This an exciting opportunity for an experienced general insurance compliance professional to join a leading insurer that provides a large portfolio of innovative products targeted directly towards corporate, legal and financial organisations in a business-to-business environment.
The Compliance Officer will be a part of the Governance team on a 12-month fixed term basis to cover maternity leave.
Reporting to the Chief Governance Officer, the role of the Compliance Officer is to ensure that the company complies with existing regulations and internal policy and ensures that all new regulatory developments and requirements are incorporated into the company’s policy and procedures across the UK. You will manage regulatory submissions and will provide Compliance training, technical guidance, support and tailored feedback on regulatory issues relevant to the business.
You will monitor new regulatory developments and legislation that affect the business and operation of the company; facilitate the identification and implementation of procedures, controls and changes to ensure compliance requirements are adhered to; provide advice and support to the business on a range of issues including regulatory supervision, financial, operational and other regulatory implications of new business proposals and on FCA & PRA regulations, DPA/GDPR, Senior Managers and Certification Regime and the Consumer Duty.
You will understand and implement oversight and audit requirements with particular emphasis on appointed representatives and outsourcing.
The role offers variety, ownership and the opportunity to get involved in key projects and initiatives across the business. The role involves some travel including to other UK offices and potentially overseas.
To be successful in this challenging role, candidates must have a good working knowledge of UK compliance and regulatory laws plus knowledge of the FCA and PRA handbooks with particular emphasis on the Senior Managers and Certification Regime. You will ideally have an insurance background including experience of the IDD and possess a relevant qualification for the role.
As you will be liaising with all levels of staff you must have excellent interpersonal and communication skills, combined with a flair for relationship building. The ability to grasp complex issues and be effective and confident in communicating complex messages, both in writing and verbally is essential for this role.
You will be capable of developing and applying your specialist knowledge to issues, possess excellent problem solving and analytical skills along with a high attention to detail. You will be able to organise and prioritise a varied and busy workload often within tight deadlines and be clear and focussed on achieving targets. Independent and able to work on your own initiative, you will also have the ability to function effectively in a team environment.
Above all you will be self-motivated, pragmatic and principled, and possess a flexible approach to your work.
- An attractive salary (DOE).
- 23 days holiday rising with years of service + options to buy/sell additional holiday.
- Hybrid working flexibility.
- Online discount portal.
- Life Assurance.
- Private Medical insurance and health cash plan.
- Employee assistance programme.
- Interest-free season ticket loan.
- Self-invested pension.
Please apply for the role by submitting your most up-to-date CV. If your application is successful, we will be in touch within 2 working days of receiving your job application to discuss the opportunity in more detail.
At Insure Recruitment, we work with clients who are dedicated to building a diverse, inclusive, and authentic workplace. So, if you’re excited about this role but your past experience doesn’t align perfectly with every qualification or criteria in the above description, we encourage you to apply anyway. You may be exactly what we’re looking for in this or other roles.