Compliance Manager - Insurance Industry

Compliance Manager - Insurance Industry

40k to 50k DOE

Must have an insurance background, no exceptions.

Working Hours: Monday to Friday, 9:00am to 5:30pm, with flexibility for the right candidate)

Are you an experienced compliance professional with a background in the financial and insurance services sector? Equation are recruiting for a Compliance Manager on behalf of a respected organisation specialising in financial and insurance services. This is an exciting opportunity to take ownership of compliance frameworks and processes while supporting a business committed to excellence and ethical practices.

About the Compliance Manager role Role:As a Compliance Manager, you will oversee and maintain the organisation’s compliance framework, ensuring adherence to industry regulations, including FCA requirements and the latest Consumer Duty standards. You’ll play a key role in ensuring the business meets all regulatory obligations while contributing to its commitment to fair and ethical practices.

Further details about this role are pending and will be updated accordingly as additional information becomes available.

Key Responsibilities of the Compliance Manager:

• Review and update company policies to align with regulatory standards, including FCA regulations and Consumer Duty requirements.
• Maintain a compliance monitoring plan, including annual reviews, version control, and regular audits.
• Prepare and update reports, including the Consumer Duty Board Pack and Annual Compliance Report, tracking key metrics such as customer outcomes and regulatory breaches.
• Conduct quality assurance checks on documentation and provide recommendations for improvement.
• Manage regulatory reporting, track deadlines, and ensure timely submissions to the FCA.
• Stay up to date with regulatory changes by attending webinars and monitoring updates from the FCA, ICO, and other regulatory bodies.
• Handle audits, respond to requests, and provide due diligence on third-party suppliers.
• Collaborate with management in meetings to discuss regulatory updates, compliance procedures, and areas for improvement.

What We’re Looking For:

• Strong knowledge of regulatory compliance, ideally within the financial and insurance services sector.
• Experience developing and managing compliance frameworks, policies, and procedures.
• Excellent organisational skills with attention to detail and the ability to manage multiple tasks.
• Strong communication and interpersonal abilities to liaise with management, colleagues, and external bodies.
• A proactive and ethical professional with a commitment to maintaining high standards.

What’s on Offer for the Compliance Manager:

• A competitive salary of £40-50k.
• Flexibility to work hours based on your needs.
• The opportunity to take ownership of compliance in a professional and supportive environment.
• A chance to contribute to the success of a business in the financial and insurance services sector, ensuring regulatory excellence and ethical practices.