Compliance Advice Executive

We have an exciting opportunity to join the UK Insurance (EUI Limited) Function’s Compliance department with a role based in the Compliance Advice Team. As a member of EUI Compliance, you will be passionate about supporting a variety of teams to comply with regulatory requirements and deliver fair outcomes to our customers.

Job Purpose

The role of the team is to provide customer-focused regulatory advice, guidance and challenge across all UK Insurance Functions, to ensure they deliver fair outcomes to customers and comply with regulatory requirements.

As a Compliance Executive, you will support the implementation and ongoing adherence to regulatory requirements by providing independent review and challenge.  The role is varied and can involve providing advice on smaller ad-hoc queries, through to larger scale regulatory change projects or new product launches.  You will also be responsible for the oversight of regulatory submissions and Regulatory Applications for the UK Insurance Function.

Main Duties

In line with Regulatory Rules and Guidance:

• Provide advice, guidance, direction and interpretation regarding compliance queries/issues
• Provide oversight to ensure both conduct and regulatory risks are fully considered for all new developments, product enhancements and product reviews
• Provide compliance oversight and challenge on key regulatory projects, supporting the assessment, as well as the accurate and timely implementation of regulatory changes
• Provide compliance support through attending key meetings (project Steerings, working groups and committees)
• Provide review and oversight of regulatory submission and returns
• Review and challenge the remediation proposals for customer-impacting risk events
• Review and challenge of regulatory submissions, including SM&CR Regulatory Applications, ahead of submission to the Regulator
• Maintain the UK’s Conflict of Interest Register
• Work collaboratively with colleagues and stakeholders across the business
• Support the Compliance Advice Manager as required

Skills and Experience

Essential

• Customer focused with strong communication skills
• Strong analytical skills
• Objective, timely and confident decision-making skills
• Educated to Degree level or with relevant industry experience

Desirable

• Sound knowledge of FCA regulation
• Strong report writing capabilities

Salary, Benefits and Work-Life Balance:

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we're voted no. 1 in the 2020 Sunday Times Best Big Companies to Work For in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

You can also view some of our other key benefits here; https://admiraljobs.co.uk/employee-benefits/.

If you think this role is for you and would like to be considered for this opportunity, please click “apply now” to complete an online application form.

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