Due to continued growth in both the UK and overseas, this global insurance broker are looking for an experienced compliance professional to join their senior management team. You will have responsibility for a small team and BAU activity, relationship management and oversight of projects requiring senior compliance management input.
Key responsibilities will include -
- Assist in the development and delivery of the compliance plan.
- Scope, plan and undertake a schedule of compliance policy related projects, focusing on specific processes or key risk areas.
- Keep abreast of regulatory and legislative changes, and develop and operationally implement any new procedures, systems and controls.
- Liaise with the Asia Compliance Officer to ensure overseas rules and regulations are similarly reflected by the firm's policies and procedures.
- Proactively provide timely and accurate regulatory advice to the business.
- Attend business unit, committee and subsidiary board meetings, to represent Compliance and to understand and identify any new strategic, operational or commercial initiatives that will require compliance support or input.
- Contribute and provide regulatory support in strategic or operational projects.
- Ensure the timely and accurate completion and submission of our regulatory returns.
- Maintain our overseas licences and registrations, and manage the process for the submission of new applications.
- Draft and produce compliance reports for inclusion and review at governing committee meetings.
- Assist in the development of compliance training modules and guides.
- Identify and implement compliance process efficiencies.
- Provide guidance to the Financial Crime and Business Entity Authorisation Teams, and maintain oversight and supervision of the quality, efficiency and timeliness of their output and projects.
- Ensure that any recommended actions identified in Compliance Monitoring Reports are addressed in a timely manner.
- Liaise and working with business units to understand the regulatory risk profiles of their business and activities.
- Utilise and manage resources, where appropriate, to ensure the delivery of scheduled compliance policy activities.
- Manage the performance of direct reports ensuring staff have clear objectives, regular PDRs and receive feedback on performance
- Responsible for leading, managing, motivating and developing the skills, competencies and knowledge of direct reports
- Adhere to and meet fully the expectations, as set out in its policies and procedures, training material, and embedded in its systems and controls. Our policies and procedures are written to encapsulate the compliance, legal and financial crime related legislation and regulations which apply to our business
- Comply with any external rules and requirements imposed on individuals performing their role, such as Lloyd's byelaws and FCA rules.
- Promote our brand and values to enhance our reputation in the market
Knowledge & experience required -
- A professional qualification relating to the field of compliance, risk management or insurance.
- Proven experience working in the insurance industry in a regulatory and compliance leadership capacity
- Taking a leading role across the range of Compliance disciplines, particularly advisory services around the interpretation and application of regulatory requirements
- Input to the development and implementation of Compliance strategy
- Strong understanding of the insurance industry, and the regulatory environment within which Miller operates
- Experience in managing the performance of others, to lead by example, as well as being able to assist in their on-going competence and knowledge development.
- Strong interpersonal skills, allowing you to interact with individuals across all seniority levels, and have experience in being able to influence others.
- Strong judgement and be able to arrive at accurate decisions, largely unsupervised, in a timely manner.
- Strong attention to detail and be precise in your work.
- Strong report writing skills and experience in producing reports using Microsoft Word and Excel.
- Ability to work well within a team but also be self-driven, organised and self-motivated to deliver planned activities in a timely manner.
Eames Consulting is acting as an Employment Agency in relation to this vacancy.
