Senior Compliance Manager

Royal & Sun Alliance Insurance Ltd; London; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Compliance Manager to join their Risk & Compliance team. This pivotal role involves safeguarding the business by managing compliance matters and engaging with regulatory authorities. The ideal candidate will possess a solid understanding of prudential regulation and FCA conduct requirements, along with excellent stakeholder management and analytical skills. The company fosters a culture of inclusivity and offers a hybrid working model, ensuring a balanced work/life environment. Join a passionate community dedicated to continuous development and making a meaningful impact in the insurance sector.

Benefits

Pension contributions up to 11%

Flexible working hours

Opportunities for continuous development

Inclusive work environment

Qualifications

• Experience in compliance with FCA conduct requirements is essential.
• Strong analytical and communication skills are crucial for this role.

Responsibilities

• Manage compliance-related matters, focusing on prudential regulation.
• Engage with regulatory bodies like PRA and FCA to ensure compliance.

Skills

Stakeholder Management

Analytical Skills

Communication Skills

Problem-Solving

Team Leadership

Education

Experience with FCA conduct requirements

Solid understanding of prudential regulation

Understanding of the insurance industry

Job description

Introduction
At RSA, we believe insurance is about people, not things. We provide our inspiring colleagues the support and opportunity to grow together, shape the future, and win as a team. We are going through a transformation journey, providing our people with opportunity to be integral to improving our service and delivering better products to brokers and customers. We are a proud member of the Intact family, we feel part of something bigger, with a presence in North America, the UK and Europe.
We have a bold ambition to become the best Commercial Lines business in the UK, demonstrated by our recent acquisition of NIG and Farmweb, allowing us to scale by leveraging our combined financial strength and importantly ensure our people feel the benefits of our joint capabilities.
We are currently recruiting for a Senior Compliance Manager to join our established and experienced Risk & Compliance team here at RSA on a hybrid basis.

Your role
As a Senior Compliance Manager, your role will be critical in safeguarding the business and supporting the Compliance function's Value, Insight, and Partnership (VIP) agenda. Based within the UK Compliance and Risk function and reporting to the Chief Compliance Officer (CCO), you will provide support across a broad range of compliance matters, including regulatory engagement, horizon scanning, SMCR, and business-wide compliance issues. A key focus of your role will be engaging with the Prudential Regulation Authority (PRA) and overseeing prudential regulatory matters.

You will possess a broad and adaptable skill set, enabling you to work autonomously across a wide range of compliance topics. Collaborating closely with stakeholders across the first, second, and third lines of defence, you will engage with all levels of seniority, including members of the RSA Operating Committee and colleagues within the Intact group. Good stakeholder management, sound judgment, and the ability to influence effectively will be key to your success in this role.

Your responsibilities
Your responsibilities will include managing various compliance-related matters across the business, with a particular focus on engagement with prudential regulation. This will involve advising senior management, coordinating with the PRA, FCA, and other regulatory bodies, ensuring timely completion of deliverables, and maintaining focus on regulatory change. Additionally, you will contribute to horizon scanning activities, tracking policy developments, and collaborating across the business to ensure the regulatory landscape is continually monitored and managed.

About you
You will have experience with FCA conduct requirements and a solid understanding of prudential regulation. This role will require excellent stakeholder management skills and a results-driven approach, allowing you to confidently deliver difficult messages while maintaining positive relationships. You will possess excellent written, verbal, and analytical skills, as well as good interpersonal abilities, effective team leadership, and relationship-building skills.

Your organisational skills will also be crucial in managing multiple tasks and responsibilities. A solid understanding of the insurance industry is essential, along with the ability to problem-solve and collaborate effectively. In this role, you will engage with stakeholders across the UK&I business and the wider Intact Group, including senior-level executives, and will have direct contact with regulators.

What we offer you
At RSA we put our people first. We have adopted hybrid working as standard, to give you a better work/life balance and an excellent flexible working mindset. That is on top of a comprehensive range of benefits, including pension contributions of up to 11% looking after you now, and in the future.
We'll give you countless opportunities to continuously develop, alongside a diverse and passionate community of experts - the best the industry has to offer. You'll be empowered to be your best self, do your best work, and make a meaningful impact. Our employee promise allows you to shape the future, win as a team, and grow with us.

About Us
We celebrate individuality and it is important to us that we have a culture where our people feel respected and valued for who they are. We pride ourselves on being accessible and encourage inclusive environments where our people can always give and show the very best of themselves.

We understand that home life is a priority and are happy to consider reduced hours or job shares.

If you think you would be a great fit for us, but do not meet all the requirements of the role, please contact us as we would love to discuss how RSA could be the next step in your career journey.