Risk and Compliance Analyst

Overview

In this role you support the Head of Compliance and the risk team to embed the risk management framework across Insurance Solutions. You act as a central control point for risk governance, enabling consistent risk identification, assessment, monitoring and reporting across the division. You help maintain regulatory compliance with Davies Insurance Solutions framework and oversee the Appointed Representatives network. You will work with cross‑functional teams to strengthen risk ownership and drive timely action on issues and controls. This is an opportunity to shape risk governance at scale within the London Market Intermediaries, Captive Management and North America businesses.

Responsibilities

• Support the implementation, maintenance and enhancement of the Insurance Solutions risk management framework across entities and business units
• Maintain and develop risk registers with governance-aligned assessment, ownership and reporting
• Engage risk owners to identify and rate risks and support controls, mitigations and action plans
• Maintain action logs, monitor overdue actions and escalate material issues and risk appetite breaches
• Assist with risk workshops and risk reviews to improve risk ownership and quality of risk documentation
• Prepare risk MI, dashboards and reporting packs for boards and leadership forums
• Support rollout of client risk assessments and financial crime risk assessments with regulatory input
• Assist with the Compliance Monitoring Plan and reflect findings in risk reporting where relevant
• Oversee the Intermediary Services AR network, onboarding, due diligence, policy reviews and regulatory oversight
• Prepare board/committee materials for AR oversight, DIS compliance meetings and governance reporting
• Monitor regulatory requirements (IDD, PRIN, ICOBS, SYSC, PROD, SUP) and assess implications for risk management

Key requirements

• Several years of experience in risk and compliance, preferably in Insurance
• Strong understanding of risk management and framework design
• Experience maintaining risk registers, action plans and governance docs
• Solid understanding of regulatory rules and changes affecting wholesale/retail markets
• Desire to pursue or have relevant risk/compliance qualifications
• Understanding of FCA rules such as PRIN, ICOBS, SYSC, PROD and SUP
• Excellent organisational and stakeholder management skills
• Confident in challenging and influencing senior stakeholders
• Strong written and verbal communication skills
• Ability to manage multiple priorities and deadlines
• Team-oriented with Davies values

• Stakeholder management
• Excellent communication
• Team collaboration
• Risk management frameworks
• Risk registers and governance documentation
• Regulatory knowledge (IDD, PRIN, ICOBS, SYSC, PROD, SUP)

…