Compliance Business Partner - Insurance

MERJE; Leeds; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading multinational General Insurance company is expanding its Compliance function and seeks an experienced Compliance Business Partner. This role involves providing regulatory advice, ensuring adherence to compliance policies, and supporting the implementation of regulatory initiatives. The position offers a flexible hybrid working policy.

Qualifications

• Detailed knowledge of FCA regulation in relation to the Insurance sector.
• Experience within a Compliance role providing regulatory advice.

Responsibilities

• Ensure all regulatory developments are tracked through to implementation.
• Provide Compliance advice on new products and business opportunities.
• Conduct 2nd line monitoring and address risks or gaps.

Skills

Compliance

Regulatory Advice

Stakeholder Expertise

Planning

Organizational Skills

Education

Compliance Qualification

Job description

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Base pay range

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Role Overview & Purpose

Multinational General Insurance business, with a UK head office in Yorkshire are expanding their Compliance function with the addition of an experienced Compliance Business Partner.

Reporting to the Head of Compliance, you will provide 2nd Line support, advice, guidance and challenge, at all stages of the compliance management process. The business operates a very flexible hybrid working policy with 1 – 2 days per week required in the office.

Role responsibilities.

• To ensure all regulatory developments are identified, summarised, communicated, assessed for impact, and tracked through to implementation.
• To horizon scan and provide relevant summaries and support to ensure your business area is fully equipped to meet any regulatory requirements
• To co-ordinate and oversee regulatory initiatives
• Providing Compliance advice and guidance on new products, new business opportunities, and changes to existing business relationships products.
• Assist in delivering regulatory compliance and fair customer outcomes.
• Ensure adherence to the Compliance and Internal Controls policies.
• To conduct and support 2nd line monitoring and understand any risks or gaps that need to be addressed.

Personal Attributes & Experience

• Detailed knowledge of FCA regulation in relation to the Insurance sector
• Experience within a Compliance role providing regulatory advice and guidance to the business.
• Strong business partnering / stake holder expertise
• Planning and organisational skills and the ability to work to deadlines
• Compliance qualification or equivalent level of experience

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other

• Industries

  Insurance

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