Trainee Compliance Administrator

Guernsey

About The Role:

To ensure Suntera attains competent standards of regulatory and other compliance practices by providing practical, efficient and commercially balanced compliance solutions.  

The purpose of the role is to assist the Compliance team with the development and management of the Compliance function. In particular to ensure that the Compliance and Countering Financial Crime (“CFC”)  frameworks are maintained and developed to meet the needs of Suntera and to ensure that such frameworks are properly understood by everyone within the business. 

Responsibility for assisting with the completion of all operational compliance activities and to work in a number of areas including conducting compliance monitoring, assessments, reports and undertaking ad-hoc work and projects.  

Your duties will include:

•  
  • Help develop and promote a strong and properly functional Compliance culture within Suntera 
  • Assist with the completion and maintenance of the Compliance Monitoring Programme and reporting any deficiencies 
  • Log and keep up to date all relevant registers, including but not limited to, risk, breaches, complaints, PII notifications, errors, PEPs and introduced business registers 
  • Assist with the review of CDD and new business packs, as well as dealing with ad hoc CDD queries that arise 
  • Assist with the collation and presentation of information for management reporting 
  • Investigate and report on any adverse information regarding the client, potential client or related parties found via the internet, RiskScreen, automated screening or via other means 
  • Assist with the completion of regulatory returns and information requests from all third parties such as service providers and regulatory/law enforcement bodies and ensure these are completed in an accurate and timely manner 
  • Work with the Compliance team to ensure that Suntera’s policies, procedures and controls are properly embedded, effective and robust, in order to support the immediate and future business plans and adhere to regulatory requirements. This will include assisting with updates to these 
  • Review and close off the daily RiskScreen hits 
  • Escalate any issues, risks or concerns to the Compliance Manager as appropriate in a timely manner, whilst helping development & implement solutions 
  • Assist with the provision of staff training 
  • Any other ad-hoc tasks and responsibilities as assigned to you by your Manager 

Trainee Actuary/Analyst - Actuarial Insurance

Reference: HR 14014

Key Responsibilities

The duties of this role include but are not limited to

• Checking and analysing data received from insurance clients
• Assisting in the preparation of data and calculations for standard actuarial valuations and consultancy services for our life and general insurance clients including
  • General insurance/captive reserving
  • Solvency II calculations
  • Actuarial aspects of IFRS 17 accounts
• Calculating, checking and analysing financial reports
• Preparing and checking standard valuation reports and producing communications and reports for clients
• Using, maintaining, and developing Excel spreadsheets, R programs, and various specialist actuarial software systems to support the advice given to our clients
• Representing BWCI professionally and effectively and maintaining a high standard whether by phone, in writing or in person
• Being responsible for checking the work of other team members
• Providing support to partners and staff of BWCI as required

Qualifications and Experience

Education

• Minimum A Grade A Level for Maths (or equivalent)
• Applications also welcome from graduates

Experience/Skills

• Basic use of Microsoft Word, Excel, and email is a minimum requirement

Actuarial Trainees will be supported to undertake examinations towards a qualification with the Institute and Faculty of Actuaries Training will be provided in all aspects of the work required

Person Specification

The ideal candidate should be

• Able to demonstrate good communication and teamwork skills
• Able to work with minimum supervision on tasks assigned to them after an initial briefing of the task required
• Interested in problem solving, analytical, and have great attention to detail.
• Familiar with R (or a similar programming language)