Compliance Manager - Oversight & Assurance | London, UK

Tokio Marine Kiln; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading company in the insurance sector is seeking a Compliance Manager for Oversight and Assurance. This role involves overseeing compliance activities, developing monitoring plans, and reporting on compliance performance. The ideal candidate will have extensive compliance experience, preferably within the London insurance market, and hold relevant professional qualifications. Join a supportive and inclusive environment committed to diversity and social responsibility.

Benefits

Flexible working arrangements

Participation in inclusion networks

CSR activities

Disability Confident Employer

Qualifications

• Extensive compliance experience, preferably in the London insurance market.
• Knowledge of sanctions, AML, fraud, Lloyd's licenses, and anti-competitive behavior is highly desirable.

Responsibilities

• Deliver the annual Compliance Oversight and Assurance Monitoring Plan.
• Report key findings on compliance controls and breaches.
• Manage special investigations and ad-hoc oversight activities.

Skills

Compliance experience

Audit knowledge

Risk management

Regulatory knowledge

Education

Professional qualifications at degree level or higher

Job description

Compliance Manager - Oversight & Assurance

We have an exciting opportunity for a Compliance Manager - Oversight and Assurance to join our Compliance department at Tokio Marine Kiln. Reporting to the Head of Compliance, you will be responsible for delivering TMK's Compliance Oversight and Assurance activities, including developing the annual Compliance Oversight & Assurance Monitoring Plan focused on key compliance risks.

Your responsibilities will include:

1. Delivering the annual Compliance Oversight and Assurance Monitoring Plan and managing resources to meet both annual and long-term compliance objectives.
2. Reporting key findings from business transaction data concerning compliance controls and breaches to the Head of Compliance.
3. Innovatively designing and preparing reports/MI on compliance performance and findings for committees, boards, external stakeholders, and others.
4. Providing monthly reports to the Head of Compliance and quarterly reports to the Executive Committee and RCCC.
5. Managing special investigations and ad-hoc oversight activities as required.
6. Identifying, reporting, recording, analyzing, and escalating incidents and breaches, including root cause analysis.
7. Tracking outcomes from thematic and ad-hoc reviews to completion.
8. Managing the Compliance O&A Framework and ensuring review of process documents annually.
9. Maintaining awareness of changes in the regulatory environment UK and abroad, ensuring the Oversight & Assurance framework aligns with best practices.
10. Supporting business development and strategy by adapting assurance work to ensure regulatory compliance.
11. Challenging and supporting the Head of Compliance as a sounding board.
12. Providing rigorous oversight to deliver clear assurance to management and boards.
13. Promoting a Speak Up / Listen Up culture and fostering a psychologically safe environment to reduce risks and benefit the business and customers.

We seek candidates with extensive compliance experience in roles related to compliance, audit, risk, or regulation, preferably within the London insurance market, holding professional qualifications at degree level or higher. Knowledge of insurance-specific matters such as sanctions, AML, fraud, Lloyd's licenses, and anti-competitive behavior is highly desirable.

Joining TMK means becoming part of a supportive, inclusive environment committed to diversity, development, and social responsibility. We offer flexible working arrangements, participation in inclusion networks, CSR activities, and are a Disability Confident Employer.

With over 140 years of experience, we are dedicated to protecting our clients and fostering a great workplace culture based on our core values: empowerment, inclusion, excellence, integrity, teamwork, and innovation. We aim to attract diverse talent, provide development opportunities, and create a welcoming environment for all.

If you require reasonable adjustments during the application process, please contact [e-mail] in confidence. For application support, email [e-mail]. To apply or learn more, follow the provided links or share this opportunity across your network.