First-Line Compliance Assistant

2 weeks ago

London, United Kingdom Collinson Full time

Collinson is the global privatelyownedcompany dedicated to helping the world to travel with ease andconfidence. The group offers a unique blend of industry and sectorspecialists who together provide marketleading airport experiencesloyalty and customer engagement and insurance solutions for over400 million consumers.

Experts inTravel Accident Health and Specialty insurance products we supporta range of brands across multiple sectors directly or viadistribution partners covering the UK and Europe which includehousehold names such as Easyjet PostOffice Columbus Direct SAGA TIFGroup Allianz Hiscox Globelink CoPlus Bastion Pier Ticketplan plusmany more

Our insurance business incorporatesour UK and EEA based authorised and regulated insurers and forTravel Insurance a full claims administration and assistancebusiness. Were proud to say that we currently possess 20% marketshare of the UK travel insurance market and 30% share of all D2Ctravel insurance sold online in Italy via our Columbus Direct brandwith exciting plans to grow further across Europe

Our MultiLines business covering a whole rangeof specialty / ancillary addon and niche personal lines productshas had significant double digit percentage growth year on year inthe last 3 years and expects to continue in this vein. You would bean important part of this ongoing successstory

What does the First LineCompliance Assistant at Collinsondo

To provide administrativesupport to the FirstLine Compliance Manager and Commercial AccountManagers in both the MultiLines and Travel Insurance businessfunctions.

KeyResponsibilities of this roleinclude

  • Reportinginto the First Line Compliance Manager to assist both the FirstLine Compliance Manager and Commercial Account Managers within theMultiLines and Travel Teams ensuring the line of business fulfilsits regulatory responsibilities in all areas of Compliance and theproduct lifecycle.
  • Assist the CommercialAccount Managers with the onboarding and due diligence of potentialand existing partners.
  • Coordinate and engagewith SMEs across the Insurance Division to assist in the completionof Risk Assessments and other key documents to support Outsourcingactivities within the line of business.
  • Assistthe Commercial Account Managers with the completion of Fair ValueAssessments and ensure they are completed annually and go throughregular Risk reviews as required.
  • Collateanalyse and prepare the packs and data for internal committees.This will sometimes include attending relevant committee meetingsas required with the First Line ComplianceManager
  • Work closely with the2nd Line Compliance and Risk teams to ensurethe appropriate oversight of our partners and their distributionchain in managing conduct risk & keeping in line withConsumer Duty Requirements
  • Supporting andmanaging a Compliance calendar for both MultiLines and Travel (thiswill involve good Excel skills and attention to detail) to ensurewe always meet our regulatory obligations.
  • Risk and Compliance Support for the Commercialteams.

Keyskills and experience to be evidenced within your applicationincluded

Thecandidate will have had experience working within a ComplianceFunction preferably within the InsuranceIndustry.

  • An understanding of FCArules regulations principles and codes ofpractice
  • Strong administrative &organisational skills
  • Attention to detail
  • Good time management skills
  • Natural ability to work as part of ateam
  • Ability to build relationships withstakeholders at all levels.
  • Excellent writtenand verbal communication skills
  • Ability to workcalmly under pressure and deliver to tight deadlines as directed
  • Good analytical and problemsolvingskills
  • Excellent IT skills including use ofMicrosoft Excel Word andPowerPoint

Collinsonis an equal opportunity employer and welcomes differences in alltheir forms including: colour race ethnicity gender identity sexualorientation neurodivergence family status age individuals withdisabilities and people from all backgrounds cultures andexperiences as we strongly believe this contributes to our ongoingsuccess.

We are focused oncontinually evolving our purpose driven high performing cultureproviding an environment where our people have the opportunity toachieve their full potential and do interesting and meaningfulwork. Our company values are: Act smarter Do the right thing Oneteam and Be insight led. These help guide everything we dointernally in terms of how we think act and interact right throughto how we deliver value to our customers and clients.

In your application pleasefeel free to note which pronouns you use (For example she/her/hershe/him/his they/them/theirsetc).

If you need any extrasupport throughout the interview process then please email us at

We also have our very ownBeacons (Domestic Abuse Advisors) supporting within each of ourglobal offices. Our Beacons will be your point of contact if you orsomeone you know needs support.

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