Job Title: | Compliance Lead (Business Insurance) |
Contract Type: | Contract |
Location: | Reading |
Industry: | |
Salary: | Negotiable |
Start Date: | asap |
Duration: | 6 month |
REF: | PP/CK/Compliance_1630063835 |
Contact Name: | Caroline Kennedy |
Contact Email: | caroline.kennedy@projectpeople.com |
Job Published: | over 2 years ago |
Job Description
Compliance Lead (Business Insurance)
Reading/Home
6 month contract
We're looking for a Compliance Lead (Business insurance) to work for a telecommunications company based in Reading.
Reporting to the Lead Financial Services Compliance Specialist (Insurance), the Compliance Lead (Business Insurance) will provide specialist, practical regulatory guidance and support, to ensure that we have the right policies, processes, procedures and controls in place to operate in line with its legal and regulatory obligations under the FCA regime.
Responsibilities of the Compliance Lead (Business Insurance) include:
- Work closely with our IT transformation programme, you'll be required to support in designing appropriate and effective controls to ensure our business-to-business general insurance product operates in line with regulatory expectations and is designed to deliver fair customer outcomes, end-to-end.
- Work collaboratively with colleagues in the Legal team and the wider business to facilitate that legal and regulatory changes impacting the business insurance product are effectively identified and implemented.
- Review / provide guidance on the development of compliance related policies, procedures, processes and controls to facilitate compliance with applicable financial services laws and regulations.
- The Compliance Lead (Business Insurance) will support the business with FCA compliance related issues so that issues are being appropriately identified, investigated, managed and resolved.
- Prepare relevant compliance reporting to meet both internal and external requirements.
- Engage with 1st / front line operational business teams to drive compliance awareness and improvements, as well as good outcomes for our customers.
The successful Compliance Lead (Business Insurance) will have:
- Strong understanding of business-to-business insurance regulation and best practices.
- Subject matter expert in financial services compliance and regulation with significant experience in financial services - essential. Including: knowledge of, and ability to analyse, understand and apply financial services regulation and FCA handbooks - e.g. Insurance Distribution Directive, Regulated Activities Order, ICOBS (in particular GI products), SYSC, DISP, PROD etc.
- Understanding of conduct risk management best practices and what it means to deliver fair customer outcomes across an insurance product customer journey.
- Strong communication and interpersonal skills are essential. You'll be a people-person who is skilled at explaining regulatory requirements in practical terms, and at building and maintaining relationships with internal and external stakeholders. Strong report writing skills are also essential.
- Proficient user of MS Office 365 applications (Outlook, Word, Excel, PowerPoint and Teams).
- Work well under pressure, be flexible and comfortable with ambiguity and manage several tasks at the same time working to tight deadlines.
- Ability to work independently to plan, organise and prioritise activities to efficiently meet business objectives.
To apply for the Compliance Lead (Business Insurance) please send your CV to caroline.kennedy@projectpeople.com
Project People is acting as an Employment Business in relation to this vacancy.
SIMILAR ROLES
-
Team Administrator
Location: Reading
Salary: Negotiable
-
Assistant Commercial Finance Analyst
Location: Reading
Salary: Negotiable
-
POWER BI DEVELOPER -FULLTIME-PERMANENT -THEALE/READING
Location: Reading
Salary: £60000 - £61000 per annum
-
DATA VISUALISATION - POWER BI DEVELOPER - PERM - THEALE
Location: Reading
Salary: £60000 - £61000 per annum
-
BI Developer
Location: Reading
Salary: Negotiable
-
Regional Property Surveyor - Telecom - Contract - Reading
Location: Reading
Salary: Negotiable