Overview
Key Duties (Including but not limited to):
1. Collaborate with the Head of Compliance and business areas to identify, assess and communicate the occurrence and impact of regulatory and legislative changes and work with the business on implementation.
2. To support the Head of Compliance with the recording and analysis of management information to identify areas of potential regulatory concern
3. Maintain a regulatory change log and assist with gap analyses for business change such as product developments and new products
4. Conduct monitoring reviews in line with the Compliance Monitoring Plan, including control testing
Qualifications required:
5. Achieved or working towards a relevant compliance-related qualification from an appropriate accredited body, i.e. the CII or CISI
Experience required:
6. Basic knowledge of the regulatory obligations of a dual-regulated insurer, preferably within insurance or financial services.
7. Ability to interpret legal or regulatory requirements and embed them into business processes.