Compliance Officer

Summary

Join INSHUR, a friendly and stimulating company in Brighton, as a Compliance Officer! This hybrid role offers remote work flexibility with occasional office visits. You'll support the Head of Compliance, ensuring adherence to legal and regulatory obligations as a regulated Insurance intermediary and Managing General Agent (MGA)/Coverholder. Collaborate with various teams to implement compliance strategies, monitor activities, and provide compliant solutions. The role involves drafting policies, reviewing risks, conducting monitoring activities, and advising other teams on compliance matters. INSHUR values high performance and a strong compliance culture, offering a rewarding opportunity to contribute to a growing company.

Requirements

• Have worked independently or un supervised in a similar Legal, Risk or Compliance role with personal and commercial lines insurance products - Motor, Breakdown, Home, Medical or Business insurance
• Deep working knowledge of all insurance related areas of the FCA handbook inc Consumer Duty
• Compliance monitoring expertise: proven experience in designing, carrying out, and reporting on compliance monitoring activities, with the ability to identify gaps, escalate issues, and oversee remedial actions
• Detailed understanding of wholesale and retail insurance business and the risks which attach to these products
• Collaborative: strong team ethic and ability to build and sustain strong working relationships with a variety of internal and external stakeholders

Responsibilities

• Support the business by ensuring INSHUR adheres to legal and regulatory obligations as a regulated Insurance intermediary and Managing General Agent (MGA)/Coverholder
• Play a key role in implementing our compliance strategy and maintaining high-quality service for stakeholders
• Collaborates with all levels of the organisation to provide compliant, business-sensitive solutions in a variety of areas, including
• Frameworks, policies and procedures: drafting as well as developing and implementing
• Compliance risks and controls: reviewing and developing risks and controls
• Compliance monitoring: designing and carrying out regular monitoring activities to assess adherence to regulatory requirements and internal policies, reporting findings, and ensuring remedial actions are implemented
• Ongoing support: to the first line of defence regarding our compliance obligations
• Compliance strategy and plans: support in the orderly running of activities and products to ensure that they adhere to all applicable guidelines and regulations
• Providing advice: to the insurance, claims and marketing teams on compliance requirements
• Assisting: in preparing MI and reports as and when necessary
• Other: regulatory and compliance requirements as required

Preferred Qualifications

• Experience of corporate risk and compliance requirements: in a business scenario with particular reference to insurance start-ups and or digital verticals or Knowledge of and interest in the insurtech environment
• A continual learner: you want to know all there is about the industry, customers, other teams, and marketing best practices
• Succinct and engaging: able to translate technical concepts into easy-to-understand language
• Adapts: well to constant change and is able to see the bigger picture, yet understand the details

Benefits

• 30 days of holiday annually, plus bank holidays
• Private healthcare for you and your family, including pre-existing conditions
• Life insurance at 3x your salary
• 13 weeks parental leave at full pay for new parents
• Workplace nursery scheme with Gogeta, allowing you to pay fees pre-tax
• Ride to work scheme
• Workplace pension scheme to help you save for retirement
• Flexible working hours to suit your lifestyle
• ��500 annual personal training allowance plus regular learning opportunities on a variety of topics
• ��40 monthly wellbeing allowance to keep you healthy
• 24/7 Employee Assistance Program, covering you and immediate family members—offering crisis support, counselling, legal advice, menopause CBT, and more
• Office massages to keep those shoulders relaxed