Regulatory Assurance Officer

Location: London - Hybrid

Reports to: Head of Regulatory Operations

Working Arrangements: Permanent Role - Full time

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One SiriusPoint’, to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.

We have underwriting hubs in Bermuda, Liege, London, New York and Stockholm, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. 

Your role

Your role will be Regulatory Assurance Officer for our European operation, based in London.

In this role, you will be working closely with the Head of Regulatory Operations to support the business in meeting regulatory requirements and achieving satisfactory business and client outcomes. The role’s focus is on assurance activities such as supporting and monitoring the implementation of regulatory requirements. You will report to the Head of Regulatory Operations placed in Stockholm, who reports to the Deputy CEO for SiriusPoint International, with a dotted line to the General Manager of the UK branch of SiriusPoint International.

Your key responsibilities:

• Responsible for implementing defined tasks or project activities related to introducing new regulatory requirements affecting our European operation. Current examples are tasks associated with; the implementation and assurance of relevant oversight of compliance with the UK regulation; Operational Resilience, and the EU regulation; Digital Operational Resilience Act (DORA).
• Work alongside the Head of Regulatory Operations to establish and maintain a robust oversight of the framework defined for operational resilience.
• Support mapping and documenting critical functions, related processes, and assets to ensure the operation’s digital resilience is in line with defined risk tolerances and internal & external requirements.
• Support maintenance and testing of the local business continuity plans, including planning and execution of recurring exercises.
• Build and maintain collaborative, mutually beneficial partnerships with key internal stakeholders. The main stakeholders are managers throughout the business and IT operations, Legal & Compliance, and Risk Management teams.

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values are at the heart of our business, and which guide everyday actions and decision making.

• Integrity: Integrity, respect and trust are our core principles
• Customer Focused: Our customers are the reason we exist
• Solution Driven: Creating solutions is our mindset
• Diversity: Diversity, inclusion and allyship make us stronger
• Collaboration: Collaboration drives outperformance

Your skills and abilities should include:

• Bachelor’s degree and at least 1-3 years of work experience in implementing new or modified processes within a financial services organisation – ideally (Re)Insurance.
• Interest in the (re)insurance industry and an understanding of the evolving regulatory environment and its impact.
• Knowledge of regulatory requirements affecting insurance companies, such as Solvency II, DORA, and Operational Resilience is an advantage.
• Experience in a project-driven environment, with a keen ambition to refine and develop project management skills
• A process-focused and analytical mindset, with the ability to identify, address, and resolve issues that may arise across various aspects.
• Great communication skills to collaborate with diverse teams.
• Ability to work independently and as part of a team in a fast-paced environment.
• Experienced with Microsoft Office especially for presenting and communicating – use of AI and other tools will be a big advantage

Why Should You Join SiriusPoint?

Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package.

We Achieve More Together

At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.

We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.