Head of Compliance
New Yesterday
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Insurance business offering a wide range of home, motor and commercial insurance are seeking a Head of Compliance. Leading the Compliance function, and reporting to the Director of Customer and Compliance, you will be responsible for structuring, leading and developing the team to achieve best-in-class compliance standards in UK insurance.
The role will take overall responsibility for compliance duties and obligations, including direction, strategic development, performance, and maintenance of regulatory activity across the business.
The business operates a hybrid working week, with an expectation of 1 day per week in the firm's West Yorkshire Head Office.
Role responsibilities
- Ensuring the business meets all necessary compliance requirements and that appropriate risk mitigation/control measures are in place.
- Developing the annual compliance plan and directing and managing all compliance activities.
- Providing expertise, advice, guidance, and support to the business regarding compliance activities.
- Having overall responsibility for the compliance monitoring framework to assess and report on policy compliance, making recommendations for corrective actions where needed, and tracking actions through to completion, including periodic reviews of departments.
- Preparing influential, informative, and advisory reports for the Board, leadership committees, and regulatory bodies, including Group reporting.
- Building and maintaining industry relationships with external parties to benefit the internal compliance environment.
Personal attributes & experience:
- Previous experience in a senior compliance role, preferably within the insurance industry.
- Significant knowledge of the FCA Handbook, particularly PRIN, SUP, SYSC, ICOBS, DISP, and their application relating to the distribution of insurance products.
- Experience delivering compliance and regulatory control evaluation programs in an audit, internal controls, or compliance monitoring environment, with input into the design of the program.
- You are a 'business enabler', seeking to remain compliant while supporting business stability, change, and growth, without undue customer impact.
- Ability to challenge assumptions, identify and understand complex issues, and escalate as appropriate.
- Experience with the Senior Manager & Certification Regime gained in a dual-regulated firm.
Please note, if feedback is not received within 28 days due to high application volume, your application will be considered unsuccessful.
#J-18808-Ljbffr- Location:
- Manchester, England, United Kingdom
- Salary:
- £150,000 - £200,000
- Category:
- Management & Operations
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