Job Title: Head of Compliance

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 Accountabilities

• To positively lead and develop the UK Compliance Team 
• Create and execute 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
• Keep 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
• Be an active member of OPCO providing updates, trend analysis and management information as appropriate including Fair Value  
• Produce board papers and updates to EXCO, Board and Group as appropriate  
• Build positive relationships and collaborate across the business, including France & Europe, and beyond through active Business Partnering
• Provide a knowledge of and insight into European regulations where appropriate that may impact our UK operation including the Lloyds environment  
• Provide guidance & training to employees on regulatory changes and the law 
• Work with the business to ensure that policies & procedures are relevant, accurate, understood and embedded in what we do 
• Manage and ensure the correct level of audits and role plays are carried out
• Support the business meet its growth aspirations by supporting new business pitches, agreeing TOBAs, acquisitions, etc and participate in company projects and initiatives
• Oversight and management of all complaints and Errors & Omissions with effective reporting carried out 
• Oversight and management of any data breaches with effective reporting carried out  
• Ensure marketing materials, presentations and websites are compliant with regulatory requirements
• Carry out required regulatory returns or surveys
• Support reviews of contracts
• Liaise with our Compliance Advisors 

For extra information please contact:-

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