Compliance & Risk Analyst
Further Group is on a mission to give people choice when it comes to their healthcare. We solve unmet healthcare needs, working every day to give people a better chance at a successful medical outcome, following our vision that healthcare should not be limited by geography.
Further Group is a private-equity backed, fast-growing specialist in cancer-focused critical illness insurance and services. Headquartered in Madrid with international operations, we partner with global insurers, reinsurers, banks, and affinity organizations to improve access, outcomes, and economics of cancer care.
The Compliance & Risk Analyst will support the Legal & Compliance Department in ensuring adherence to all regulatory obligations, risk management expectations, and internal governance standards.
The position requires strong analytical skills, structured thinking, and the ability to operate in a highly regulated environment.
As our Compliance & Risk Analyst, you'll get to:
1. Regulatory Compliance & Insurance Intermediation
· Support compliance activities associated with reinsurance broker and tied insurance agent licenses.
· Assist in monitoring regulatory changes, performing impact assessments, and supporting implementation of new requirements.
· Participate in the preparation of filings, reports, and communications with supervisory authorities.
· Maintain updated regulatory registers (outsourcing, conflicts of interest, etc.).
· Support Product Governance processes.
2. Internal Policies, Governance & Controls
· Assist in drafting, updating, and operationalizing internal compliance policies.
· Help perform internal monitoring activities and periodic testing to validate policy adherence.
· Coordinate with internal teams to ensure compliance with internal control frameworks.
3. Internal & External Audits
· Support with the preparation and coordination of internal audits, external audits, clients’ DDs and audits and regulatory inspections.
· Assist with audit documentation, follow‑up actions, and process remediation efforts
4. ISO Certification Support
· Collaborate in activities linked to ISO 9001 (Quality Management) and ISO/IEC 27001 (Information Security), and ISO/IEC 27701 Certifications.
· Support during internal and external audits, as well as to all necessary tasks related to the maintenance of Further’s Q&ISPMS.
· Help monitor compliance with information security controls.
5. Training & Awareness
· Contribute to the development of compliance training materials.
· Help deliver awareness initiatives on compliance, data protection, information security, and conduct requirements.
6. Reporting
· Assist with periodic compliance and risk reports for management and regulatory bodies.
· Prepare dashboards and summaries for the Legal & Compliance Department.
We'd love to meet someone who:
Required Qualifications
· Bachelor’s degree in Law, Business Administration, Economics, Risk & Compliance, or related discipline.
· Advanced English (B2 / C1) both written and spoken.
· Strong analytical and organizational skills, with attention to detail.
· Ability to manage confidential information with discretion.
· Proficiency in Microsoft Office.
· Experience or strong interest in the insurance, health insurance, insurtech, or health services sectors (would be a plus)
· Familiarity with insurance distribution regulations (IDD) (would be a plus)
· Prior internships or junior roles in compliance, legal, audit, risk, or regulatory affairs.
· Exposure to governance frameworks, conduct risk, and internal control environments.
· Exposure to ISO 9001, ISO/IEC 27001, ISO/IEC 27701 systems and related audit cycles.
· Experience assisting with corrective actions, process mapping, or quality management activities.
· Effective communication skills and ability to collaborate across teams.
· Proactive, eager to learn, and comfortable managing multiple tasks.
· Strong sense of ethics and responsibility.
What we're offering:
Are you looking for a new challenge in your career? Do you want to join a growing, dynamic and engaged international company with perspective for significant growth? If so, we have the perfect opportunity for you!
We are looking for talented professionals who want to work in a hybrid working model, where you can enjoy the best of both worlds: three days in the office and two days at home. You will also benefit from a competitive compensation package that rewards your performance and skills.
As part of our team, you will collaborate with colleagues from different countries and backgrounds, sharing your expertise and learning from theirs. You will work in a modern, open plan office in a beautiful building in central Madrid, close to transport hubs. And you will have access to complementary fruit, tea and coffee to keep you energized throughout the day.
In addition, we offer attractive employee benefits, including Cobee for social benefits and flexible compensation, as well as Wellhub, a platform designed to support your well-being and promote an active, healthy lifestyle.
If this sounds like the ideal job for you, don't hesitate to apply now! We are looking forward to hearing from you!
Further is a certified “Happy At Work” employer. We earned the “We Impact Index” certification along with a Bronze Medal from Ecovadis, demonstrating our dedication to a positive work environment and impactful ESG practices.
We believe passionately that employing a diverse workforce is central to our success. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital, or disability status.
- Department
- Legal
- Locations
- Madrid
- Remote status
- Hybrid