This role would suit an individual with some previous experience in a Compliance capacity within the insurance sector, who would like to work as part of a small team, supporting the Compliance Officer of this niche coverholder based in the City. This is a varied and interesting role, working as just a team of two and will include responsibilities such as:
• Ownership of the delegated underwriting agreements, liaising as necessary with principal insurers in the negotiation and renewal of such agreements
• Monitor and advise the Business on all relevant legislative and compliance developments impacting on the business and the Company
• Investigate compliance risks and issues and provide feedback as necessary
• Ensure that procedure manuals and policies are kept up to date and accurate, and they reflect the current regulatory and legislative requirements
• Create an audit framework which is suitable for the Business and undertake monitoring reviews ensuring that suitable solutions are implemented to address gaps or weaknesses identified
• Assist in the handling of all complaints ensuring all ‘lessons learnt’ are actioned; providing the regular and ad hoc reports
The successful candidate will be committed to quality, able to work under pressure and to tight deadlines, with strong interpersonal skills and confidence to liaise effectively with all areas of the business.
