Compliance Officer

The Role

Compliance Officer 

Reporting to the Senior Compliance Manager, this individual will form part of the Compliance Team that has responsibility for compliance of the Management Company and all clients under management. 

Specifically: 

• Support the client servicing teams in the delivery of services to insurance and reinsurance companies under management, ensuring that those client companies remain compliant with applicable regulations and legislation.

• Act as the named Compliance Officer for a number of entities as approved by MFSA. 

• Advise the Management Company and clients under management on applicable laws, rules, regulations and codes of practice to ensure business is conducted in a compliant manner, providing insight on industry best practice, and benchmarking.

• Reporting to client company Boards on applicable regulation and legislation, and on the extent of their compliance with regulation and legislation.

• Support the Senior Compliance Manager and wider Captive and Insurance Management Solutions Compliance team in the ongoing development, implementation and management of an appropriate risk-based compliance monitoring programme.

• Review and assess compliance breaches and remediation.

• Provide training in compliance matters as appropriate.

• Keep up to date with future compliance developments and be a source of advice and guidance on this and related issues to the Company and Clients. 

• Continually review and adapt the compliance infrastructure in response to any changes in the compliance environment. 

The Requirements 

• Third level degree and relevant qualifications. 

• Minimum 3 to 5 years’ experience in a compliance role preferably in an insurance business 

• Ability to understand and interpret regulatory requirements. Knowledge and experience of the local regulatory environment would be an advantage. 

• Ability to communicate with colleagues and clients at all business levels, including Board Directors. 

• Excellent organisation and time management skills with the ability to prioritise workload. 

• Strong inter-personal and communication skills including ability to deliver information in a clear and concise manner. 

• Ability to manage multiple simultaneous tasks in a high pressure, deadline-driven environment. 

We are committed to equal employment opportunities at WTW