Insurance Compliance Officer

About the Role

Our client is seeking a diligent and knowledgeable Insurance Compliance Officer to join their operations in Portsmouth . This role is essential for ensuring that the company adheres to all relevant laws, regulations, and internal policies governing the insurance industry. You will be responsible for developing and implementing compliance programs, conducting audits, and providing guidance to staff on regulatory matters. This hybrid position allows for a structured approach to maintaining compliance, balancing collaborative office-based tasks with focused remote work, contributing to the company's ethical operations and integrity.

Key Responsibilities

• Develop, implement, and monitor compliance programs and policies.
• Conduct regular internal audits to assess adherence to regulatory requirements.
• Provide training and guidance to employees on compliance-related matters.
• Investigate compliance breaches and recommend corrective actions.
• Stay abreast of changes in insurance regulations and advise the business accordingly.
• Liaise with regulatory bodies and external auditors as required.

Requirements

• Proven experience in a compliance, legal, or audit role, preferably in the insurance sector.
• In-depth knowledge of insurance laws and regulatory frameworks (e.g., FCA guidelines).
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills to effectively engage with stakeholders.
• Ability to interpret complex regulations and translate them into practical business processes.
• Bachelor's degree in Law, Business, or a related field.

Benefits

• Competitive salary package.
• Flexible hybrid working arrangement.
• Comprehensive health and wellness benefits.
• Contributory pension scheme.
• Opportunities for continuous learning and professional certification in compliance.