Compliance Officer - Insurance Industry
London or Kent
£Competitive with benefits
Reporting to the Compliance Manager, the role of Compliance Officer is to ensure that the company complies with existing regulations and internal policy and ensure 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. 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 new 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 Insurance Manager’s Regime. You will have excellent understanding of the general insurance industry 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. For this you will be rewarded with the opportunity for a successful career within an expanding global company.
If you would like to learn more about this opportunity or other opportunities in the market then contact Francesca Butcher at email@example.com or call for a confidential discussion on 020 3771 9647.
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