Insurance Compliance Officer

About the Role

Our client is seeking a meticulous and knowledgeable Insurance Compliance Officer to join their legal and compliance department in Liverpool . This role is essential for ensuring that the company operates in adherence to all relevant insurance regulations, laws, and internal policies. You will be responsible for monitoring regulatory changes, developing compliance programs, conducting internal audits, and providing guidance to staff on compliance matters. The ideal candidate will have a strong understanding of the regulatory landscape within the insurance sector and a commitment to upholding the highest standards of ethical conduct and legal compliance. Your work will help protect the company from regulatory sanctions and maintain its integrity in the market.

Key Responsibilities

• Monitor changes in insurance laws and regulations at national and regional levels, assessing their impact on company operations.
• Develop, implement, and maintain robust compliance programs and policies to ensure adherence to all legal and regulatory requirements.
• Conduct regular internal audits and risk assessments to identify potential compliance gaps and areas of non-compliance.
• Provide training and guidance to employees on compliance-related issues and best practices.
• Investigate compliance breaches and recommend corrective actions.
• Liaise with regulatory bodies and external auditors as required.
• Maintain accurate records of compliance activities and documentation.

Requirements

• Proven experience in a compliance role within the insurance industry or a closely related financial services field.
• In-depth knowledge of insurance regulations, such as Solvency II, GDPR, and FCA requirements.
• Strong analytical and investigative skills.
• Excellent written and verbal communication skills.
• Ability to interpret complex legal and regulatory documents.
• Relevant professional qualification in compliance or law is a significant advantage.

Benefits

• Competitive salary and performance-based incentives.
• Fully remote working environment, offering significant flexibility.
• Comprehensive health insurance and wellness benefits.
• Generous annual leave entitlement.
• Opportunities for continuous professional development and career growth.