Head of Compliance - Insurance / Insurtech

FinTech People; Dundee; On-site; GBP 70,000 - 120,000; Full time

Job summary

An industry-leading organization is seeking a Head of Compliance to lead the compliance function during significant growth. This role involves management of compliance frameworks, ensuring regulatory adherence, and collaboration across teams to embed compliance into product development. Candidates should possess robust experience in compliance within the insurance sector and understand FCA regulations.

Qualifications

• Experience leading a compliance function in a scaling organisation.
• Experience working in the insurance industry.
• Detailed understanding of FCA regulations and data privacy laws.

Responsibilities

• Management and development of the compliance and regulatory risk management frameworks.
• Ensure all products and operations comply with regulatory and ethical standards.
• Manage internal audits, compliance reviews and monitoring efficacy of controls.

Skills

Communication

Analytical

Decision Making

Job description

Join an industry leading organisation in a newly formed Head of Compliance role. Leading and developing the compliance function during a period of significant growth of the organisation and product suite.

Duties will include:

• Management and development of the company's compliance and regulatory risk management frameworks.
• Ensure all products and operations comply with regulatory and ethical standards.
• Manage internal audits, compliance reviews and monitoring efficacy of controls.
• Act as the primary lead for all data protection matters.
• Deliver compliance reports for internal stakeholders and regulatory authorities.
• Manage all interactions with UK and US regulators.
• Maintain and update the organisation's risk register.
• Collaborate with all teams to integrate compliance throughout product development.
• Facilitate compliance training and awareness programs for all employees.

Skills and experience required:

• Experience leading a compliance function in a scaling organisation.
• Experience working in the insurance industry.
• Detailed understanding of FCA regulations and data privacy laws.
• Excellent communication, analytical and decision making skills.
• Ability to manage a robust compliance framework in line with developing business priorities.