Compliance Manager - Broker

ZipRecruiter; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A London Market Insurance Broker is seeking a Compliance Manager to support the compliance team in developing and maintaining regulatory frameworks. The role involves implementing regulatory changes, monitoring compliance, and ensuring stakeholders are informed about regulatory expectations.

Qualifications

• Experience in regulatory compliance within insurance.
• Strong understanding of ICOBS.
• Previous experience with regulatory Conduct themes.

Responsibilities

• Assist with implementation of new regulatory changes.
• Review breach registers and identify control weaknesses.
• Monitor regulatory changes across the UK and EU.

Skills

Communication

Regulatory Compliance

Prioritization

Job description

Job Description

Arthur is working with a London Market Insurance Broker as they seek a Compliance Manager to join their dynamic team.

Reporting into the Senior Compliance Manager, you will be responsible for supporting the wider compliance team in the development and maintenance of the group regulatory compliance framework, with a focus on regulatory conduct.

Main Duties

1. Assist the broking business with the implementation of new changes arising from regulatory or strategic developments.
2. Review breach registers and E&O policies to identify control weaknesses, trends, and root causes.
3. Monitor horizon scanning across the UK and EU to ensure effective oversight of regulatory and legislative changes.
4. Support oversight of Appointed Representatives.
5. Assist in ensuring the firm’s SMCR accountabilities are accurate.
6. Ensure stakeholders are informed about the latest regulatory expectations, including FCA conduct rules and standards for financial promotions.
7. Champion the FCA Conduct and Consumer Duty rules, acting as a point of contact for advice.
8. Collaborate with the wider Compliance team to ensure appropriate policies are in place to comply with legislation.

About You

• Ability to manage, prioritise, and work independently.
• Experience in regulatory compliance within insurance.
• Strong understanding and demonstrable experience with ICOBS.
• Exceptional written and verbal communication skills.
• A genuine desire to progress and develop professionally.
• Previous experience with regulatory Conduct themes.