In this role, you will work on a wide-range of compliance, conduct risk and financial crime matters.
Reporting into the Head of Compliance, you will:
- Take responsibility for consumer duty requirements and queries from MGAs and internally, ensuring regulatory obligations are met.
- Collate, analyse and present Risk and Compliance MI received from MGAs on a monthly basis.
- Collate risk metrics from 1st line business areas for risk monitoring and for reporting to Exco and Board.
- Assist with full due diligence undertaken in the onboarding of new MGAs.
- Collate MI for regulatory returns.
The Head of Compliance will provide you with support and training on areas you are unfamiliar with, but it is essential that you have an understanding of Consumer Duty and how it relates to an insurance business. You will need at least two years experience of working in a compliance role for an insurance organisation.