Compliance Officer

OverviewAre you looking for your next opportunity? Sompo has a unique opportunity for a Compliance Officer in our Compliance Department in Continental Europe. The Compliance Department is a cornerstone of trust within the insurance industry. Our team ensures that the company operates with integrity by adhering to regulatory requirements, ethical standards, and industry best practices. We work closely with business units to navigate evolving insurance regulations, manage conduct and operational risks, and uphold strong governance across all products and processes. By fostering a culture of transparency and accountability, we help protect policyholders, strengthen market confidence, and support sustainable long‑term growth.Location: This position will be based out of one of our offices in Continental Europe preferably out of Luxembourg. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.Our business, your impact, our opportunity What You’ll Be DoingAssist with maintaining and enhancing the existing corporate compliance program in the EU region and ensuring Sompo International is in compliance with local laws and regulations and help building out policies, processes and procedures to align with Sompo International standards.Help ensure the Sompo International local country entities maintain ongoing regulatory compliance with applicable laws, rules and regulations, including the maintenance, development and or harmonisation of necessary policies and procedures.Support the Head of Compliance with internal reporting, regulatory filings, notifications, and correspondence; Contribute to governance bodies, risk committees and Board discussions; Assist in updating of the annual compliance plan.Support compliance with AML/CFT, and regulatory obligationsRespond to compliance queries from Company branch offices.Respond in a timely fashion to sanctions queries from underwriting colleaguesSupport the Product Oversight Group in assessing new products for compliance including in reviewing target marketManage and report on complaints, prepare management information as necessaryManage periodic reporting to Japanese Head Office on compliance mattersAssist with regional compliance training.Collaborate closely with the Sompo International European-based Legal team, global Legal & Compliance Department and other business units (Management, Underwriting, Multinational Team, etc.) on cross-jurisdictional and international projects What You’ll Bring3+ years’ experience in insurance industry compliance and regulatory affairs is preferred within a global insurance organisation.Preferably a law degree background. Expertise in Compliance, Risk Management, or AML is highly valued. Certifications (CAMS, ICA) are an asset.Well-organised with an ability to thrive in a fast-paced work environment and meet internal and external regulatory deadlines.Team oriented and able to work collaboratively and effectively with business clients and other legal and compliance department members.Possess excellent English language skills, and proficiency in one of the following languages: German, Italian, French and/or Spanish is highly desirable Our BenefitsWe continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:Expansive Health & Wellness BenefitsGenerous Retirement & Savings PlansGlobal Parental Leave & Adoption Assistance About UsExpert Partners. Clarity in complexity. Unwavering commitment. We are Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holding’s 135 years of innovation, we seek to deliver a unified approach to servicing and providing customized solutions for our clients, ensuring that we meet their needs effectively and consistently. #J-18808-Ljbffr