Compliance Oversight & Assurance Manager

London, United Kingdom; London; Hybrid; GBP 90,000 - 110,000; Full time

Job summary

A leading recruitment firm in the insurance industry is seeking a Compliance Oversight & Assurance Manager to oversee compliance assurance activities. The ideal candidate will possess experience in the London insurance market and have a strong background in people management. Responsibilities include developing oversight plans, reporting compliance findings, and managing investigations. This role offers a salary range of £90,000 - £110,000 plus bonuses in a hybrid work model.

Benefits

Discretionary bonus

Qualifications

• Experience working for a London-market insurance business.
• Background in people management and development.
• Strong communication and reporting skills.

Responsibilities

• Deliver Compliance Oversight and Assurance activity.
• Develop and manage the Compliance Oversight & Assurance Monitoring Plan.
• Report findings to the Head of Compliance.
• Manage special investigations and compliance incidents.

Skills

Compliance Oversight

Risk Management

People Management

Regulatory Environment Knowledge

Job description

Compliance Oversight & Assurance Manager

Compliance Oversight & Assurance Manager

HFG London, United Kingdom Apply now Posted 1 day ago Hybrid Job Permanent GBP90000 - GBP110000 per annum + bonus

Compliance Oversight & Assurance Manager

HFG London, United Kingdom Apply now

A major insurer that operates in the Lloyd's Market is currently seeking a Compliance Oversight and Assurance Manager.

A major insurer that operates in the Lloyd's Market is currently seeking a Compliance Oversight and Assurance Manager.

In this role, you will enable provision of assurance over compliance, to boards, external stakeholders and others.

The base salary for this role is £90,000 - £110,000 (dependent on experience). A discretionary bonus is also offered.

On a day-to-day basis, you will:

• Deliver Compliance Oversight and Assurance activity
• Develop the annual Compliance Oversight & Assurance Monitoring Plan covering key compliance risks
• Deliver the annual Compliance Oversight and Assurance Monitoring Plan and managing resources to deliver as part of the annual and longer term Compliance Plan
• Report key findings from business transaction data on compliance controls and breaches to the Head of Compliance
• Bring an innovative approach to the collection, design and preparation of reports/MI on the performance and findings of Compliance Oversight & Assurance for committees and boards, external stakeholders and others
• Be responsible for monthly reports to the Head of Compliance and quarterly reports to the Executive Committee
• Manage special investigations/ad-hoc oversight activity as required by the Head of Compliance
• Identify, report, record, analyse and escalate incidents and breaches including commentary on root cause
• Track outcomes from thematic and ad-hoc reviews to conclusion
• Manage the Compliance O&A Framework and ensuring process documents are reviewed annually
• Maintain an awareness of relevant changes to the regulatory environment both UK and abroad, ensuring that the Oversight & Assurance framework reflects best practice
• Highlight training needs to the Head of Compliance and ensuring targeted training is put in place where necessary
• Act as the primary point of contact for other assurance functions (Risk, Internal Audit and Internal Controls) regarding Compliance risks and controls

It is essential for this role that you have experience working for a London-market insurance business and a background in people management and development.

Since our establishment in 2002, HFG has become a go to name for recruitment in the Insurance industry, recognising and embracing the unique aspects o...

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