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Broadgate Search

Senior Compliance Manager / Head of Compliance (Insurance)

Manchester, England, GB

Company: Broadgate Search

Category: Management Occupations

Published on 2022-04-29 11:14

My client, a rapidly growing Insurance specialist, has an exciting opportunity for an experienced Compliance professional to join as Head of Compliance focusing on Wholesale & Operations; this position would suit an experienced Senior Manager.

Role Responsibilities:

~ Provide expert compliance advice to the Wholesale Division on all regulatory matters

~ Ensure that all key business risks are managed effectively and within tolerance

~ Ensure all reporting requirements are delivered by the team on time, to a suitable quality, and appropriate scheduling and review is in place where internal contributions are required

~ Attend the Wholesale Executive Committee, preparing and presenting the monthly report

~ Support the Risk & Compliance Monitoring Framework, identify areas for review, and support the Head of Compliance Monitoring to recommend appropriate actions for mitigation

~ Ensure regular updates to the Risk Registers and Risk reporting, provided by the Risk & Compliance Heads of the Retail & Franchise Divisions

~ Oversee the key control framework for compliance operations including review scheduling

~ Provide regular reports and review results, identification of themes and commentary on progress of actions for the Executive Committee / Group Risk Committee as appropriate

~ Develop and maintain knowledge of regulatory and legal risks to the business

~ Maintain market knowledge to allow a suitable commercial approach to be taken

~ Develop and maintain knowledge of the business as it continues to grow

~ Identify own development needs and relevant training to address

Experience Required:

~ Minimum 10 years experience working in a General Insurance Risk & Compliance function

~ Deep knowledge of compliance in a Lloyds / London Market environment (including operation of TOBAs, binders, Bordereaux, etc)

~ Team management experience preferred

~ Wider experience in Wholesale Insurance Broking or MGAs a distinct advantage

~ Educated to degree standard preferred

~ Relevant professional qualification preferred, but not essential

~ Strong knowledge and experience of UK regulatory requirements

~ Excellent verbal and written communication, including report writing

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