Join us as a Chief Compliance Officer to make a bigger business impact with your skills and wider talents.

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Chief Compliance Officer to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Talbot

Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019.   With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist.

Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism.  Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs.

Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio.

Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions.  It is headquartered in London with offices in New York and Singapore.

How you will create an impact

The Chief Compliance Officer has oversight over all Compliance-related activities across Talbot.  Accountable for the implementation of the Talbot Compliance Framework ensuring effective compliance and governance.  This person will report directly to the AIG Regional Chief Compliance Officer and Talbot’s General Counsel.

• Ensuring that systems are in place to facilitate Talbot Underwriting Limited (“TUL”)’s (and its subsidiaries and Talbot owned overseas offices) compliance with all Lloyd’s Acts, Byelaws and regulations and any regulations imposed by the relevant regulators.
• Ensuring that the systems are in place for the accurate and timely completion of all returns to Lloyd’s, the PRA / FCA and any other regulatory authority as required from time to time.
• Ensuring that systems are in place to ensure that each member of staff is aware of all relevant aspects of Lloyd’s Acts, Byelaws, regulations and bulletins, PRA/FCA and other regulations necessary to allow them to perform their duties.
• Monitoring the development and operation of the systems of management and control of the business with specific regard to regulatory expectations and recommend change if appropriate.
• Promoting a culture of pro-active compliance within the company.
• Foster a proactive working relationship with the General Counsel so that there are no gaps in the division of responsibilities.
• Assisting the General Counsel and Chief Executive Officer in maintaining an open and co-operative relationship with Lloyd’s, the PRA / FCA and such other regulatory bodies as appropriate.
• Fulfil the role of Money Laundering Reporting Officer and to ensure that there are systems in place to prevent Talbot entities being subject to money laundering, financial crime and breaches of applicable sanctions.
• Support the business to ensure that Talbot remains fully compliant with Conduct Risk requirements and also that robust Customer Challenge is applied where necessary.
• Understand the implications of PRA / FCA regulation for TUL and its subsidiary (and appointed representative) Talbot Underwriting Risk Services Ltd, and regulations as they apply to other overseas offices’ operations, and makes recommendations for changes in procedures etc to senior management. 
• Assist the General Counsel in managing enquiries from PRA / FCA, Lloyd’s and other regulators to maintain a good working relationship with them.
• Manage requirements in respect of regulatory visits and reviews.
• Compile and support compilation of responses on Lloyd’s/PRA/FCA consultative documents where relevant.
• Design systems of control, monitors compliance with company procedures and regulatory standards and maintains the Procedures for TUL and Talbot owned overseas offices and recommends change in response to changes in the business environment.
• Maintain a good working relationship with, and provides advice to, business areas on compliance issues
• Understand international compliance developments.  Supports underwriters and other group entities with enquiries on overseas business compliance, and in relation to fulfilment of business objectives of establishing affiliated offices.

What you’ll need to succeed

• The ideal person for this role should have experience of managing a Compliance team within a Lloyd’s regulated environment.  You will be a dynamic individual with a can-do attitude.  You will have a track-record of effectively leading a compliance department, developing the strategic direction and creating and enhancing business relationships.  Critical to this role is the ability to think holistically, lead the Compliance team to carry out tasks within its remit and to have appropriate gravitas to work with senior management.
• Significant knowledge and understanding of Lloyd’s compliance and regulatory issues; prior experience with applicable regulatory regimes essential.
• Significant experience overseeing regulatory compliance frameworks.
• Demonstrated ability to influence and work effectively within a highly matrixed organization with employees at all levels.
• Strategic thinker with strong problem-solving and execution skills.
• Excellent organizational, written, verbal and presentation skills.
• Strong interpersonal skills to foster good working relationships based on respect and trust.
• Ability to maintain an independent view where necessary.
• Ability to pro-actively manage workload and prioritize tasks to ensure service standards are met.
• Demonstrate personal commitment, acting with integrity displaying an open and trustworthy attitude.
• Significant relevant experience in the compliance function within the Lloyd’s insurance market. Good understanding of the relevant market environment, insurance products and related administration.

 

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to [email protected].  

CP - Compliance

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

Talbot Underwriting Services Ltd (TS1)