Compliance Manager - AICL

Admiral Careers; United Kingdom; On-site; GBP 40,000 - 80,000; Full time

Job summary

An exciting opportunity awaits in a forward-thinking company as a Compliance Manager. This role involves overseeing compliance for a UK-based insurer, ensuring adherence to FCA regulations and managing complex projects. You will work collaboratively across teams while maintaining independence to identify solutions for senior management. Join a culture that values openness, supports personal development, and promotes a healthy work-life balance. With generous holiday allowances and flexible working hours, this position offers the chance to thrive in a supportive environment where your contributions truly matter.

Benefits

33 days holiday (including bank holidays)

Flexible working hours

Option to buy/sell annual leave

Qualifications

• Proven experience in a UK insurance company with knowledge of FCA regulations.
• Ability to manage complex projects and engage with senior stakeholders.

Responsibilities

• Schedule and document compliance meetings and complete regulatory returns.
• Ensure timely SM&CR activities and prepare communications for the board.

Skills

Regulatory Compliance

Stakeholder Engagement

Project Management

Report Writing

Team Collaboration

Organizational Skills

Knowledge of FCA Regulations

Education

ICA or CII Qualification

Job description

We have an exciting opportunity to join the Group Compliance team in a new role as AICL Compliance Manager, this will involve activities for our UK based insurer, AICL (Admiral Insurance Company Limited). This role will hold the Line 1 compliance responsibilities for AICL, ensuring regulatory compliance and oversight of EUI limited for its outsourced activities.

A key responsibility of this role is to ensure effective, robust, and proportionate compliance-based activities are in place for AICL. This will require passion, a willingness to work collaboratively across teams and for someone who can work independently to identify and present solutions to senior management.

In Group Compliance, we all look to support and collaborate as much as possible, fostering a culture of openness and a desire to enable skills/knowledge development across our teams and more broadly, the Group Risk, Compliance and Privacy function.

Main Duties

1. Schedule, attend and document AICL Compliance/Outsourcer meetings.
2. Complete AICL regulatory returns to the Financial Conduct Authority (FCA).
3. Ensure all SM&CR activities are undertaken on time and meet regulatory and board requirements.
4. Prepare communications in a clear, consistent, and accurate manner.
5. Identify any regulatory changes and arrange for summaries to be produced for AICL board.
6. Ensure Product Governance oversight arrangements are appropriate.
7. Collaborate with AIGL, EUI, Co-insurers (Great Lakes), and Group Teams.
8. Assist with compliance-based projects.

Key Skills, Qualifications and Experience

1. Proven experience in a UK Insurance company.
2. Detailed knowledge of FCA regulatory requirements and good knowledge of the regulatory landscape.
3. Confidence in engaging with, presenting to and challenging senior stakeholders.
4. Ability to manage complex tasks/projects and comfortable working independently.
5. Work well within a team and support others.
6. Highly organised and proactive.
7. Report writing and project management abilities.
8. ICA or CII qualification would be preferable but isn't essential.

Please note - we may close this vacancy early if we receive lots of applications or business priorities change.

Admiral, Where You Can Be You

At Admiral you're accepted, supported and empowered to be you. Because you're brilliant. We're proud of our people-centric culture which has led us to being recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We're committed to ensuring that at Admiral, progression is not slowed or haltered by barriers related to protected characteristics.

Benefits and Work Life Balance

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we're consistently voted one of the Sunday Times Best Big Companies to work for in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so we accommodate flexible hours wherever possible.

All colleagues will receive 33 days holiday (including bank holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.

You can also view some of our other key benefits here.

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