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Compliance monitoring business partner (insurance)

Manchester
Barleycorn
Insurance
Posted: 14h ago
Offer description

My client is seeking an experienced Compliance Monitoring Business Partner to play a critical role in delivering assurance that the business meets its regulatory obligations.The successful role holder will focus on designing and executing the compliance monitoring plan, supporting Quality Assurance second line testing, identifying risks, and providing actionable insights to strengthen controls across the business.Key Role Responsibilities:Support the development and execution of the annual Compliance Monitoring Plan, ensuring alignment with regulatory priorities and business risk.Deliver robust monitoring and assurance activities to assess adherence to Consumer Duty, SM&CR, ICOBS, and other FCA requirements.Conduct a variety of monitoring reviews, including targeted, thematic, and recurring assessments, alongside testing of key controls across critical business processes.Provide assurance on product governance, fair value assessments, pricing/GIPP adherence, sales practices, marketing and promotion materials and documentation.Identify gaps through root cause analysis - producing clear, insightful reports with practical recommendations and agreed remedial actions.Support the team to provide second-line assurance over the Commercial department, supporting continuous improvement and regulatory compliance.Maintain comprehensive evidence and reporting for all monitoring activities, ensuring accurate action tracking and timely follow-up on remedial actions.Produce clear, actionable reporting for the Board, ExCo, and Risk Committee.Key Skills & Knowledge Required:Strong knowledge of FCA rules: SM&CR, PRIN, ICOBS, PROD, SYSC, Consumer Duty, DISP.Proven experience in compliance monitoring, testing, and assurance activities.Excellent analytical, report writing, influencing and stakeholder engagement skills.Considerable experience within the UK General Insurance (GI) sector is preferredIf this sounds like it could be of interest to you, please click 'Apply' - or for more information, contact Terry Wetters (Founder/Director): 07891 708 941 / terry@barleycorn.io

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