Compliance Officer – Insurance

Job Title – Compliance Manager – Insurance

Contract – Permanent

Salary – £40,000 – £45,000

Location – Hertfordshire

Industry – Insurance Broker (Insurance Commercial)

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My client an independent Hertfordshire based brokerage is looking to expand their Compliance function.

Duties:

To assist the operations director with ongoing compliance implementation and regulatory reporting requirements; and to ensure the Firm maintains compliant practices to accord with any future policies issued by the FCA relating to its regulated general non-investment insurance activities.

To assess training requirements and maintain training and professional development records for all employees.

To structure and organise relevant in-house and external training as deemed appropriate to the nature of the business.

Maintain records of management and staff meetings.

Handle complaints in accordance with the FCA guidelines.

To handle the Firms HR responsibilities including but not limited to Contracts H&S Policy and Handbooks

High level of inter-personal skills to include:

The ability to build successful mutually beneficial business relationships.

People management.

Influencing and negotiation skills.

Strong communication skills in a variety of mediums including written presentation and oral.

Planning organisational and measuring skills.

Problem solving skills.

Computer literate and have a good understanding of the Company’s computer system.

Self-development – ability to recognise personal development needs and take responsibility for continuous learning.

Key Result Areas:

Regularly review in conjunction with the operations director FCA publications and identify if any changes are necessary to the Firms processes to ensure compliance.

Provide staff with assistance and clarification where any potential compliance conflicts arise.

Monitor changes in employment legislation review any impact or risk and report to management.

Arrange regular meetings with staff to plan their ongoing training requirements.

Regularly monitor [Broker Assess] on-line training facility for usage and after course assessments and update individual personal development files.

Organise external training courses where required and available.

Conduct client file audits through Acturis system and report to management plus verify the Firms client money calculations and half-yearly FCA returns.

Monitor monthly renewals mid-term adjustments & new business written to ensure contract certainty.

Review on a monthly basis insurer partners credit ratings.

Maintain a register of complaints and progress monitor to resolution.

Attend relevant training seminars and/or workshops when necessary to keep abreast of industry changes and developments.

If you have the relevant experience or know someone that does please contact us now on 0203 727 2313 or email us at admin@lawesgroup.co.uk

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