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Regulatory Interaction Officer

Applications for this role are now closed. View similar roles here.
The details


Arthur are supporting a reputable Insurance Broker in adding a Regulatory Interaction Officer to a new central Compliance function.

The basis of the role is to not only interact with regulatory bodies such as the FCA, but also with other regulators, including but not limited to, the CMA, Treasury, Jersey & Guernsey regulators and regulators in territories where the Group has a presence.

The Role

  • Interacting with regulated businesses to ensure consistency and accuracy in returns, information provision and applications and their timely submission.
  • Work closely with the Regulatory Interaction Manager to determine own work priorities and activities to ensure appropriate and timely regulatory interaction.
  • Ensure the timely completion of allocated tasks, activities and projects.
  • Understand overseas licences requirements.
  • Organise responses from impacted businesses to FCA thematic and other information requests.
  • Liaise with relevant Pillar stakeholders when queries received from regulators.
  • Prepare regulatory submissions including VOPs, CiC, SMF, Directory and firm standing data.
  • Review regulatory returns and attestations, using a risk-based approach to quality assurance of certain returns, and requesting changes or points of clarity from Pillars.
  • Request MI from Pillars for overseas business and identify potential risks.
  • Monitor overseas business against licences in place.

About you:

  • Formidable knowledge of FCA requirements specifically relating to Non-life insurance products within ICOBs (MCOBS & COBS, desirable but not essential).
  • Able to strongly navigate the FCA handbook
  • Minimum of 2 years’ experience working in a second line compliance role within a non-life insurance broker / insurer.
  • Some experience of international Licencing Applications, desirable but not essential.
  • Experience of regulatory reporting and the use of FCA systems
  • Strong regulatory focus.
  • Good analytical skills
  • Strong organisational skills.
Applications Closed