The UK & Lloyd’s Chief Operating Officer to is responsible for leading, managing, and controlling the strategy and execution of all operational activities impacting UK region. The role of Operations Governance and Compliance Officer will be reporting into Chief of Staff, COO UK & Lloyd’s to help the function achieve its 4 key objectives of: Keeping the business safe, keeping the lights on, Business/Market Transformation, and Innovation.
Working closely with the COO and COO LT, this role will be responsible for supporting the reporting, compliance and governance of the COO activities including project governance responsibility, committee secretarial management and board reporting. Notably this role will provide essential project and governance support the Delegated Authority Service Centre Director with the Delegated Oversight Review.
What you’ll be doing
What will your essential responsibilities include?
- Project Governance and Management
- Driving governance and project oversight for the Delegated Authority Review project amongst other regulatory initiatives within the COO’s responsibility.
- Stakeholder management amongst workstreams, actions owners and UK leadership escalation
- Project Steering Committees, workstreams and action management.
- Project reporting documentation capturing and reporting progress, key risks and implications, escalation management
- Board, Quarterly Business Review and Committees
- Assisting with the provision of company secretarial support to the Boards, Board Committees and other key executive committees of the UK regulated entities relevant to COO
- Supporting the collection, collation, and distribution of COO board and committee papers.
- Organising and attending meetings, maintaining annual planners of key items for consideration, preparing minutes and tracking action points.
- Tracking, reporting and oversight of IA actions applicable to the COO, UK & Lloyd’s.
- Compliance
- Working with the Compliance function on COO regulatory responsibilities including Lloyd’s principles of doing business and managing changes and updates to regulation that impact the COO.
- Supporting the COO comply with the XLICSE UK branch and XLCSSE UK branch regulatory requirements
- Support the COO’s management of regulatory relationships e.g. FCA, PRA, Lloyd’s and overseas regulatory authorities (CBI).
- Working with Global Ops and Tech to ensure collaboration and regional engagement on Cloud, InfoSec, Innovation, Data & Analytics to support COO’s compliance with SMF requirements and expectations.
You will report to Chief of Staff, COO UK & Lloyd’s.
What you’ll bring
We’re looking for someone who has these abilities and skills:
Required Skills And Abilities
- Excellent stakeholder management skills.
- Previous experience in Compliance and understanding of SMF responsibilities and requirements.
- Solid understanding of regulatory framework including, PRA, FCA and Lloyd’s requirements with a focus on Consumer Duty.
- Ability to execute and deliver results across an extensive range of priorities, allied to a proactive approach, anticipating needs.
- Ability to prioritise conflicting needs, progress matters expeditiously and follow through on projects to successful completion.
- Excellent minute writing skills, preferably gained within financial services.
- Interpersonal Communication: excellent verbal and written communication and influencing skills.
- Ability to work self-directed and on own initiative whilst being part of a wider team.
Desired Skills And Abilities
- Prior experience of the Lloyd’s market desirable, but not essential.
What we offer
Inclusion
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.
It’s about helping one another — and our business — to move forward and succeed.
- Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
- Robust support for Flexible Working Arrangements
- Enhanced family-friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We’re committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.
For more information, please see axaxl.com/sustainability.
Who we are
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
