SVP, Compliance at Acrisure

London, England, United Kingdom

Acrisure Logo
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

Compliance
Risk Management
Due Diligence
Contract Drafting
TOBA
NDA
Regulatory Compliance
Licensing
Sanctions Screening
Onboarding
Payment Approvals
Data Compilation

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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