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Job Overview

Compliance Officer - Global Insurer

Location: London, England Salary: £45000 - £55000 per annum + benefits
Type: Permanent Contact: Tara Robinson
Posted: 9 days ago

Great opportunity to join this established compliance function. This is varied 2nd line compliance role reporting into the UK Compliance Manager supporting their personal lines and commercial business (GI).

Key responsibilities include :

    • Act as a credible source who advises the business on existing and new compliance matters
    • Keep up to date and reporting on regulatory changes that affect the business
    • Communicate and advise the business on global and local standards and policies
    • Take initiative and report to management concerns regarding compliance with laws and regulations
    • Monitor the business for compliance with local regulatory requirements and with internal policies
    • Oversee first line of defence activities carried out by the business
    • Identify and report on noncompliance and work with the business to resolve matters identified
    • Ensure risk and product development knowledge is current
    • provide induction and ongoing compliance training to relevant staff
    • Communicate with employees to ensure awareness of relevant laws and regulation and company standards
    • Participate in annual assessment of the business for compliance risks.
    • Liaise with the business on sanctions related matters and conduct sanctions screening

Previous knowledge and experience required:

  • Proven track record working in a similar role within Compliance
  • Well versed in UK regulations related to insurance products
  • Enjoys working as part of a team environment
  • Strong communication skills and ability to develop relationships across all levels of the business
  • Insurance (GI or Life) experience preferable

Eames Consulting is acting as an Employment Agency in relation to this vacancy.