Insurance Compliance Officer

About the Role

Our client is seeking a vigilant and knowledgeable Insurance Compliance Officer to bolster their operations in Belfast . In this critical role, you will ensure that all company activities and policies strictly adhere to the complex web of regulatory requirements governing the insurance industry. Your expertise will be vital in maintaining the company's integrity and operational license. This position demands a meticulous individual who can navigate regulatory landscapes effectively, working within a hybrid model that combines office-based collaboration with remote flexibility, supporting a culture of compliance and operational excellence across the business.

Key Responsibilities

• Monitor and interpret relevant legislation, regulations, and industry best practices affecting the insurance sector.
• Develop, implement, and maintain robust compliance policies and procedures.
• Conduct regular internal audits and risk assessments to identify potential compliance gaps.
• Prepare and submit regulatory reports to relevant authorities accurately and on time.
• Provide compliance training and guidance to staff across various departments.
• Investigate compliance breaches and recommend corrective actions.

Requirements

• Solid understanding of the UK insurance industry regulatory framework (e.g., FCA, PRA).
• Proven experience in a compliance, risk, or audit role within financial services or insurance.
• Excellent analytical skills and the ability to translate complex regulations into practical policies.
• Strong written and verbal communication skills, with the ability to engage stakeholders at all levels.
• High level of integrity and attention to detail.

Benefits

• Competitive salary and performance-related incentives.
• Hybrid work arrangement for a balanced work-life integration.
• Comprehensive health and wellbeing benefits.
• Generous holiday allowance and pension scheme.
• Opportunities for continuous learning and professional certifications in compliance.