Compliance Manager - Insurance Industry

45k to 70k DOE

Must have an insurance background, no exceptions.

Working Hours: Monday to Friday, 9:00am to 5:30pm, (with flexibility for the right candidate)

Are you an experienced compliance professional with a background in the financial and insurance services sector? Equation are recruiting for a Compliance Manager on behalf of a respected organisation specialising in financial and insurance services. This is an exciting opportunity to take ownership of compliance frameworks and processes while supporting a business committed to excellence and ethical practices.

About the Compliance Manager role Role:
As a Compliance Manager, you will oversee and maintain the organisation’s compliance framework, ensuring adherence to industry regulations, including FCA requirements and the latest Consumer Duty standards. You’ll play a key role in ensuring the business meets all regulatory obligations while contributing to its commitment to fair and ethical practices.

Key Responsibilities of the Compliance Manager:

• Review and update company policies to align with regulatory standards, including FCA regulations and Consumer Duty requirements.
• Maintain a compliance monitoring plan, including annual reviews, version control, and regular audits.
• Prepare and update reports, including the Consumer Duty Board Pack and Annual Compliance Report, tracking key metrics such as customer outcomes and regulatory breaches.
• Conduct quality assurance checks on documentation and provide recommendations for improvement.
• Manage regulatory reporting, track deadlines, and ensure timely submissions to the FCA.
• Stay up to date with regulatory changes by attending webinars and monitoring updates from the FCA, ICO, and other regulatory bodies.
• Handle audits, respond to requests, and provide due diligence on third-party suppliers.
• Collaborate with management in meetings to discuss regulatory updates, compliance procedures, and areas for improvement.

What We’re Looking For:

• Strong knowledge of regulatory compliance, ideally within the financial and insurance services sector.
• Experience developing and managing compliance frameworks, policies, and procedures.
• Excellent organisational skills with attention to detail and the ability to manage multiple tasks.
• Strong communication and interpersonal abilities to liaise with management, colleagues, and external bodies.
• A proactive and ethical professional with a commitment to maintaining high standards.

What’s on Offer for the Compliance Manager:

• A competitive salary of £45-70k.
• Flexibility to work hours based on your needs.
• The opportunity to take ownership of compliance in a professional and supportive environment.
• A chance to contribute to the success of a business in the financial and insurance services sector, ensuring regulatory excellence and ethical practices.