Compliance Admin Assistant

JR United Kingdom; Leicester; On-site; GBP 25,000 - 30,000; Full time

Job summary

A leading company in the commercial motor insurance sector is seeking a Compliance Admin Assistant to join their team in Chelmsford. The role requires engagement in compliance functions, administration of the Complaints Handling process, and an understanding of regulatory standards. Ideal candidates will possess strong organizational and communication skills, with a willingness to learn in a supportive environment.

Qualifications

• Prior experience in the insurance or financial services sector is desirable but not essential.

Responsibilities

• Involve in DCL’s ongoing compliance function.
• Develop understanding of FCA regulation.
• Assist with DCL's Complaint Handling process.

Skills

Team player

Organizational skills

Communication skills

Adaptability

Job description

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Direct Commercial are an award-winning commercial motor insurer entering an exciting period of growth. We are looking for a Compliance Admin Assistant based in or around Chelmsford to join our existing Compliance team. We are fully office based at our Chelmsford office.

Business management responsibilities:

• Adhere to Company Policies and Procedures at all times
• Undertake all activities in a professional and ethical manner
• Attend and actively participate in internal meetings (as required)

Individual Conduct Rules:

1. To act with integrity.

2. To act with due care, skill and diligence.

Role Overview & Responsibilities:

• Active involvement in DCL’s ongoing compliance function including monitoring upcoming regulatory changes and the annual review of DCL’s policies and procedures;
• Develop an understanding of FCA regulation and its application to UK insurance firms;
• Assist with the administration of DCL’s Complaints Handling process;
• Develop an understanding of the FCA’s Complaint Handling rules (DISP rules);
• Develop an understanding of the Senior Managers and Certification Regime (SMCR);
• Assist with oversight of changes to Company stationery/e-mail footers in line with legislation and FCA regulations;
• Assist with oversight of COI policy and ensure logging of all COI and gifts in accordance with Company procedure and Bribery Act 2010;
• Assist with the ongoing maintenance of the SMCR;
• Assist with allocating mandatory compliance training to relevant staff including maintenance of Broker Assess;
• Assist with the preparation of monthly reporting to management and insurer partners;
• Undertake ad-hoc compliance tasks as required.

Skills:

• Excellent team player with the ability to work closely with others to deliver results, identify and resolve issues;
• Excellent organisational skills with the ability to prioritise and manage various tasks simultaneously;
• Willingness to learn new skills and adapt quickly to new requirements;
• Excellent written and verbal communication skills;
• Prior experience in the insurance or financial services sector is desirable but not essential.