Sanctions Screening Analyst - Insurance

This role supports the sanctions compliance function of a Lloyd's managing agent client, working as part of an embedded third-party team. The Sanctions Screening Analyst is responsible for the day-to-day operation of sanctions screening processes, alert management, and escalation procedures, with a focus on accuracy, efficiency, and regulatory alignment.

Key Responsibilities

Conduct sanctions screening across counterparties, coverholders, and transactions in line with client procedures Manage and resolve screening alerts, documenting decisions and escalation rationale Maintain sanctions watchlists and screening configurations, ensuring alignment with OFAC, HMT, UN, and EU designations Support the periodic review of sanctions policies, procedures, and risk appetite Assist in preparing sanctions-related reporting for compliance and risk committees Liaise with underwriting, claims, and delegated authority teams on sanctions queries Contribute to process improvement initiatives including automation and workflow enhancements Monitor sanctions regime updates and assess implications for screening coverage and procedures This role is placed and managed by a specialist third-party managing agent.

Candidates will be embedded directly into the client's team.

Requirements

Sanctions screening experience within insurance, financial services, or a related regulated environment Familiarity with major sanctions regimes including OFAC, HMT, UN, and EU frameworks Experience operating screening platforms and managing alert queues Understanding of insurance market counterparty structures, including coverholders and TPAs, beneficial Strong analytical skills with a methodical approach to alert investigation and documentation Comfortable identifying process gaps and contributing to control improvements Benefits Competitive salary Initial 9-month contract