INSURANCE COMPLIANCE OFFICER

Clark James Recruitment; Newcastle upon Tyne; On-site; GBP 45,000 - 60,000; Full time

Job summary

Clark James Insurance Recruitment seeks a Compliance Officer with recent FCA-regulated insurance experience. The role is brand-new, offering an exciting environment and long-term development within a leading UK insurer. You will assess risk, implement compliance monitoring, and support regulatory relations across UK and global operations.

The ideal candidate has 3+ years in a similar role, deep FCA knowledge, and strong stakeholder skills to collaborate with regulators, brokers, and partners.

Qualifications

• 3+ years' experience in a similar role within the Insurance industry (broker or MGA preferred).
• Strong knowledge of FCA rules and Lloyd's market considerations is advantageous.
• Excellent interpersonal and collaboration skills with the ability to work with diverse teams.

Responsibilities

• Assist the Group's CFO in reviewing and enhancing internal control processes and procedures.
• Liaise with Regulators and Governing bodies along with Insurer and Reinsurer partners.
• Build positive relationships with clients, brokers and other professionals.
• Assist with the compliance monitoring work and oversee the Conduct Risk framework and associated policies and procedures.
• Keep abreast of latest compliance laws and FCA regulations including GDPR and assess impact of changes.
• Monitor and provide compliance guidance to online producers and affiliates.

Skills

Compliance experience

FCA regulations knowledge

Stakeholder engagement

Risk assessment

Job description

Clark James Insurance Recruitment would love to hear from individuals with recent Compliance experience within the FCA regulated Insurance industry. This is a brand-new role with an exciting company who are an industry leader providing bespoke niche Insurance products across the UK and around the globe. They are a thoroughly modern forward thinking business with a fantastic culture resulting in enviable staff retention.

The Compliance Officer will be responsible for identifying and assessing risk and compliance issues including making recommendations and providing support relating to all aspects of the company's compliance monitoring and implementation.

Key Duties

• Assisting the Group's CFO in the review and enhancement of internal control processes and procedures
• Liaising with Regulators and Governing bodies along with Insurer and Reinsurer partners
• Building positive relationships with clients, brokers and other professionals
• Assist with the compliance monitoring work and oversee strategy and Conduct Risk framework and associated policies and procedures
• Keeping abreast on the latest Compliance laws and FCA regulations including GDPR and assessing the potential impact of any changes
• Monitoring and providing compliance guidance to online producers and affiliates

Key Attributes

• 3+ years' experience in a similar role within the Insurance industry, ideally for a broker or MGA
• Knowledge of rules and requirements of the FCA and the Lloyds market
• First class people skills allowing integration with the team and the felling of working together not against colleagues
• A strong understanding of the Insurance industry is essential for this role

The role offers an excellent salary for the area as well as a comprehensive list of benefits and a genuine long term prospect allowing you to flourish and make the role and department your own perhaps with the ability to manage staff further down the line.