Compliance Manager - Monitoring

Chubb; London; On-site; GBP 35,000 - 45,000; Full time

Job summary

A leading company in the insurance industry is seeking a Compliance Manager to analyze compliance risks, assess control performance, and collaborate with various teams. The role involves detailed reporting, compliance monitoring, and supporting the business in maintaining a robust control environment.

Qualifications

• Ability to work independently and in a team, managing priorities effectively.

Responsibilities

• Perform detailed analysis and assessment of compliance risk control data.
• Identify control weaknesses and issues, working with control owners.
• Conduct compliance monitoring activities as per the Compliance Plan.

Skills

Interpersonal Skills

Communication

Problem Solving

Education

Strong knowledge of the insurance industry

Job description

Join to apply for the Compliance Manager - Monitoring role at Chubb.

Role Purpose:

The Compliance Manager (Monitoring) collaborates with Local Compliance Officers, Compliance Managers, business units, and functions to analyze compliance risk and control performance, detect control weaknesses, and provide reports to management and governing bodies on the control environment's overall status.

Key Responsibilities:

1. Perform detailed analysis and assessment of compliance risk control data, ensuring accuracy through cross-referencing with relevant sources.
2. Identify control weaknesses and issues, working with control owners to address them.
3. Contribute to reporting status and concerns to relevant governing bodies.
4. Conduct compliance monitoring activities as per the Compliance Plan.
5. Work with the UK Compliance team providing advisory support to the business.

Key Deliverables:

• Analysis of control data across the compliance risk universe.
• Draft detailed reports on control environment effectiveness, issues, and mitigation steps.
• Assist in developing and implementing robust controls meeting legal, regulatory, and policy requirements.
• Engage actively with risk and control owners to maintain an effective control environment.
• Collaborate with the Legal and Compliance team, business, and external parties to support compliance reviews.
• Support and execute tasks as directed by the Senior Compliance Manager.

Qualifications:

• Strong knowledge of the insurance industry.
• Ability to work independently and in a team, managing priorities effectively.
• Excellent interpersonal and communication skills.
• Ability to identify issues, propose solutions, and recognize alternatives to manage compliance risks.

Languages:

English – fluent (written and spoken)

Additional Information:

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Legal
• Industry: Insurance