Indicative of the importance of this role to the business, this is an additional role to support the Compliance Manager.
As Compliance Officer you will support our rapidly growing Insurance Client who provides underwriting and claims services.
It is possible to work on a hybrid basis, balancing between working at home and in the office.
There may be a requirement to travel occasionally to other offices in the UK and overseas.
The main tasks of the Compliance Officer role include:
1. Identification, monitoring and mitigation of compliance, and data protection risks across the business.
2. Compliance monitoring reviews in accordance with the annual compliance monitoring programme.
3. Audits and risk assessments to help the business understand compliance risk, scope, and significance.
4. Review and provide feedback to the business on breaches and incidents.
5. Support the review, maintenance, and organisation of related compliance policies and ensuring the policies are up to date with the relevant laws.
6. Collaborate with Stakeholders to help create a culture of compliance.
7. Provide real-time compliance advice, with regards to the rules, regulation and internal policies that govern the business.
8. Prepare compliance related Management Information for Senior Management.
9. Undertake business reviews to determine compliance with data protection regulations, data security and other related areas, recommending process improvements.
10. Draft and review data protection-related documents and contracts, as required.
11. Provide knowledge and understanding to train, coach, and support employees on data protection compliance requirements, where required.
To be successful as Compliance Officer you will demonstrate:
12. Compliance experience within the Insurance or Financial Services Industry.
13. Good understanding of relevant legislation including the UK GDPR.
14. Ability to simplify and effectively communicate applicable legislation, regulations, and policies.
15. Critical problem solving ability.
16. Excellent verbal and written communication and the ability to challenge at all levels.
17. Ability to build relationships with other Business Units.
18. Strong report writing and presentation skills.