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Compliance Operations Manager

  • Location: City of London
  • Salary: £40,000 - £45,000 per year
  • Job Type:Permanent

Posted about 2 months ago

  • Sector: Compliance, Governance
  • Contact: Kirstie Burn
  • Contact Email: kburn@merje.com
  • Contact Phone: 0203 637 1603
  • Expiry Date: 05 December 2024
  • Job Ref: 12230

MERJE is excited to present an exceptional opportunity for a Compliance Operations Manager in the insurance sector. This role offers a chance to join a leading Managing General Underwriter, contributing to key compliance activities and regulatory reporting. The position is based in London and offers a competitive salary with a 15% target bonus.

£40,000 - £45,000

Location: London, UK

The Company

This company is a prominent privately-owned, London, Ireland and Bermuda-based Managing General Underwriter, specialising in property, bespoke and specialty insurance and reinsurance products. With a focus on reinsurance, specialty, and bespoke solutions, the company prides itself on its diversified approach and long-standing partnerships with capital providers.

The Role

The Compliance Operations Manager will play a crucial role in delivering key compliance activities, including regulatory reporting, managing Terms of Business Agreements (TOBAs), conducting due diligence checks, and supporting regulatory approvals. This position offers an exciting opportunity to contribute to a growing organisation in the insurance industry.

Key Responsibilities of the Compliance Operations Manager:

  • Lead on TOBAs, maintaining the TOBA register and conducting continuous monitoring
  • Coordinate regulatory returns and correspondence
  • Manage the Conflicts of Interest log and Gifts and Hospitality log
  • Support compliance monitoring activities and regulatory approvals for UK & Belgium
  • Coordinate compliance training and ensure completion of Continuous Professional Development

Required knowledge and experience for the Compliance Operations Manager role:

  • Degree in Law, Finance, Business, or related field
  • Understanding of UK insurance industry regulatory requirements and FCA rulebooks
  • Excellent analytical, problem-solving, and communication skills
  • Ability to work independently and collaboratively in a fast-paced environment
  • Strong attention to detail and commitment to upholding ethical standards

If you're an ambitious professional seeking a challenging role as a Compliance Operations Manager in the insurance sector, apply now to take your career to the next level!

Applicants must be located and eligible to work in the UK without sponsorship.

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