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Compliance Officer - Insurance

The details

Posted:

Compliance Officer - Insurance 
London  (Hybrid)
£70,000 - £80,000 (Plus benefits & bonus)

The purpose of this position is to support the Head of Compliance & Risk in advising the business and delivering key legal and regulatory obligations while operating as the SMCR SME and lead on projects to implement additional regulatory requirements.

Duties

  • Work with the Head of Compliance & Risk to implement, embed and provide ongoing monitoring of regulatory developments.
  • Help manage the SMCR Framework.
  • Guide and assist the business in delivering the correct outcomes. 
  • Conduct horizon scanning.
  • Draft and maintain policies and procedures.
  • Identify opportunities to collaborate with the broader businesses.
  • Deliver compliance training to the business.
  • Complete allocated tasks outlined in the Annual Compliance Plan.
  • Assist the team in managing the notification of data incidents and breaches.

Experience

  • Experience working in an insurance intermediary or insurance company.
  • In-depth understanding of the insurance market and placing process is necessary.
  • In-depth understanding of the FCA handbook
  • Experience with US surplus lines business is preferred but not essential;
  • Maintaining a positive attitude and self-motivated, with excellent organisational skills
  • Knowledge of Microsoft products.

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