Head of Compliance
18 hours ago
Location: Various
Full/Part Time: Full Time
Salary Circa: £90,000
Insurance Industry Sectors:
Main purpose of job
To lead the Compliance Team in the UK that acts as a safeguard for the business, promotes ethical practices, ensures regulatory compliance, mitigates risk and supports the overall wellbeing of the company as well as for our clients.
Key Responsibilities:
- Develop and implement the Compliance strategy for the business in conjunction with the Executive Director - Operations
- Be the face of the organisation with the regulators, auditors, chartered institutes and PI insurers
- Stay up to date with, and understand, relevant laws and regulations and communicate and cascade these in a way that is appropriate for the business
- Monitor market developments and share information at an early stage to ensure the business can positively react to upcoming change
- Lead the Risk Committee process and ensure the risk matrix remains updated
- Provide updates, trend analysis and management information as appropriate including Fair Value
Requirements:
- Proven experience in Compliance or a related field
- Strong knowledge of regulatory requirements and industry standards
- Excellent communication and interpersonal skills
- Ability to work effectively in a team environment
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