This is a high profile role with a growing international insurance group. This role would suit someone who is looking to build a compliance function within an insurance start up. You will have a desire to work in a scale-up environment with high growth ambitions.
In this role, you will be an Approved Person in the FCA register, a member of the firms Executive Committee and play a key role in sustainably scaling the UK business. In addition to having responsibility for regulatory compliance and reducing legal risk, you will lead the project to obtain full FCA authorisation as an insurance intermediary in the UK (the company will initially operate as an Appointed Representative of a third party, but is subsequently looking to transition to full authorisation status).
Responsibilities will include:
Reviewing the effectiveness of policies and procedures, suggesting improvements to encourage good practices, reduce risk and promote a strong commitment to TCF principles
Providing guidance and training to the Board of Directors and collaborating with them to define the company’s risk appetite and risk and controls frameworks
Managing regulatory and compliance reporting for regulators, key partners (including insurance providers) and the Board of Directors
Drafting and reviewing contracts with third parties and employees
Managing regulator relationships
Addressing risk incidents and other non-compliance events
Designing and implementing training regimes
Requirements for the role are:
You will have good experience of providing guidance and training to the Board of Directors and collaborating with them to define the company’s risk appetite and risk and controls frameworks.
You will also be able to manage key regulator relationships.
Previously or currently hold a senior Legal / Compliance role in a company operating in the P&C insurance sector or in a law firm
Multiple years’ experience in retail motor insurance in the UK
Extensive knowledge of the Insurance Distribution Direction and other relevant regulation and legislation
Have previously been on the FCA’s Senior Management and Certification Regime
A desire to work in a scale-up environment with high growth ambitions and an agile mentality
State of the art tech
Passionate and friendly team
An opportunity to work in a scale-up where both your work and the results are highly tangible to the success of the business
Please get in touch for further information and a full job spec.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.