VP Compliance, North America

Department: Compliance

Location: New York, NY

Company Information:

Acrisure Re is an independent global reinsurance broker with a reputation for placing reinsurance programs covering complex and technical books of business.  Founded in Toronto more than 25 years ago we are one of the few reinsurance brokers that work on Global reinsurance placements.

We act as a team to deliver success to our clients and to enable talent to thrive and develop. Innovation and creativity help us stand apart and underpin our growth. We empower our people and expect accountability and responsibility in turn, with ethics a critical component of everything we do.

Acrisure Re is an Agency Partner of Acrisure LLC, a global fintech-leader. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth, Acrisure' s dedication to its highly unique business model, ownership structure and entrepreneurial culture, has put us on the envious path of being the largest, most successful privately held insurance brokerage in the industry.

About the Role:

Based in New York and reporting to the Global Head of Risk & Compliance (who is based in London).  Utilising a hybrid working pattern with a minimum of 3 days per week in the office.  Significant experience of US (re)insurance broking is required, and an understanding of the London Market would also be beneficial.  Working closely with the Global Head of Risk & Compliance and the UK SVP Compliance, acting as a business advisor and enabler.

Key Responsibilities:

• Providing advice on and drafting of business documentation, to include but not limited to RIAs/TOBAs, NDAs, Confidentiality Agreements, related contractual or insurance documents.
• Responsibility for managing the firm's Conflicts of Interest Register, including leading firmwide annual attestations.
• Accurate and up to date record keeping for all documentation.
• Working closely with all key stakeholders to ensure that the Trading Partner process is followed with maximum efficiency. 
• Advising on licensing requirements to ensure that the business is permitted to transact and / place business in specific market / jurisdictions. 
• Act as relationship manager for third-party Compliance support in other jurisdictions, such as Bermuda, where there is no local Compliance resource for Acrisure Re.
• Ensuring compliance with all applicable regulatory regimes.
• Providing business support and commercial solutions for Trade Sanctions matters, identifying potential issues and escalating where required.
• Compile, collate and prepare Compliance data and MI to be used across a range of required reporting and governance. 
• Keeping up to date with regulatory developments and communications.
• Updating and maintenance of all required Compliance team documentation. 

Skills, Experience, and Education:

• 10+ years of relevant experience
• Significant experience of US (re)insurance broking is required
• An understanding of the London Market would also be beneficial
• Experience of preparing and reporting at formal Governance Boards
• Ability and willingness to multi-task effectively, efficiently and pro-actively to tight deadlines
• Ability to work independently but collaboratively with a Team based in multiple jurisdictions
• Effective verbal and written communication skills

What's in it for you?

• $150,000-$200,000 Base, relative to experience
• Bonus
• Pension
• Holiday
• Private medical care

About Us

Acrisure is an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. We develop a thorough understanding of our clients' situations and markets and create unique opportunities for innovative and ingenious solutions that deliver signature value.  Acrisure London Wholesale capabilities cover all aspects of placement facilitation, namely open market, delegated authorities, MGAs and facultative reinsurance.

Acrisure Re and Acrisure London Wholesale are an Agency Partner of Acrisure LLC, providing high quality insurance and risk management services and solutions. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth, Acrisure's dedication to its highly unique business model, ownership structure and entrepreneurial culture, has put us on the envious path of being the largest, most successful privately held insurance brokerage in the industry.

Our Ethos

Acrisure prides itself in achieving greatness through its people. We are a flat structure organization that see the person behind the position. It's up to you to shape your career but we provide you with every tool that we can to help you get there.

We believe teams and solutions are made stronger through different perspectives, which is why we're committed to a culture of equality, diversity and inclusion.

At Acrisure we are committed to developing our people as we believe that investing in our employees is critical not only for their individual success but the success of the organization. Through The Acrisure Academy (our learning system) we offer a variety of tailored courses and learning programs to enhance your skills and foster a culture of innovation. Additionally, we also offer ongoing professional development resources, coaching, and mentoring … by growing our people, we grow our business!

We are not partnering with agencies on any roles unless specified by the Talent Acquisition Team. Please do not send any unsolicited emails or InMail's with resumes/CV's as they will not be accepted or credited.