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Compliance Manager

Sellick Partnership
Posted a day ago, valid for 24 days
Location

London, Greater London SW1A2DX, England

Salary

£75,000 - £80,000 per annum

Contract type

Full Time

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Sonic Summary

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  • The Insurance Compliance Manager position is based in the London area and offers a salary between £75,000 and £90,000, depending on experience.
  • The role requires significant experience in a compliance position within the financial services sector, with a preference for candidates who have insurance experience.
  • Responsibilities include implementing a compliant CMS, providing compliance advisory, and maintaining an effective outsourcing framework.
  • The successful candidate will work in the office twice a week and will not have people management responsibilities.
  • Benefits include an on-target bonus, 25 days of annual leave, private medical insurance, and a 10% employer contributory pension.

Insurance Compliance Manager

London Area

Permanent

75,000 - 90,000 DOE

A leading insurance company is actively looking for an experienced Compliance Manager to join their in-house compliance team on a permanent basis.

This role would see the Compliance Manager work in an established compliance function, providing specialist knowledge and solutions on a range of compliance topics, as well as contributing to an overall compliance culture. This role does not involve people management.

The successful Compliance Manager will be required to attend the office in London twice a week.

The ideal candidate will have experience in a compliance role within financial services. Experience working within the insurance sector would be advantageous.

As the Compliance Manager, your role will include, but is not limited to:

  • Implementing and maintaining a compliant CMS, ensuring appropriate compliance with all relevant laws and regulations
  • Contributing to the further development of the CMS framework
  • Providing compliance advisory to business stakeholders
  • Support the development of training materials on a range of compliance topics and the wider regulatory environment
  • Assisting and advising on the Financial Sanctions risks posed across multiple classes of insurance/reinsurance business, ensuring compliance with all internal standards and external legislation
  • Maintaining an effective Outsourcing framework, preferably around delegated underwriting authorities and multi-layered distribution channels

Skills required by the Insurance Company of the Compliance Manager:

  • Ideally professionally qualified as a Chartered Insurer or equivalent qualifications (or making significant progress towards this)
  • Professional experience in a compliance role within the insurance or financial services sector
  • Working knowledge of the practices and expectations of the PRA and FCA
  • Experience in assessing financial sanctions queries relating to complex (re)insurance coverages and via delegated outsourcing arrangements

Benefits to the Compliance Manager:

  • On target bonus
  • 25 days annual leave
  • Private medical insurance
  • Employers' contributory pension of 10%
  • Fully paid 6 months family leave

This is a brilliant opportunity for an experienced Compliance professional looking to join a global business and make an impact from day one.

To apply for the Compliance Manager role then please contact Chelsey Saxon in the Manchester office for a confidential chat or click apply to arrange a suitable time to discuss.

Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.

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