About the job
Who are we?
At Ki Insurance, we are at the forefront of innovation in the insurance industry, securing everything from space shuttles and world tours to wind farms and even footballers' legs.
Our mission is clear: to digitally disrupt and transform a 335-year-old market. Collaborating with technology leaders like Google and UCL, we have developed a platform that leverages algorithms, machine learning, and large language models to provide insurance brokers with quotes in mere seconds instead of days.
Proudly recognized as the largest global algorithmic insurance carrier, Ki Insurance is the fastest-growing syndicate within the Lloyd's of London market, having achieved a remarkable $100 million in profit within just three years.
Our diverse teams collaborate in an agile, cross-functional environment to provide an exceptional experience for our customers. With ambitious goals ahead, we seek brilliant minds to help us challenge the status quo and explore new horizons.
Your Role:
As a Senior Compliance Analyst, you will be pivotal in managing regulatory risks associated with Ki Insurance, including Syndicate 1618 and Ki Digital Services Limited. You will oversee the relationship with regulators, advocate for best practices, monitor and develop compliance procedures, stay informed on regulatory developments, and report findings to senior management.
Key Responsibilities:
- Provide timely guidance to underwriters to ensure compliance with Lloyd’s domestic and international licensing requirements.
- Advise underwriters and claims staff on adherence to financial and trade sanctions imposed by UN resolutions and EU, UK, and US sanctions legislation.
- Resolve sanctions-related inquiries from underwriters and claims personnel in alignment with Ki’s Financial Crime Policy under the supervision of the Head of Compliance.
- Compile and prepare monthly Compliance Reports and contribute to the Ki Underwriting Governance Committee.
- Support the Head of Compliance in fostering a robust compliance culture within Ki and across the Group.
- Assist in maintaining adequate systems, controls, and policies to meet regulatory requirements.
- Disseminate relevant publications and communications to staff, including Lloyd’s bulletins and LMA notices as necessary.
- Help maintain effective relationships with the PRA, FCA, Lloyd’s, and other relevant regulators and stakeholders.
- Provide regulatory training to employees on topics such as anti-money laundering and sanctions.
- Assist the Head of Compliance with ad-hoc projects as needed.
