Product Governance & Compliance Business Partner

Product Governance & Compliance Business Partner

Full-Time No working from home possible
Avencia Consulting
Our client is a global commercial and specialty insurer operating across 40 countries, looking to grow their compliance team. The Role Working with underwriting teams, this role provides expert guidance to ensure that new products, product changes and distribution strategies meet regulatory requirements from design through to launch. Acting as a trusted compliance adviser and business partner, the role specialises in product development compliance within a UK FCA/PRA regulated environment. Responsible for embedding regulatory requirements into product development processes and ensuring all business activities across the UK Ireland are conducted in accordance with relevant regulations. Key Accountabilities Product Development Compliance Serve as the primary compliance contact for underwriting teams (Accident Health and Delegated Authority) on all product development and product change initiatives Review new products and product changes from a compliance perspective, ensuring regulatory expectations are met from design through to launch Assist underwriting teams in completing New Product Risk Assessments and applying relevant internal guidelines impacting product development Embed FCA/PRA regulatory requirements, Consumer Duty obligations, and conduct risk expectations into day-to-day product development processes Advise on the interpretation and prac...
Avencia Consulting

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Avencia Consulting Recruitment Team