Regulatory Change & Projects Manager in Redruth

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

We have an exciting opportunity for an experienced risk and compliance professional to join and further strengthen our team. In this role you’ll leverage your experience to support Brown & Brown, one of the largest insurance intermediaries in the UK and Ireland, with our continued growth across our Retail, Lloyd’s and London Market Brokers, Underwriting and Network divisions.

You’ll be working in an ever-evolving role, full of variety and challenge, with teammates in our central Risk & Compliance Team, the Head of Regulatory Change & Projects and other senior key stakeholders. You’ll support the Head of Regulatory Change & Projects in delivering regulatory change initiatives and other regulatory focused projects, which actively contribute to ensuring a strong risk and compliance culture across the Brown & Brown Europe group.

The role also provides senior-level support in the management of financial crime risks and plays a key role in performing risk and compliance due diligence of potential acquisition targets and oversight of the integration of acquired regulated entities. This is a fantastic opportunity to develop within our business and you’ll play a part in helping to shape the future of Brown & Brown, building on our foundations, adapting to change and supporting our continued growth and success.

The day to day:

• Regulatory & Legislative Change: Track and regulatory developments in all applicable jurisdictions, including changes in FCA rules and guidance, and changes in financial crime legislation. Prepare communications on change as required and assist in providing responses to regulatory consultations. Support the delivery of regulatory change initiatives, including conducting impact assessments, planning, stakeholder engagement, project management and implementation. Support periodic reviews and updates to reflect evolving regulatory landscape across jurisdictions.
• Risk & Compliance Projects: Support in the delivery of regulatory focused projects, which actively contribute to ensuring a strong risk and compliance culture across the multiple jurisdictions in which we operate. Contribute to risk assessments, conduct impact assessments, create and manage project plans to ensure effective implementation, and ensure effective stakeholder engagement.
• Compliance Framework: Assist in the design, implementation, and maintenance of a compliance framework that documents the second line compliance services appropriate for the Brown & Brown Europe group.
• Financial Crime: Support senior leaders and MLROs in managing financial crime risks, including AML, sanctions, and internal and external fraud prevention. Assist with financial crime risk assessments and with activities required to ensure compliance with the Financial Crime Minimum Standards. Maintain accurate records for AML monitoring, suspicious activity reporting (SAR), and other financial crime obligations and support reporting to, and interaction with external parties as required.
• Acquisition Due Diligence and Onboarding: Support the European M&A team in delivering its acquisition plan through provision of robust risk & compliance due diligence. Produce timely and accurate reports outlining key regulatory and financial crime risks, escalating material issues, and proposing mitigation strategies. Working with risk and compliance teammates, oversee and support the initial stages of onboarding and integration of acquired regulated entities and businesses. Ensure smooth transition of compliance responsibilities to relevant Heads of Risk & Compliance and their teams.
• Culture & Awareness: Promote a strong risk and compliance culture across the group through training, guidance, and engagement. Provide in-house consultancy services for areas with strong subject matter expertise.
• Governance & Reporting: Support preparation of regular reports and dashboards for management and governance committees.

About you: You’ll be an experienced risk and compliance professional with strong knowledge of UK (EU desirable) regulatory frameworks and financial crime regulations. Ideally with experience in the insurance sector and with an understanding of insurance broking, with a high degree of business acumen. Strong analytical skills with the ability to interpret complex information and assess impact on business processes, with experience in managing complex regulatory projects. A highly organised, proactive learner with an initiative taking approach to identifying and resolving compliance issues. Ability to work effectively with cross functional and international teams, with strong communication skills for stakeholder engagement and attention to detail, showing a high degree of accuracy in documentation and reports. A full driving licence is beneficial as there will be some travel nationally with this role.

The rewards: An exceptional working environment within a passionate and highly engaged team, that will continue to grow, allowing you some excellent career opportunities in the mid-term. The package includes a negotiable basic salary with all the normal benefits – 25 days holiday + Bank Holidays, Pension, Life Assurance, Individual PMI (Post Probation), Flex Benefits and access to the annual Brown & Brown Share save scheme. We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.