CFC

Cyber risk underwriting through MGA platform

Group Financial Crime Manager

Financial Crime & AMLUpdated on Nov 13

Full-timeLondon, UKNo salary listedHybrid

About the Job

Requirements

Strong second-line compliance experience, up to 8 years, in the UK insurance market, such as a Lloyd’s managing agent, coverholder, or UK company-market insurer.
Extensive knowledge of international financial crime regulation and expectations for insurers, especially sanctions.
Strong communication and report-writing skills, with attention to detail.
Ability to work autonomously at pace, using sound judgement and discretion.
Strong stakeholder-management skills and ability to explain complex topics clearly.
Experience working with delegated authorities, including understanding binding authority agreements.

Responsibilities

Provide pragmatic, commercially minded financial crime advice to the business.
Support the MLRO, including screening and analysis of internal SARs and advice on onward disclosures.
Oversee the Group’s sanctions-screening solution and approve escalations of screening alerts.
Analyse complex sanctions cases across UK, EU, US, Canadian and Australian regimes.
Support and oversee investigations into suspected financial crime incidents and breaches, including fraud, escalating findings and recommendations as needed.
Review broker additional commission arrangements.
Horizon scan for financial crime-related developments and communicate key changes at relevant governance forums.
Develop, enhance and maintain financial crime policies, procedures, guidance and the wider framework, including completion of the annual Financial Crime Risk Assessment.
Deliver internal and external reporting and strengthen MI, KPIs and KRIs, including monthly frozen-funds reporting.
Design and deliver tailored financial crime and sanctions training and communications; coach junior colleagues.
Manage workload proactively and collaborate with UK and international Compliance colleagues as needed.

Join CFC's Compliance team and play a pivotal role in safeguarding our business, customers and reputation from financial crime.

We are seeking an experienced Group Financial Crime Manager (SM&CR Certified Function) to lead the ongoing development, enhancement and oversight of CFC's financial crime framework across the Group. Operating within a fast-paced, technology-driven insurance environment, you will help ensure that our approach to financial crime risk remains robust, effective and aligned with evolving regulatory expectations.

As a key subject matter expert within the second-line Compliance function, you will provide pragmatic and commercially focused guidance to stakeholders across CFC Underwriting and other Group entities. You will oversee the implementation and ongoing effectiveness of financial crime policies, procedures and controls, helping the business identify, manage and mitigate financial crime risks while supporting sustainable growth.

Working closely with senior leaders, the wider Governance team and colleagues across the organisation, you will influence decision-making, drive best practice and help ensure compliance with all relevant legal and regulatory requirements.

Key responsibilities

Your responsibilities will include but are not limited to:

Provide pragmatic, commercially minded financial crime advice to the business.
Support the MLRO, including screening and analysis of internal SARs and advice on onward disclosures.
Oversee the Group’s sanctions screening solution and approve escalations of screening alerts.
Analyse complex sanctions cases across UK, EU, US, Canadian and Australian regimes.
Support and oversee investigations into suspected financial crime incidents/breaches (including fraud), escalating findings and recommendations as needed.
Review broker additional commission arrangements.
Horizon scan for financial crime-related developments and communicate key changes at relevant governance forums.
Develop, enhance and maintain financial crime policies, procedures, guidance and the wider framework, including completion of the annual Financial Crime Risk Assessment.
Deliver internal/external reporting and strengthen MI, KPIs and KRIs (including monthly frozen funds reporting).
Design and deliver tailored financial crime and sanctions training and communications; coach junior colleagues.
Manage workload proactively and collaborate with UK and international Compliance colleagues as needed.

To be considered for this opportunity you must have strong second line compliance experience (up to 8 years) in the UK insurance market (e.g Lloyd’s managing agent / Cover holder or UK company market insurer). Other experience needed:

Extensive knowledge of international financial crime regulation and expectations for insurers (especially sanctions)
Excellent communication and report-writing skills, with strong attention to detail.
Comfortable working autonomously at pace, using sound judgement and discretion.
Strong stakeholder management skills and the ability to explain complex topics clearly.
Experience working with delegated authorities, including understanding of binding authority agreements.

About the Company

CFC

Cyber risk underwriting through MGA platform

CFC Underwriting is a specialist insurance provider operating as a managing general agent (MGA) that underwrites on behalf of a panel of carriers, focusing on emerging and specialty risks with a strong emphasis on cyber. It uses a proprietary global insurance platform powered by data science to streamline underwriting across a portfolio of 50+ products, including cyber and professional liability, with an in-house incident response team adding comprehensive cyber risk management. It differentiates itself through its early focus on cyber, large in-house claims and incident response capabilities, and a global broker-driven distribution model. Its goal is to deliver fast, precise underwriting and robust risk management for technology-related and other specialty risks worldwide.

Company size: 1,001-5,000
Company stage: Not listed
Total funding: Not listed
Headquarters: London, United Kingdom
Founded: 1999

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