Head of Insurance / Compliance Lead (Hybrid

Aston Charles; Dudley; On-site; GBP 60,000 - 90,000; Full time

Job summary

An established industry player is seeking a Head of Insurance / Compliance Lead to spearhead compliance efforts and drive growth. This pivotal role involves collaborating with the CEO and leading a dedicated team, ensuring adherence to regulatory standards while optimizing internal processes. The position offers a hybrid working model, allowing flexibility with only a couple of days required in the office per week. You'll be part of a dynamic organization that values innovation and responsiveness to market changes, providing an exciting opportunity to make a significant impact in the insurance sector.

Qualifications

• 10+ years in compliance and insurance, with strong FCA knowledge.
• Experience in compliance management within the insurance sector.

Responsibilities

• Lead a team of 12 insurance professionals ensuring compliance.
• Analyze risks and implement policies to manage exposure.

Skills

Compliance Management

Insurance Industry Knowledge

Risk Analysis

Regulatory Frameworks

Communication Skills

Team Management

Attention to Detail

Job description

Head of Insurance / Compliance Lead (Hybrid-Working) - Dudley

Job Type: Permanent

Sector: General Insurance

Specialism: Broker, Commercial, Compliance & Regulatory, Underwriting

Location: Midlands & Wales

Town/City: Dudley

Salary range: £60,000 - £89,999

Salary Description: £60K-£85K (Negotiable salary & benefits)

Posted: 28-Feb-25

Start Date: ASAP

Recruiter: Aston Charles

Job Ref: RJ3150

Job Views: 5

This is a privately-owned and highly entrepreneurial business, whose success has been forged from the vision of its founder and CEO. The company has a long-established insurance solutions business with a flat management structure, allowing rapid adaptation to market changes. To drive growth, ensure compliance, and maintain high customer service standards, a newly-created role has been established. You will closely collaborate with the CEO and lead a team of 12 insurance professionals. Your duties will include:

1. Analysing, identifying, and classifying risks and exposures.
2. Implementing and updating policy and procedure to manage exposure risks.
3. Compiling loss trends.
4. Ensuring adherence to regulatory and ethical standards.
5. Providing compliance advice to business stakeholders and escalating material compliance issues.
6. Managing regulatory requirements stemming from FCA regulations, overseeing the compliance monitoring plan.
7. Investigating and escalating significant compliance failures and managing regulatory reporting.
8. Producing management reports for senior managers.
9. Conducting and overseeing regular audits.
10. Providing internal and external compliance training.
11. Evaluating and optimizing the Warranty claims process.
12. Developing and implementing new Warranty management systems and tools.
13. Streamlining communication channels between customer service, clients, and the Warranty department.

Experience and Skills Required:

1. Detailed knowledge of insurance industry best practices and compliance standards.
2. Significant FCA knowledge and experience.
3. Minimum of 10 years’ compliance and insurance experience.
4. Previous experience in a compliance management role within the insurance industry.
5. Experience in underwriting, pricing, or exposure management.
6. In-depth knowledge of regulatory frameworks.
7. Highly organized and able to work independently.
8. Strong attention to detail.
9. Team player with the ability to manage key relationships.
10. Good verbal and written communication skills.

This role is based in state-of-the-art offices in a business park near Dudley, with amenities such as bars, restaurants, and gyms within easy walking distance. The role requires only a couple of days in the office per week, making it a convenient commute for candidates across the Midlands and surrounding areas.