Job Description
Compliance Officer - Insurance
London (Hybrid)
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.