Risk and Compliance Manager, Captive Management

Risk and Compliance Manager, Captive Management (Milan, Italy) - Milano, Italy

Senior Manager - Risk and Compliance Captive Management (Milan, Italy / Hybrid)

Interested in joining a growing team of professionals within the insurance industry in Italy? This may be the right opportunity for YOU

The Senior Manager for Risk and Compliance has the primary responsibility of acting as the official within Aon Insurance Managers Italy (AIM Italy) to ensure that AIM Italy and (re)insurance undertakings under management comply with all the laws under which they operate as well as ensuring that Risk Management is conducted in a structured, systematic, and continuous manner.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

• Holding the role of Risk and Compliance Manager within AIM Italy
• Acting as Risk and Compliance Manager for clients under management or supporting the relevant clients Function Holders
• Ensuring compliance with Insurance Legislation and Regulations and any other regulatory standards issued by IVASS applicable to AIM Italy and clients under management
• Using initiative, knowledge, and collaboration with the client teams to advise & support on a wide range of Compliance and regulatory matters
• Reporting to the Board of AIM Italy and clients under management on all compliance and regulatory matters as required
• Liaising with IVASS on regulatory matters
• Drawing up and implementing compliance plans to ensure corporate compliance with all applicable regulations
• Oversee the preparation of quarterly and annual regulatory reporting submissions
• Liaising with global clients and other service providers including actuaries, internal and external auditors, and risk consultants
• Reviewing procedures and systems on a planned basis from the viewpoint of effective compliance and advising as to steps necessary to ensure compliance
• Coordinating the development and ongoing maintenance of risk policies and procedures
• Monitoring and maintaining the system of governance and internal controls
• Developing risk management strategies
• Acting as or supporting clients Money Laundering Reporting Officers as required and ensuring staff are trained on and informed of all anti-money laundering regulations and procedures
• Reviewing staff training processes to ensure appropriate compliance competencies
• Conducting compliance risk assessment training workshops
• Advising internal management and clients on the implementation of compliance programs
• Following up on compliance issues that require investigation.

Skills and experience that will lead to success

• Be professionally qualified in Accountancy, Law, or Insurance essential
• Have a proven understanding of EU and Italian legislation, and the regulatory environment which governs our clients essential
• Strong understanding of the Solvency II regime essential
• Proven managerial experience ideally, with a compliance, finance, or insurance background.
• Have completed Compliance Training and other relevant training courses.
• Have been approved for a similar role by IVASS or have held a similar position in a regulated entity.
• A self-starter, with strong interpersonal skills, a strong team ethic, and ability to prioritize.
• Fluent Italian and English language skills are essential.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two Global Wellbeing Days each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions within the remit permitted for the role you will hold. We also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their aut