Aircraft Compliance Director

21 hours ago


London, Greater London, United Kingdom Munich Re Full time
About Munich Re

Munich Re, a leading global reinsurance company, is seeking a highly skilled Aircraft Compliance Manager to join our team. This role will play a critical part in ensuring the excellence and service quality within our UK Compliance department.

Job Summary:

  • Provide specialist knowledge, practical solutions, and monitoring of compliance topics related to primary insurance regulation.
  • Assume ownership and responsibility for specific compliance topics mentioned in our GLLB and GLLS' compliance policy and provide advice on these to the business.

Key Responsibilities:

  • Support the development, implementation, and maintenance of a compliant CMS, ensuring appropriate compliance with all relevant laws and regulations and Group standards.
  • Provide support on delivery of the Compliance Plan as approved by the Company Board.
  • Perform compliance monitoring practices for agreed compliance topics, whilst adapting where necessary to the results of business change and projects.
  • Monitor business performance on the identification, notification, and handling of potential compliance breaches, considering if external regulatory breaches may have occurred and reporting and escalating such instances appropriately.

Requirements:

  • Professional experience in a compliance role within financial services.
  • Experience in assessing financial sanctions queries relating to complex (re)insurance coverages and via delegated outsourcing arrangements.
  • Excellent understanding of the FCA's business standards PRIN, SYSC, SUP, COBS, ICOBS, RPPD, PROD, COCON.
  • Proven knowledge of the primary insurance regulatory environment including related conduct compliance risks.

What We Offer:

  • A competitive salary range of £55,000 - £75,000 per annum, depending on experience.
  • An on-target bonus.
  • 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%.
  • Fully paid 6 months family leave for times when you need it the most.


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