Compliance Manager

Rev & Regs are recruiting for a Compliance Manager for a large multinational insurance company.

The role provides additional senior compliance support to Group and Divisional Management in conjunction with the Group Compliance Director. This includes directly supporting and advising employees and management at offices and working with the wider compliance team to ensure adherence to the Group’s compliance requirements, policies, and procedures.

Responsibilities:

• Serve as the initial point of contact for compliance and financial crime-related support and advice for the company (acting as a Business Partner).
• Provide compliance input to mitigate conduct risk, leveraging a strong knowledge of company practices.
• Review and manage new & existing counter party relationships.
• Communicate compliance performance results to Divisional Directors and management.
• Prepare and distribute management information to the business.
• Support and advise the division on financial crime prevention measures.
• Conduct financial crime risk assessments, developing and implementing appropriate mitigations.
• Act as a subject matter expert on Lloyd’s market processes and requirements, providing guidance and expertise to the wider business.
• Demonstrate a strong understanding of wholesale and London Market practices and their impact on compliance and regulatory requirements.

Experience:

• FCA Compliance Expertise: Demonstrable knowledge of FCA compliance requirements related to both wholesale and reinsurance business.
• Regulatory Insight: In-depth understanding of Lloyd’s, ICOBS and SMCR regulations, with the ability to provide practical and commercially focused advice.
• Insurance Knowledge: Familiarity with both traditional and non-traditional insurance concepts.
• Operational Experience: Hands on experience in a broking or operational role within an insurance brokerage.
• London Market Expertise: Strong familiarity and knowledge of Lloyds, London market and reinsurance sector.
• Extensive understanding of FCA compliance requirements, including operational and regulatory processes.
• Expertise in interpreting and applying ICOBS and SMCR regulations in a practical, business-friendly manner.
• Holding or actively pursuing a recognised industry qualification, such as CII or ICA, is advantageous but not mandatory.

Salary: £80,000 - £90,000 plus bonus

Location: Hybrid (3 days per week in City of London office)