Senior Compliance Analyst

Summary

Join Coalition’s Legal and Compliance Department as a Senior Compliance Analyst and contribute to a fast-growing team. You will monitor and ensure adherence to regulatory requirements and procedures. This role involves handling regulatory and compliance matters, advising the legal and compliance team, and partnering with business functions. Based remotely anywhere in Germany, you will work independently, adapting to changing priorities and building relationships. The position requires strong operational, interpersonal, and analytical skills. You will support the maintenance and enhancement of the global risk framework, ensuring compliance with laws and regulations, and assessing compliance vulnerabilities.

Requirements

• 5+ years of experience in an insurtech or insurance industry; commercial experience preferred (cyber insurance experience a plus)
• High work standards, with the ability to multitask, meet deadlines, and effectively navigate a remote working environment
• Demonstrated ability to perform legal research of statutory/regulatory requirements
• Ability to fully and  effectively respond to client requests, following through on projects in a timely manner, and adapt to a fast-paced and changing environment
• Excellent oral and written communication skills, with a track record of presenting to internal stakeholders
• Working knowledge of the EU regulatory and compliance environment
• Strong insurance-related compliance experience in risk assessment, testing, and monitoring including knowledge of business processes and technologies
• Must be fluent in English

Responsibilities

• Support the maintenance, evaluation, and enhancement of our global risk and framework from an EU perspective
• Ensure company policies and procedures are effective, monitored, proportionate, and adhere to applicable laws and regulations.  e.g. IDD, GDPR & CPD
• Participates in the development and review of a comprehensive compliance framework for the organization, including policies and procedures relating to compliance with a specific emphasis on general corporate compliance
• Ensures compliance with laws and regulatory requirements, promoting the organization's commitment to compliance
• Assess risks and identify potential areas of compliance vulnerability throughout the enterprise
• Maintain our Risk Register, providing an appropriate challenge to risks, their assessments, and controls, ensuring timely actions are taken to manage all risks within appetite
• Interprets and communicates regulatory changes to business partners and aids in designing solutions to mitigate risk in support of compliant practices
• Provides oversight of corrective action plans developed through business unit self-audits and Compliance audits. Tests and validates corrective actions to confirm mitigation plans have been properly implemented
• Participates in preparing materials and information required in response to internal and external carrier or regulatory audits and assists in preparing communication of responses for compliance audits
• Prepares accurate and timely responses to insurance consumer complaints received directly from consumers or regulators
• Manages workload, prioritizes, and elevates issues where appropriate with little direction
• Solid background in cross-functional teamwork; experience working in a fast-paced, deadline-driven environment
• Ability to create and deliver presentations to senior stakeholders

Preferred Qualifications

• Bachelor’s Degree or equivalent work experience preferred
• P&C industry and/or Compliance professional designation, certification, or membership preferred

Benefits

• 100% public healthcare coverage
• 30+ paid holidays
• Annual home office stipend
• Statutory pension
• Mental & physical health wellness programs
• Competitive compensation and opportunity for advancement