# Compliance Assistant [Ascot Group](https://www.jorb.ai/firms/ascot-group.md) · London · United Kingdom · [Risk & Compliance](https://www.jorb.ai/jobs/risk-compliance.md) Ascot Group is hiring a Compliance Assistant in London. Posted 2026-08-05; applications close 2026-10-04. **Apply**: https://fa-emkq-saasfaprod1.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX/job/1029 Posted 11h ago. ## Role details ## About Ascot Group Ascot Group is a specialty risk underwriting organization. Operating through an ecosystem of interconnected global platforms, Ascot is guided by a common mission and purpose: **One Ascot**. Its culture is collaborative, inclusive, and entrepreneurial, grounded in underwriting excellence, integrity, and a passion to find a better way—**The Ascot Way**. Ascot is built to be resilient, delivering bespoke products and world-class service both before and after claims, while maximizing client financial security through agility, collaboration, resilience, and discipline. ## Job Purpose Work closely with the Compliance Function to implement the Compliance Framework, execute the annual Compliance Plan, and assist with related compliance activities within the Ascot Group, comprising **Ascot Underwriting Limited (“AUL”),** **Ascot Bermuda Limited (“ABL”),** **Ascot Underwriting Bermuda Limited (“AUBL”),** **Ascot Insurance Guernsey Limited (“AIGL”),** and **Ascot Group Limited (“AGL”).** Assist the Function with providing regulatory and compliance advice across the Group companies, and update related policies, procedures, processes, and controls at regular intervals. Collaborate closely with internal stakeholders and departments across Ascot to complete compliance workstreams in a positive, efficient, and timely manner. ## Detailed Duties ### Assisting the Compliance Manager ### Compliance Framework - Confirming systems and controls are in place to ensure Ascot’s operations in the UK, Bermuda, and Guernsey comply with regulatory requirements from: - Lloyd’s of London (“Lloyd’s”) - Lloyd’s Insurance Company (“LIC”) - The Prudential Regulatory Authority (“PRA”) - The Financial Conduct Authority (“FCA”) - The Bermudan Monetary Authority (“BMA”) - Guernsey Financial Services Commission (“GFSC”) - Other regulators’ requirements - Work with the Compliance Team to support, understand, and advise the business in a proactive, open, timely, and transparent manner, balancing regulatory and commercial requirements. - Keep abreast of regulatory activity across relevant jurisdictions to help ensure all areas of the business meet applicable regulatory requirements. - Review policies, procedures, and associated systems and controls to ensure they operate efficiently and effectively. - Complete internal logs, update the regulatory diary, and carry out required administrative tasks. ### Compliance Plan - Assist with the design and execution of the annual Compliance Plan, providing regular updates to the Compliance Manager on progress. - Assist with embedding the Compliance Framework and relevant systems and controls. - Provide regular updates on progress against the annual Compliance Plan. ### Compliance Monitoring - Assist with Compliance Monitoring by providing assurance and ongoing reporting of key compliance and business risks across issues including: - New broker applications and adherence to credit limits - Licensing restrictions and international trading requirements - Underwriting authority control and monitoring framework - Other areas as required ### Horizon Scanning - Contribute to Horizon Scanning activities with support from the wider Compliance Team, including: - Completing horizon scanning logs and related reports - Assisting with gap and impact analysis - Working with the Function to implement new regulations and requirements in a timely, effective, and pragmatic manner ### SM&CR Framework - Assist with carrying out requirements under SM&CR regulations, including: - Drafting and maintaining Ascot’s SM&CR framework - Maintaining updates to the Management Responsibilities Map - Assisting with handling applications to Lloyd’s, the PRA, and the FCA, as required ### Reporting and Governance - Assist with drafting appropriate Board, Committee, or other governance papers for: - Compliance Team Meetings - AUL Board - AUL Risk Committee - AUL Executive Committee - ABL Executive Committee - Any other Board, Committee, governance body, or meetings as required ### LIC - Ensure LIC’s Operating Model is complied with, including: - Supporting the LIC RD to carry out a monthly file review of LIC risks to monitor whether underwriters comply with the LIC Underwriting playbook - Notifying and recording underwriting and process breaches - Working closely with Underwriting Teams, secondees and non-secondees to undertake any remediation activities ### FCA and Lloyd’s Returns - Ensure relevant regulatory deadlines are entered within Ascot’s Regulatory Diary system and monitored periodically. - Oversee the Lloyd’s Business Timetable and FCA Returns Calendar to ensure regulatory returns are completed and submitted in a timely and accurate manner. ### Employers Liability Register (“ELR”) Maintenance & Audit - Act as primary Compliance Team lead by ensuring Ascot’s ELR is up to date and reconciled with valid policy and claims. - Oversee and assist with the annual ELR audit, including: - Co-ordinating with external auditors - Liaising with Operations and other internal teams - Overseeing and managing associated remediation ### Training - Ensure training and development regarding compliance matters is in place for all Ascot staff and adhered to. - Review and update the content of training courses to ensure they align with regulatory requirements. ### Compliance Projects - Provide support and input on Compliance projects with cross-functional teams and Group companies, as determined by the Senior Compliance Manager or Head of Compliance. ### Compliance (Underwriting Authority Templates) - Draft new or update existing underwriting authority templates for underwriters and complete the annual renewal process. ### Financial Crime - Where required, work closely with the Financial Crime Team to help ensure Ascot remains compliant with applicable sanctions and financial crime legislation. ### Conduct & Complaints - Where required, work closely with the Conduct & Complaints Team to help ensure Ascot adheres to relevant conduct risk and consumer duty requirements and continues to place customer needs at the heart of Ascot’s business. ### Other - Attend regulatory and legislative change-related seminars, webinars, conferences, and market forums when required. ## Culture - Support the promotion and development of a culture of proactive compliance within Ascot. - Proactively engage with the business to support and enable growth in a compliant manner across underwriting divisions. - Support the development of an open and cooperative relationship with Lloyd’s, the PRA, the FCA, the BMA, and other regulatory bodies. - Develop positive relationships with, and work closely with, key stakeholders within the Function and with Legal, Risk, Delegated Authority, Ops, IT, senior underwriters, their teams, and the business. - Maintain a proactive, positive, and open working relationship with the Compliance Team and the Function. ## Applying to this role This Compliance Assistant role at Ascot Group runs through the firm's own careers portal and expects a CV and cover letter written specifically for the posting, not a portable submission carried across firms. Jorb AI's application agent tailors a CV and cover letter from your background to this posting and tracks the role alongside the rest of your applications. [Tailor this application](https://www.jorb.ai/signup?ref=job-atom&firm=ascot-group&job=6a735e6ec612510b1619f61e) ## Other open Risk & Compliance roles - [2027 Institutional Equity Division Business Control Unit Industrial Placement Program (Hong Kong)](https://www.jorb.ai/jobs/6a44600ef0a594deddfba63d.md) at [Morgan Stanley](https://www.jorb.ai/firms/morgan-stanley.md) – Hong Kong, posted 1mo ago - [London – Long Term Internship 2026 – Credit Counterparty Risk Management Information](https://www.jorb.ai/jobs/6a5cb1afa1cfbd8f362e9b02.md) at [BNP Paribas](https://www.jorb.ai/firms/bnp-paribas.md) – London, posted 25d ago - [Legal & Compliance Intern (New York) – Summer 2027](https://www.jorb.ai/jobs/6a1d8c785934adb8262c10c5.md) at [D. E. 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