Insurance Compliance Officer

About the Role

Our client is seeking a vigilant and knowledgeable Insurance Compliance Officer to join their team in Bristol . You will be responsible for ensuring that the company adheres to all relevant laws, regulations, and industry standards governing the insurance sector. This hybrid role involves monitoring compliance activities, developing policies and procedures, and conducting internal audits to identify and rectify potential breaches. Your work will be crucial in safeguarding the company's reputation and ensuring its continued operation within the legal framework of the South West England region, offering a blend of remote analysis and on-site engagement.

Key Responsibilities

• Monitor changes in insurance regulations and legislation, assessing their impact on company operations.
• Develop, implement, and update compliance policies, procedures, and controls.
• Conduct regular internal audits and reviews to ensure adherence to regulatory requirements and company standards.
• Investigate potential compliance breaches, preparing reports and recommending corrective actions.
• Provide compliance training and guidance to staff across various departments.
• Liaise with regulatory bodies (e.g., FCA) and external auditors as required.

Requirements

• Proven experience in a compliance, legal, or regulatory role within the insurance industry.
• In-depth knowledge of UK insurance regulations, including FCA rules and guidelines.
• Strong analytical and problem-solving skills, with meticulous attention to detail.
• Excellent communication, reporting, and interpersonal skills.
• Ability to interpret complex legal and regulatory texts and translate them into practical policies.
• Experience with compliance monitoring and audit processes is essential.

Benefits

• Competitive salary and comprehensive benefits package.
• Hybrid working model to support work-life balance.
• Opportunities for professional development and certifications in compliance.
• A key role in maintaining the integrity and legality of operations in Bristol .
• Supportive team environment within a well-established insurance firm.