Head of Compliance XL Re Europe

Location : Dublin (in hybrid working mode)

An exciting opportunity has become available to join AXA XL’s compliance team. AXA XL is a large Division within AXA which is one of the biggest (re)insurers globally. AXA XL has a significant international reinsurer domiciled in Ireland that requires a Head of Compliance (PCF 12). Reporting to the Head of Compliance for Reinsurance, this role will be responsible for Compliance in XL Re Europe and have the support of branch staff and centres of excellence including Financial Crime, Policy and Monitoring. This role will be based in Ireland with flexible (smart) working and a modest amount of travel.

DISCOVER your opportunity

Summary of Role

• To be responsible for providing operational compliance and CBI interaction for the Company’s operations. To facilitate the Company’s business strategy, help mitigate business threats and keep the Company’s operations in compliance with relevant regulatory requirements.
• To draft and execute the XL Re Europe Annual Compliance Risk assessment and Plan. Collaborate with Legal, Risk, HR and the broader Compliance team including the Centres of Excellence as required.
• Possess strong knowledge of CBI requirements for Reinsurers and be the PCF 12 role holder.

What will your essential responsibilities include?

• To assess and manage compliance and regulatory risk within the Company working closely with the broader Compliance team, legal and executive management.
• Whilst business leaders are accountable for managing compliance risks relevant to their business, the Compliance team provides compliance risk analysis/advice to them and ensures challenge and independent monitoring and oversight.
• Provide appropriate and timely reporting on compliance and regulatory issues to both executive management and the Board/committees.
• Collaborate with other Compliance colleagues to help deliver effective compliance training and communication to all employees in the Region.
• Ensure an understanding of Company strategy to enable proactive and risk-based compliance advice to facilitate business opportunities whilst always ensuring that the interests of XL Re Europe are safeguarded.
• Collaborate with colleagues in Risk Management, Internal Audit, HR and Legal teams to coordinate monitoring, assurance and transactional advice to the business.
• Keep pace with changes to legislation, regulations and market practice in the relevant jurisdictions in which the company operates.

SHARE your talent

We’re looking for someone who has these qualifications and skills:

• Significant experience in a senior compliance leadership role in (re)insurance
• A comprehensive understanding of compliance, regulatory and financial crime issues
• Experience dealing with regulatory authorities at a senior level
• Ability to apply regulatory and compliance requirements to the business in an efficient and business friendly manner
• A creative problem-solver able to work with the business to enable solutions
• Excellent interpersonal skills to work collaboratively with colleagues to drive and embed a culture of compliance in the region
• Outstanding judgment with a willingness to exercise it and be assertive as necessary
• An ability to communicate at all levels in the organization and lead a department with confidence and clarity

FIND your future

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 strong 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

Corporate Responsibility

At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters.”.

• Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
• Water: We’re developing water resilience where it is — and will be — needed most.
• Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
• Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs.

For more information please see the Corporate Responsibility section on our website.

Inclusion & Diversity

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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, while creating an inclusive culture where everyone can bring their full selves to work and can 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.