Compliance Officer – Insurance - City

Market leading insurer seek a Compliance Officer to manage compliance risk for all of the businesses regulated entities by managing the relationship with the regulator, the promotion of best practice, monitoring and developing procedures to monitor regulatory developments and report to senior management.

The remit of the role will include:

To monitor and advise on Domestic and International licensing arrangements and prepare and submit regulatory returns.

To develop and maintain a strong compliance culture and appropriate procedures to monitor and control compliance risk along with systems and procedures to ensure compliance with the Data Protection Act.

Provide an effective monitoring programme to ensure that all staff adhere to company policy and procedures during the execution of their duties.

Continually monitor any changes made by the FSA, Lloyds' and other applicable regulators and where these changes could affect the operation to provide such documentation or other material to appropriate colleagues to keep them informed of changes.

Understand and interpret the regulations applied by the FSA (and any other applicable regulators) in so far as they affect the company and ensure that proper systems and controls are in place.

To maintain effective relationships with regulators and third parties.

To represent compliance on internal committees.

Plan, coordinate and develops the group compliance strategy and deliver training on compliance issues.

To monitor and develop policies and procedures to monitor group exposure to Money Laundering Risk and International Sanctions and review and approve all Group Financial Promotions.

For an initial discussion call Bianca on 0207 3108781

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