Aircraft Compliance Director
21 hours ago
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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