Role Overview & Purpose

Global Insurance firm is currently looking to expand their UK Compliance division with the addition of a Compliance Business Partner to support the firms’ businesses located across Yorkshire and the Northeast.  The position will operate a hybrid working policy with the week split between the office and home and will include some travel.

Role responsibilities.

• Ensure robust monitoring and challenging in the implementation and embedding of the Retail Division key controls. Where concerns and/or breaches are identified, ensure appropriate remediation action is undertaken.
• Ensure the effective and robust operation of the risk management framework, including the identification, monitoring and reporting of key risks and related controls.
• Regularly review Customer Experience MI to identify risks, regulatory concerns and key control inadequacies. Escalate to senior stakeholders, ensuring management are provided with appropriate assistance, as required, to address risks of poor outcomes to customers.
• Proactive engagement with management to drive improvement in key risk indicators such as, but not limited to, file audit completion and pass rates, complaints outcomes, AR oversight, regulatory breaches.
• Ensure effective reporting on risk and compliance matters, ensuring the key issues are raised. Present at Board on risk and compliance matters, as required.
• Perform an appropriate level of sample checking of adherence to regulatory requirements and key controls, to identify aspects of non-compliance and assist with the actions to address, as appropriate.
• Build strong relationships with the leaders of the individual businesses.
• Assist with the implementation of regulatory change, including ensuring teammates are provided with guidance on the application of relevant laws, regulations and standards.
• Ensure that teammates are provided with sufficient and appropriate training on risk and regulatory topics.

Personal Attributes & Experience

• A solid understanding of FCA rules and procedures from either an Insurer or Broker background.
• Prior compliance experience within insurance is essential.
• Expertise offering regulatory advice
• A skill set that includes high level stakeholder management, analytical, reasoning and IT Skills.
• Ideally qualified to relevant level (Degree / CII Exams).

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

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