South East: Kent, London: London City.
£40,000 - £50,000
Compliance Officer sought 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.
Role will involve managing regulatory submissions and providing Compliance training, technical guidance, support and tailored feedback on regulatory issues. Monitoring 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 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 and Senior Insurance Manager's Regime. Understanding and implementing 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. Excellent understanding of the general insurance industry and a relevant qualification is also required.
Candidates 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. Candidates will be capable of developing and applying 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.
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.
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