IT Risk, Compliance & Audit Analyst - Insurance - London/Hybrid - OUTSIDE IR35
Posted 1 day ago by Scarlet Fraser Associates
Negotiable
Outside
Hybrid
London/Hybrid, UK
Summary: The IT Risk, Compliance & Audit Analyst role is focused on ensuring compliance and managing IT risks within a rapidly growing London Market insurance business. The position requires a blend of technical expertise and regulatory knowledge, with responsibilities including policy updates, vendor compliance management, and interaction with global offices. This hybrid role necessitates three days a week in the City of London office. The position is classified as outside IR35.
Key Responsibilities:
- Keeping all IT policies and standards updated;
- Updating Lloyds related questionnaires and audit queries from Security, Compliance and Monitoring;
- Stay up to date with key regulations in the UK, EU, and US and respond to questionnaires from regulators;
- Interact with global offices to provide IT support in responding to regulators;
- Manage monthly review of 3rd party vendors for compliance with IT controls;
- Organise and track quarterly audits, and annual actions such as Disaster Recovery and Business Continuity Planning etc.; and
- Act as a single point of contact for all security questionnaires.
Key Skills:
- Experience in developing IT standards, IT policies, and managing IT controls
- Strong background in London Market insurance and a sound understanding of regulatory frameworks for cyber, AI, and financial controls (including NIST, ISO, SOX, emerging AI governance frameworks, and other relevant standards);
- Expert analytical and organisational skills with the ability to navigate ambiguous problems and drive strategic, enterprise-level insights and recommendations;
- Ability to design, refine, and lead complex governance methodologies, frameworks, and best practices adopted across multiple functions;
- Exceptional written and verbal communication skills, with the ability to influence senior leaders and translate complex risk, AI, and cyber concepts for diverse audiences.
- Demonstrated thought leadership, deep curiosity, and commitment to continuous learning in emerging risk, AI, and cyber domains; and
- Preferably 3-5 years of experience working in IT Audit for the Big 4.
Salary (Rate): undetermined
City: London
Country: UK
Working Arrangements: hybrid
IR35 Status: outside IR35
Seniority Level: undetermined
Industry: IT
IT Risk, Compliance & Audit Analyst - Insurance - London/Hybrid - OUTSIDE IR35.
Our client, a rapidly growing London Market insurance business based in the City of London, urgently requires an experienced IT Risk, Compliance & Audit Analyst to join their team. This is a hybrid role with 3 days a week in the London (City) office expected.
As IT Risk, Audit & Compliance Analyst, you will be responsible for:
- Keeping all IT policies and standards updated;
- Updating Lloyds related questionnaires and audit queries from Security, Compliance and Monitoring;
- Stay up to date with key regulations in the UK, EU, and US and respond to questionnaires from regulators;
- Interact with global offices to provide IT support in responding to regulators;
- Manage monthly review of 3rd party vendors for compliance with IT controls;
- Organise and track quarterly audits, and annual actions such as Disaster Recovery and Business Continuity Planning etc.; and
- Act as a single point of contact for all security questionnaires.
ESSENTIAL SKILLS & EXPERIENCE:
- Experience in developing IT standards, IT policies, and managing IT controls
- Strong background in London Market insurance and a sound understanding of regulatory frameworks for cyber, AI, and financial controls (including NIST, ISO, SOX, emerging AI governance frameworks, and other relevant standards);
- Expert analytical and organisational skills with the ability to navigate ambiguous problems and drive strategic, enterprise-level insights and recommendations;
- Ability to design, refine, and lead complex governance methodologies, frameworks, and best practices adopted across multiple functions;
- Exceptional written and verbal communication skills, with the ability to influence senior leaders and translate complex risk, AI, and cyber concepts for diverse audiences.
- Demonstrated thought leadership, deep curiosity, and commitment to continuous learning in emerging risk, AI, and cyber domains; and
- Preferably 3-5 years of experience working in IT Audit for the Big 4.
Key skills; IT Audit, Risk IT, Compliance, IT Controls, NIST, ISO, SOX, AI, governance, Cyber, London Market insurance, Lloyds Market insurance, Specialty insurance, London.