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Compliance Officer

2 months ago

Norwich, Norfolk, United Kingdom Employment Specialists Ltd Full time
Job Description:

Job Title: Compliance Officer - Insurance Industry

Job Summary:

Employment Specialists Ltd is seeking a highly skilled Compliance Officer to join our team. As a Compliance Officer, you will play a critical role in ensuring our company's compliance with regulatory requirements, internal policies, and procedures.

Key Responsibilities:

  • Identify, monitor, and mitigate compliance and data protection risks across the business.
  • Conduct compliance monitoring reviews in accordance with the annual compliance monitoring programme.
  • Audit and risk assessments to help the business understand compliance risk, scope, and significance.
  • Review and provide feedback to the business on breaches and incidents.
  • Support the review, maintenance, and organization of related compliance policies and ensure they are up to date with relevant laws.
  • Collaborate with stakeholders to help create a culture of compliance.
  • Provide real-time compliance advice on rules, regulations, and internal policies that govern the business.
  • Prepare compliance-related management information for senior management.
  • Undertake business reviews to determine compliance with data protection regulations, data security, and other related areas, recommending process improvements.
  • Draft and review data protection-related documents and contracts, as required.
  • Provide knowledge and understanding to train, coach, and support employees on data protection compliance requirements, where required.

Requirements:

  • Compliance experience within the insurance or financial services industry.
  • Good understanding of relevant legislation, including the UK GDPR.
  • Ability to simplify and effectively communicate applicable legislation, regulations, and policies.
  • Critical problem-solving ability.
  • Excellent verbal and written communication and the ability to challenge at all levels.
  • Ability to build relationships with other business units.
  • Strong report writing and presentation skills.

About Us:

Employment Specialists Ltd is a leading provider of employment services. We are committed to delivering high-quality services to our clients and candidates.