Compliance Officer

4 days ago


Gloucester, Gloucestershire, United Kingdom Benefact Group plc Full time

We are seeking a highly skilled Compliance Officer - General Insurance to join our team at Benefact Group plc. This is an excellent opportunity for someone who is passionate about delivering high-quality results and has a deep understanding of the legal and regulatory environment in which our UK General Insurance business unit operates.

About the Role

As a Compliance Officer - General Insurance, you will be responsible for providing expert advice on legal and regulatory matters affecting our UK General Insurance business unit (UKGI). You will work closely with our Line 2 colleagues to identify potential risks and develop effective controls to mitigate them. In this role, you will analyse actual and potential impacts on our legal and regulatory duties and obligations, and recommend efficient, proportionate, and effective approaches to management.

You will also provide assurance and clear, concise, and accurate reporting to our Leadership Team on compliance and conduct on a timely basis. To succeed in this role, you will need proven experience in a legal and regulatory environment, as well as strong analytical and communication skills. If you are a driven individual who is passionate about delivering high-quality results, we encourage you to apply.

Key Responsibilities:

  • Provides subject matter expertise about the legal and regulatory universe in which UKGI operates.
  • Identifies legal and regulatory developments affecting UKGI in conjunction with Line 2 colleagues and advises on the development of appropriate internal controls in response.
  • Analyses actual and potential impacts on UKGI's legal and regulatory duties and obligations, and recommends efficient, proportionate, and effective approaches to UKGI management.
  • Drives, manages, and reports on implementation progress within UKGI.
  • Provides assurance and clear, concise, and accurate reporting to the UKGI Leadership Team on compliance and conduct on a timely basis.
  • Liaises closely with Group Compliance and other SBU colleagues where relevant on UKGI matters to ensure mutual effectiveness.
  • Assists UKGI teams and senior management in responding to assurance and monitoring reviews.
  • Assists where advice is required on business development activities.

What We Offer:

  • A competitive salary of £55,000 per annum, reflecting your valuable expertise and experience.
  • A comprehensive benefits package, including a Group Personal Pension scheme with up to 12% employer contribution, generous annual leave, and access to a range of health and wellbeing initiatives.
  • The opportunity to work in a dynamic and supportive team environment, contributing to the success of our UK General Insurance business unit.

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