Insurance Compliance Officer

About the Role

Our client is seeking a detail-oriented and knowledgeable Insurance Compliance Officer to ensure adherence to regulatory requirements within their organisation in Oxford . This role is essential for maintaining the company's integrity and reputation by monitoring regulatory changes, developing and implementing compliance policies, and conducting internal audits. You will work closely with various departments to embed a strong culture of compliance and risk management, ensuring all business activities meet legal and ethical standards. This is a crucial position for safeguarding the company against regulatory breaches and fostering trust with stakeholders.

Key Responsibilities

• Monitor changes in insurance legislation and regulatory requirements, assessing their impact on the business.
• Develop, implement, and maintain comprehensive compliance policies and procedures.
• Conduct regular internal audits and reviews to assess adherence to compliance standards.
• Provide guidance and training to staff on compliance-related matters.
• Investigate and report on any suspected breaches of compliance or regulatory standards.
• Liaise with regulatory bodies and external auditors as required.

Requirements

• Proven experience in a compliance role, preferably within the insurance or financial services industry.
• Strong understanding of UK insurance regulations (e.g., FCA, PRA requirements).
• Excellent analytical, problem-solving, and organisational skills.
• High level of integrity and attention to detail.
• Ability to communicate effectively with all levels of staff and external stakeholders.

Benefits

• Competitive salary and comprehensive benefits package.
• On-site working to foster strong internal relationships and oversight.
• Opportunities for professional development and compliance certifications.
• Generous annual leave and company pension plan.
• A responsible and respected role within a stable financial institution.