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Sanctions Specialist - London Market Insurance

Posted 1 day 3 hours ago by G MASS

Permanent
Not Specified
Other
London, United Kingdom
Job Description

We're working with a leading Lloyd's Managing Agent to identify a proactive and knowledgeable Sanctions Specialist to join their compliance function.

This is a key role focused on managing sanctions referrals from underwriting teams across a range of international territories, requiring a solid grasp of current sanctions frameworks and strong stakeholder communication skills.

Key Responsibilities:

  • Review and process sanctions referrals from underwriters, ranging from straightforward to complex cases
  • Assess referrals across multiple high-risk territories including Russia, Cuba, Iran, and Sudan
  • Apply up-to-date knowledge of international sanctions frameworks (EU/US/UK) to assess compliance risks
  • Review slips and supporting documentation to evaluate exposure and advise on required actions
  • Liaise closely with internal stakeholders, clients, and external Managing Agents to ensure accurate and timely responses
  • Collaborate with sanctions technicians and analysts to escalate and resolve complex matters efficiently
  • Support compliance with Lloyd's market standards and contribute to the development of internal screening practices
  • Prior experience working in the Lloyd's or London Market is essential
  • Strong working knowledge of international sanctions regimes, including sectoral sanctions (e.g. oil & gas transfers)
  • Ability to interpret and apply sanctions lists across different jurisdictions and corporate structures
  • Familiarity with underwriting processes and technical documentation (e.g. slips, basis of acceptance)
  • A self-starter who can mange their time, workload and documentation with minimal oversight
  • Excellent communication and stakeholder management skills
  • Comfortable working in a fast-paced environment with minimal training required

Initial 12-month contract. Paying in the region of £80k - £110k per annum.

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