Role The Compliance Manager will be the primary and first point of contact for regulators , including the FCA, Lloyds & PRA. You will be directly involved in or responsible for overseeing all interactions including, meetings, notifications and reporting.
Duties:
Lead and manage relationship with regulators on a day to day basis.
Act as first point of contact.
Build effective relationships.
Provide support – from managing meetings, notifications and ad hoc reporting.
Conduct critical assessments of information being provided to regulators and consumer associations via Compliance.
Ensure that regulatory meetings and other communications are monitored and that actions from these are captured and tracked, escalating any issues.
Act as point of contact for staff within the regional team in relation to regulatory requirements and expectations.
Conduct initial horizon scanning to identify regulatory developments which impact insurers.
Work with Deputy General Counsel–to determine whether developments have a regional or local impact.
Where developments are material regional impact, produce impact assessments, support gap analysis work and hand across to the relevant team for implementation.
Act as a point of escalation for Compliance staff within the region and business in relation to regulatory interactions, notifications, applications and reporting.
Manage Compliance’s work on the UK individual accountability regime.
Support the provision of regular information and analysis regarding the work of the Regulatory Services team, who contribute to ensuing that regulatory expectations are met.
Support the Regional Compliance Officer and other members of the function in relation to internal reporting obligations to various forums
Work closely with the Local Compliance Officer - Ensure they are updated on interactions with UK regulators
Work closely on regulatory developments.
Provide support to and carry out work as directed by the Deputy Regional Compliance Officer.
Experience required:
Have good knowledge of the insurance industry.
Have an excellent understanding of the UK regulatory environment.
Previous experience in a similar role is essential.
If you feel that you have the relevant experience required for this role & wish to fast track your application - Please forward your up to date CV (with cover letter) to kp@arthur.co.uk
