Full job descriptionJoin a pioneering company specialising in Gadget and Travel insurance, as well as Ticket protection. They are looking for an experienced Compliance Manager with a genuine background in the insurance industry and a practical, commercial mindset. This role is central to our operations, offering the opportunity to lead our compliance efforts and ensure our innovative solutions meet all regulatory standards.
Purpose of the Role:
*Monitor and interpret legislative and regulatory developments impacting the business, ensuring compliance with bodies like the FCA and CBI.
*Maintain and update the Annual Compliance Framework, procedure manuals, and conduct risk policies.
*Develop and implement plans to address new or changing regulatory requirements, balancing risk management with business impact.
*Investigate compliance risks and issues, providing actionable feedback and solutions.
*Manage and complete Data Subject Access Requests (DSARs) within statutory timeframes.
*Ensure appropriate data protection policies and procedures are in place and up to date.
*Own and maintain the risk register, ensuring risks are accurately recorded and regularly updated.
*Lead the internal compliance audit programme, assessing the effectiveness of controls and regulatory adherence.
*Oversee the quality assurance monitoring programme to identify conduct risk and areas for improvement.
*Maintain oversight of the Complaints Function, ensuring it operates effectively and in line with regulatory requirements.
Required Skills & Qualifications:
*Minimum of 4–5 years’ experience in a compliance role within the insurance industry.
*Strong knowledge of FCA regulatory requirements relevant to insurance, including Consumer Duty, Complaints, Product Oversight & Governance, and Fair Value.
*Excellent analytical and problem-solving skills, capable of interpreting complex regulatory requirements into clear, practical guidance.
*Experience in managing or supervising a team, with strong leadership skills.
*Proficient in Microsoft Word and Excel.
*Desirable: Experience with CBI requirements, relevant professional qualifications (e.g., ICA Certificate or Diploma in Compliance, CII), and familiarity with complaints oversight in a regulated environment.
Benefits:
*Competitive salary package.
*Opportunities for professional growth and development within a pioneering company.
*A dynamic and supportive work environment that fosters innovation and collaboration.