UK Compliance Manager

3 weeks ago


City of London, United Kingdom HFG Insurance Recruitment Full time

Job Title: UK Compliance Manager

Location:

HFG Insurance Recruitment seeks a highly experienced UK Compliance Manager to work on a hybrid basis.

The ideal candidate will have a strong understanding of UK regulatory requirements and be able to provide expert advice on compliance matters.

Key Responsibilities:

  • Provide technical advice to management, staff and the Board on compliance matters.
  • Support the oversight the embedding and evidencing of compliance with existing key regulatory imperatives including but not limited to SMCR, IDD, GDPR in conjunction with Group Compliance.
  • Support the maintenance of the UK regulatory library and communicate updates to management and relevant staff including through the provision of scheduled and ad-hoc training as required.
  • Support the KYC and TOBA process in respect of the UK operation.
  • Support the sanctions screening process in conjunction with Group Compliance.
  • Support input to key UK and Group management committees including the Delegated Authority Committee and Product Oversight Group. Involvement in consideration and onboarding of new coverholders, onsite / direct work with Delegated Authorities / Coverholders and development of related management information.
  • Support the Complaints Management Process in respect of UK originated business, maintain appropriate records and reporting and operate as the primary contact for the business.
  • Support the Senior Compliance Officer in responding proactively to all upcoming UK regulatory changes.

Requirements:

  • At least 18 months of experience in a compliance function at an insurance or reinsurance business.

Salary: £55,000 - £80,000 per annum



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