Compliance Manager

Harrison Holgate; London; On-site; GBP 65,000 - 70,000; Full time

Job summary

A leading compliance team in London is seeking a Compliance Manager. This pivotal role involves developing compliance frameworks, overseeing regulatory compliance, and training staff. Ideal candidates will have strong compliance experience in the insurance market and the ability to build client relationships.

Qualifications

• Strong generalist compliance experience within the Insurance market.
• Experience supervising staff members.
• Familiarity with compliance areas like data protection and financial crime.

Responsibilities

• Develop and implement compliance frameworks and procedures.
• Support the Board in fulfilling regulatory responsibilities.
• Execute compliance audits and monitor compliance performance.

Skills

Compliance experience in Insurance

Relationship management

Data protection awareness

Financial crime familiarity

Job description

New Role - Compliance Manager

Location: Fenchurch Street, London (4 days in office with optional WFH day)

Employment Contract: Permanent, full-time

Reports into: Head of Compliance and Risk

Salary: Circa £65-£70,000 pa + Bonus + Benefits

Company Summary

Operating as an MGA and broker services platform, as well as a Lloyd’s broker and coverholder, we collaborate with established industry players and entrepreneurial start-ups alike.

About the Role

This is a pivotal role within the compliance team, where you will take ownership of key compliance projects and develop frameworks to support both our business and MGA clients.

Key Responsibilities

1. Regulatory Compliance Oversight: Develop and implement compliance frameworks, policies, and procedures. Monitor and interpret relevant regulatory developments (e.g., FCA, PRA, NAIC, EIOPA) and advise the business accordingly. Update clients on compliance/regulatory changes and news.
2. Governance and Risk Management: Support the Board and Senior Management in fulfilling their regulatory responsibilities.
3. Monitoring, Reporting and Audits: Execute monitoring and oversight programmes for Appointed Representatives. Report on compliance performance, breaches, and remediation. Oversee internal and external compliance audits.
4. Product & Distribution Oversight: Review and approve new insurance products and distribution arrangements from a regulatory perspective. Ensure compliance with Treating Customers Fairly (TCF), Conduct Risk, and Product Governance requirements.
5. Data Protection & Financial Crime: Oversee data protection compliance (e.g., GDPR).
6. Training & Culture: Promote a culture of compliance and ethical conduct across the company. Develop and deliver compliance training for employees and Appointed Representatives.

Skills, Knowledge & Expertise

• Strong generalist compliance experience within the Insurance market.
• Experience supervising other staff members.
• Ability to develop good relationships with the firm’s clients.
• Familiarity with at least two other areas of compliance: data protection, financial crime, TOBA management, KYC/onboarding, oversight of Appointed Representatives and Introducers, drafting and implementing policies and procedures, risk assessment and management.

As true market specialists, we work in partnership with our candidates and clients, delivering unrivalled market knowledge and insight. Driven by our passion to become the partner of choice, we offer tailored advice and guidance.