Compliance Officer
Salary: Competitive
Location: Hybrid working – Lakeside, Cheadle and working from home
Our client is a passionate Collective made up of Financial and Legal Insurance, Magnus, MSL, Supportis, and Dualdrive. They pride themselves on their commitment to understanding their customers' needs and empowering their people to excel. Join them as they strive for excellence through innovative products and exceptional service.
Job Purpose
As a Compliance Officer, you will support the Head of Risk and Conduct in delivering the Compliance Monitoring Programme across our client’s insurance business. Your role will involve undertaking comprehensive compliance assurance reviews, ensuring adherence to regulatory standards and contributing to effective risk management and continuous improvement throughout the Collective.
Key Responsibilities:
1. Maintain an up-to-date understanding of insurance regulations and compliance guidance, applying this knowledge to enforce robust standards and processes.
2. Review claims files to evaluate customer outcomes, identifying root causes of poor outcomes and recommending appropriate remedial actions.
3. Communicate regulatory expectations and changes to internal teams, translating complex requirements into practical guidance.
4. Support the preparation and submission of regulatory returns, ensuring data accuracy a...