collaboration across all compliance pillars and the wider Insurance Services division is expected to ensure seamless delivery of shared compliance initiatives.

Key Responsibilities

• Ensure timesheets are accurately and diligently completed within the required timeframe. Manager’s only – in addition, ensure timesheets are authorised within the required timeframe.
• Support the onboarding, due diligence, and ongoing monitoring of ARs, including preparing FCA notifications and assisting with annual AR reviews and thematic checks.
• 2 Support the submission and ongoing compliance of the Appointed Representative (AR) framework and applications with the FCA for SMCR, maintaining accurate AR and SM registers and documentation.
• Assist the Senior Compliance Manager in delivering other activities in relation to SM&CR, and conflicts of interest management.
• Administer the compliance e-learning programme, including overseeing content updates, deployment, completions tracking (with support), and management information reporting.
• Collate and validate data for key risk indicators (KRIs) and management information (MI) from across the pillars, producing regular dashboards and reports for governance forums.
• Collate information required for submitting regulatory reports.
• Assist with horizon scanning, regulatory change logs, and the implementation of regulatory updates, as delegated by the Senior Compliance Manager.
• Respond to compliance queries from the business, escalating complex matters as needed and assist with policy reviews and updates.
• Act as the designated compliance client-lead for an allocated portfolio of clients: meet regularly with client contacts, manage expectations, escalate issues as appropriate, and provide feedback and insights to the wider compliance team to support continuous improvement and client satisfaction.
• Work collaboratively with other Compliance pillar leads and teams to ensure seamless delivery of cross-functional compliance initiatives and projects, fostering a culture of shared responsibility and mutual support across the Compliance function. Contribute to divisional compliance initiatives and support the development of a shared resource model across the wider Davies Insurance Solutions compliance division.

Skills, Knowledge & Expertise

• Experience in compliance within an FCA-regulated environment (insurance/Lloyd’s preferred).
• Working knowledge of SM&CR and AR regimes.
• Progress toward a relevant professional qualification (e.g., ICA, CISI, CII) desirable.
• Working knowledge of territorial licencing requirements a plus.
• Strong organisational and planning skills, with the ability to manage multiple priorities.
• Excellent written and verbal communication skills.
• Proactive, detail-oriented, and adaptable to changing requirements.
• Ability to build and maintain effective working relationships across teams.
• Competent user of Microsoft Applications (including Co-Pilot, Outlook, Word, Excel, and PowerPoint), with an aptitude for leveraging technology and AI to improve compliance processes.

Why Asta?

At Asta, you’ll enjoy a market-leading benefits package that puts your wellbeing, career development and financial future first. We combine flexible working, strong family-friendly policies and exceptional rewards to create a supportive, inclusive and high-performing workplace.

Our benefits include:

Work-life balance you can rely on

• 35-hour working week with hybrid and flexible working
• Generous holiday allowance that increases with service

Your health & wellbeing covered

• Private medical insurance with virtual GP access
• Annual health screening, dental cover and eye care
• Subsidised gym or sports club membership

Support for you and your family

• Enhanced maternity, paternity, adoption and shared parental pay

Rewarding your contribution

• Highly competitive pension with up to 13% employer contribution
• Life assurance and income protection
• Discretionary annual bonus scheme
• Interest-free season ticket loan and salary sacrifice schemes

We are a specialist professional services and technology firm, working in partnership with leading insurance, highly regulated and global businesses.

We help our clients to manage risk, operate their core business processes, transform and grow. We deliver professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation & risk, customer experience, human capital, digital transformation & change management.

Our global team of more than 8,000 professionals operate across ten countries, including the UK & the U.S. Over the past ten years Davies has grown its annual revenues more than 20-fold, investing heavily in research & development, innovation & automation, colleague development, and client service. Today the group serves more than 1,500 insurance, financial services, public sector, and other highly regulated clients.