Compliance Assurance Manager
Remote or Offices based in Manchester/ Sussex
up to £95k
Compliance Assurance Manager is required to join a Personal Lines UK Insurance Company on a permanent basis. This insurance company focuses on Motor and Home Insurance as a broker.
As the Compliance Assurance Manager you will be required to;
- To design, deliver and lead alongside the Head of Compliance, a Group Compliance Assurance Plan (CAP) as part of wider Risk & Compliance planning.
- Lead the annual Assurance planning process, working with Executive, Senior Management and key stakeholders presenting the output of risk assessments for each area of the business and proposing the overall programme of assurance activity for the Group
- Provide effective leadership to the Compliance Monitoring team.
- Act as a subject matter expert to champion the Group's overall assurance methodologies (i.e. Control Testing Framework).
- Operational oversight and management of co-sourced and outsourced arrangements in place to compliance assurance activity.
- Delivery of the CAP in line with agreed Compliance Procedures; manage and oversee completion of prescribed activity within agreed timeframes, managing changes to the CAP and reporting such changes to the relevant forums.
- Act as Compliance representative at Executive and Management stakeholder meetings. Support with review scope agreement and findings discussions. Act as the escalation point using influence from expertise, to persuade stakeholders and agree findings, priority ratings, assurance gradings and appropriate actions on matters relating to the CAP.
- To provide oversight and management of the implementation of all agreed actions arising from the CAP to include escalation of overdue actions, obtaining agreement to extensions from relevant Executive and action closure (evidence reviews).
- Deputise for the HoC where appropriate and assist in the delivery of key Compliance initiatives
- Responsible for reporting on risk and compliance culture in relation to output of assurance activity and progress against agreed actions
- Production of insightful reports for review by the HoC, Risk & Compliance Director, Risk Committees and relevant Boards, as appropriate.
As the Compliance Assurance Manager, you will have;
- A strong regulatory background working within the insurance sector
- Stakeholder management and ability to educate and influence, presenting to senior leaders with confidence
- Second or Third Line Compliance Assurance Expertise with experience in compliance assurance, monitring and/ or internal audit
- In depth knowledge of FCA requirements including Consumer Duty
- Experience of leading a compliance monitoring team
Benefits of the Compliance Assurance Manager;
- 26 days holiday + bank holidays + day off for birthday
- Pension Contributions up to 10%
- Bonus averaging 15%
- Health Cash Plan
- Group Life Assurance x 4 salary
- Private Medical Cover through Bupa (self, partner, children)
- Interest free loans
- Colleague car insurance discount for self and 5 friends/family
- Perkbox
- Drive electric Car scheme
- EAP
- Flexible working (core hours 10-3)
For more information, please contact Chelsey at Sellick Partnership on 0161 834 1642 or APPLY NOW to be considered.
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