Senior Compliance Manager (Insurance)

An exciting opportunity for an ambitious and experienced Insurance Compliance expert to join a global leading brand supporting their EU-UK team. Our client in Tech is based in London, they are seeking for a Senior Compliance Manager who will lead their Insurance Compliance team, provide Regulatory insight, and approve new programs – providing expert advice to senior audiences and support the strategy design with Regulatory input. This role is super fast-paced, the team is growing exponentially. As a Senior Compliance Manager, you will champion customer outcomes and use your extensive knowledge of the industry and regulatory horizon to ensure sustainable, compliant solutions are formed. You will comfortably handle ambiguity, and provide pragmatic challenge to senior colleagues, peers and leadership and you are not afraid to roll up your sleeves and dive into the details. You think outside of the box, coming up with solutions in times of ambiguity. Apply here for the Senior Compliance Manager position (B2B Insurance- Finance).

Title: Senior Compliance Manager (Insurance)

Languages: English (German is a plus)

Salary: £104k to £117k per annum

Location: London (Hybrid – 3x onsite, 2x wfh)

Travel Involved: Yes

Sector: Regulatory – Compliance – Insurance

KEY RESPONSIBILITIES:

* Second-line ownership of UK insurance compliance, including offering expert advice on insurance regulation (ICOBS), upholding high standards of conduct throughout the business.

* Oversee new product launches by approving compliance requirements, ensuring design aligns with customer and regulatory expectations.

* Design education and training programmes to ensure stakeholders are up to date with regulatory expectations including FCA conduct rules and financial promotions standards.

* Champion the FCA Conduct and Consumer duty rules, acting as a senior point of contact for leadership to seek advice and challenge from.

* Own core compliance policies and processes, ensuring they underpin processes within business practices to ensure customer outcomes remain a primary factor in decision making.

* Lead regulatory reporting, ensuring regulatory returns are submitted accurately and on time.

* Develop a team of regulatory subject matter experts by introducing a high-bar of minimum standard of regulatory expertise.

* Oversee day-to-day compliance activity of your team, assuming ownership of any risk materialisation and escalations that risk non-compliance.

* Provide regular reporting to senior leadership on compliance status of overall insurance propositions.

* Coordinate SMCR deliverables across AEU UK.

REQUIREMENT:

● Essential: Minimum 6 years in Regulatory Compliance in Insurance within a Financial Services background.

● Essential: Subject matter expertise of FCA Insurance Conduct of Business Regulation (ICOBS) is essential (6+ Years).

● Essential: Exceptional communication and writing skills with a successful track record of delivering advice at both an operational and strategic level, considering wider regulatory focus and market risks.

● A successful track record of delivering advice at both an operational and strategic level, considering wider regulatory focus and market risks.

● Experience in developing and managing compliance professionals is preferred but not essential.

● Previous experience in Complaints Handing (DISP) and Senior Management and Certification Regime (SMCR).

PAY RATE: £400-£450/day (PAYE) – 6 months initial contract with opportunity to be permanent.

*Candidates MUST have UK right to work and will not require visa sponsorship.