Insurance Risk and Compliance Analyst
6 days ago
We are seeking an experienced Insurance Risk and Compliance Analyst to join our team at First Central Services. As a key member of our quality assurance team, you will be responsible for ensuring that all policies and procedures are being followed. This will involve conducting quality assurance assessments and cross validations, as well as identifying and assisting with the continuous development of departmental processes and procedures.
This role is ideal for those with private motor vehicle insurance industry experience, ideally in both policy and claims environments. You will also need to have solid knowledge of insurance policy and claims principles, as well as a comprehensive understanding of regulatory requirements and company policies.
Key Responsibilities:
- Ensure all policies and procedures are being followed.
- Conduct quality assurance assessments and cross validations.
- Identify and assist with continuous development of departmental processes and procedures.
- Analyse adequacy of identified risk and the reliability and adherence to internal controls.
What We Offer:
- A competitive starting salary of £25,000 - £28,000 depending on experience.
- Monday to Friday, no weekends.
- Hybrid working: 4 days from home and 1 day in the office after training.
- £100 off your car insurance.
- 25 days holiday plus 8 bank holidays and an extra ‘You’ day off for important occasions or just a day for you.
Requirements:
- Private motor vehicle insurance industry experience, ideally in both policy and claims environments.
- Working in a financial services regulated environment.
- Solid knowledge of insurance policy and claims principles.
- Comprehensive understanding of regulatory requirements and company policies.
- Strong computer skills with experience in MS Office, particularly Word and Excel.
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