SVP, Compliance at Acrisure

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Financial Services, BrokerageIndustries

Requirements

Ability to work closely with the Global Head of Compliance & Risk
Experience acting as primary contact with global broking teams and corporate functions
Expertise in advising on Trading Partner relationships, onboarding, and maintenance
Knowledge of maintaining accurate records of trading partner relationships, including correspondence, documentation, and due diligence
Proficiency in advising on and drafting TOBAs, Non-Disclosure Agreements, Confidentiality Agreements, Transfer of Business Agreements, and other contractual or insurance documents
Understanding of licensing requirements and compliance with applicable regulatory regimes across markets/jurisdictions
Capability to handle third party payment approvals, ensuring policy adherence, stakeholder updates, and escalations
Skills in identifying and advising on potential sanctions issues, escalation, guidance, and commercial solutions
Experience responding to intermediary questionnaires from third parties
Ability to prepare, compile, and collate compliance data and MI
Competence in assisting with maintenance of registers (e.g., Gifts & Entertainment, Complaints)

Responsibilities

Work closely with Broking Teams, Operations, and key stakeholders to advise on Trading Partner relationships and assist in onboarding and maintenance
Maintain accurate and up-to-date records of trading partner relationships, including related correspondence, supporting documentation, and onboarding due diligence
Advise on and draft TOBAs, Non-Disclosure Agreements, Confidentiality Agreements, Transfer of Business Agreements, and other related contractual or insurance documents
Advise on licensing requirements to ensure business is permitted to transact/place business in specific markets/jurisdictions and ensure compliance with all applicable regulatory regimes
Manage third party payment approvals, ensuring Firm's policies are followed, key stakeholders are updated, and escalations occur where required
Identify and advise on potential sanctions issues, recognize when issues might occur, escalate where required, provide guidance and commercial solutions timely, and liaise with business/stakeholders
Respond to intermediary questionnaires from third parties regarding their onboarding requirements
Prepare, compile, and collate compliance data and MI
Assist with maintenance of various registers, such as Gifts & Entertainment, Complaints, and others
Act as business advisor and enabler, working closely with Global Head of Compliance & Risk as primary contact for global broking teams and corporate functions

Skills

Key technologies and capabilities for this role

ComplianceRisk ManagementDue DiligenceContract DraftingTOBANDARegulatory ComplianceLicensingSanctions ScreeningOnboardingPayment ApprovalsData Compilation

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

This information is not specified in the job description.

What salary or compensation does this SVP role offer?

This information is not specified in the job description.

What key skills and responsibilities are required for this SVP, Compliance role?

Key responsibilities include advising on trading partner relationships and onboarding, drafting agreements like TOBAs and NDAs, ensuring licensing compliance across jurisdictions, handling third-party payment approvals and sanctions issues, and maintaining compliance registers.

What is the company culture like at Acrisure?

Acrisure is committed to employing a diverse workforce and considers all applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

What makes a strong candidate for this SVP, Compliance position?

Strong candidates will have expertise in compliance advisory, regulatory regimes, drafting insurance-related contracts, managing third-party relationships and sanctions, and working closely with broking teams and stakeholders.

Acrisure

Insurance broker specializing in risk management

About Acrisure

Acrisure provides insurance and risk management services through a network of independent insurance agencies known as Agency Partners. This model allows Acrisure to offer tailored solutions to a diverse clientele, including business owners and institutions in sectors like agriculture, arts, and waste management. The Agency Partners maintain local relationships while leveraging Acrisure's global resources, ensuring personalized service. The company generates revenue by earning commissions and fees from insurance policies sold through its partners, fostering a mutually beneficial relationship. Acrisure's goal is to combine local expertise with global capabilities to deliver high-quality insurance solutions.

Grand Rapids, MichiganHeadquarters

2005Year Founded

$19.5MTotal Funding

DEBTCompany Stage

Financial ServicesIndustries

1,001-5,000Employees

Risks

Increased competition from fintech firms may challenge Acrisure's market share.

Rapid expansion could lead to integration risks and cultural clashes.

Strategic alliances may result in conflicts of interest or operational inefficiencies.

Differentiation

Acrisure's unique model leverages a global network of independent Agency Partners.

The company combines local expertise with global resources for tailored client solutions.

Acrisure's rapid growth is driven by strategic partnerships and innovative insurance products.

Upsides

Acrisure's expansion into new markets like Bermuda strengthens its global presence.

The appointment of industry veterans enhances Acrisure's leadership and growth potential.

Winning 'Broker of the Year' boosts Acrisure's reputation and client trust.

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