We are delighted to be partnering with a brand new client that operate within the insurance sector.
Description:
Our client are seeking a Compliance Officer to join their small Compliance team based in Manchester. This individual will support the Head of Compliance and work with the Senior Compliance Consultant in all aspects of Compliance providing support internally and externally to ensure that the firm complies with all relevant and required regulation and legislation.
In additional to Compliance experience, time spent working in either Insurance Broking or Employee Benefits is required.
Key Responsibilities:
- Supporting the business with ongoing projects to ensure regulatory changes are understood, policies & procedures remain relevant and suitable training provided.
- Updating documentation as appropriate for the business to remain compliant.
- Positively supporting the auditing and role plays across all business areas ensuring that the experience is good for all concerned, feedback is provided, and development opportunities are understood and supported
- Supporting the business meet its growth aspirations by supporting to meet its growth aspirations by supporting new business pitches agreeing TOBAs, etc. and participating in company projects and initiatives.
- Supporting the Head of Compliance with responding to the regulators or PI insurers requests for information and ensure responses are made in a timely way
- Supporting the Head of Compliance in actions arising from the ongoing Risk Committee process
- Monitoring and report on available management data which allows the business to better understand and respond to any regulator or customer demands and expectations such as fair value.
- Managing complaints and the complaints process to ensure that individuals are dealt with in a timely and appropriate way
- Supporting the Head of Compliance in actions arising from the ongoing Risk Committee process
Salary & Benefits:
Competitive salary (up to £45k dependent on experience, 25 days holiday, 6% employer contribution pension scheme, buy & sell holiday scheme, cash plan, life assurance (4x basic salary), income protection, private medical insurance (when eligible), hybrid working, discounted insurance, EAP
This is a hybrid role (3 days in the office) with occasional travel to other UK offices.