At a Glance
- Tasks: Ensure compliance with regulations and improve customer outcomes through effective risk management.
- Company: Join a leading insurance firm focused on regulatory excellence and customer satisfaction.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to grow your career in a dynamic and collaborative team.
- Why this job: Make a real difference in compliance and help shape a culture of regulatory awareness.
- Qualifications: Experience in the insurance sector and strong understanding of FCA regulations required.
The predicted salary is between 40000 - 50000 € per year.
The role is responsible for providing practical compliance oversight and assurance, identifying gaps and recommending improvements, and helping ensure adherence to regulatory requirements and the delivery of good customer outcomes. Working collaboratively with stakeholders across the Collective, the role supports a strong culture of regulatory awareness, effective risk management, continuous improvement, and clear customer-focused decision-making.
Key Responsibilities:
- Regulatory Compliance: Complete regulatory returns and compliance monitoring plan deliverables: gather and challenge inputs, validate data, meet deadlines, maintain audit trails, and respond to follow-up queries. Stay up to date with regulatory changes, update policies as relevant. Provide clear, practical compliance guidance across the business. Support compliance reporting and management information production and analysis. Maintain the policies register through annual reviews and version control.
- Risk & Breach Management: Support the management and reporting of risks and breaches through the registers. Identify and assess compliance gaps, incidents, regulatory and policy breaches. Contribute to the recommendation and oversee the completion of practical mitigation actions.
- Data Protection & Privacy (GDPR): Manage GDPR activities, including Subject Access Requests (SARs), Data Protection Impact Assessments (DPIAs), breach reporting, and privacy compliance. Support data governance and good information-handling practices across teams. Keep up to date with changes in data protection legislation and news and guidance from the ICO.
- Financial Promotions: Review and approve financial promotions to ensure they are clear, fair, not misleading, and compliant. Keep up to date with financial promotions requirements within SYSC and apply changes to relevant processes and controls.
- Training & Communications: Deliver training on regulatory requirements, internal controls, and expected conduct. Advise teams on operational impact of legislative and policy changes, translating requirements into practical guidance and sharing lessons learned. Support the administration of the Learning Management system and annual learning plan deliverables.
- Culture and Regulatory: Ensure the principles of consumer duty are given due consideration in all commercial and operational decisions and that practices adopted ensure good outcomes for customers.
Experience Required:
- Proven experience in insurance sector.
- Strong understanding of FCA regulations.
- Ability to describe Consumer Duty requirements and good outcomes.
- Experience in conducting quality assessments of insurance and/or claims processes.
- Demonstrated ability to build and maintain effective relationships with external partners.
- Excellent analytical skills with the ability to interpret complex data sets.
- Strong communication skills, both written and verbal, with the ability to provide clear feedback and reports.
If the above vacancy looks to be of interest and you fit the following criteria, please apply online for consideration. Please note that sponsorship cannot be offered for this vacancy, and candidates must have proven working experience within a similar role, within the Insurance sector.
Compliance Officer in Chester employer: Pave Talent Partners Limited
As a Compliance Officer at our company, you will thrive in a dynamic environment that prioritises regulatory excellence and customer-centric practices. We foster a collaborative work culture that encourages continuous learning and professional growth, offering comprehensive training programmes and opportunities to engage with industry experts. Located in a vibrant area, our organisation not only values compliance but also champions employee well-being and development, making it an exceptional place to build a meaningful career.
Contact Detail:
Pave Talent Partners Limited Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer in Chester
✨Tip Number 1
Network like a pro! Reach out to people in the insurance sector, especially those who work in compliance. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on FCA regulations and Consumer Duty requirements. We recommend practising common interview questions related to compliance and risk management to show you’re the right fit.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've interpreted complex data sets in past roles. This will demonstrate your ability to handle the responsibilities of a Compliance Officer.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Compliance Officer in Chester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Officer role. Highlight your experience in the insurance sector and any relevant regulatory knowledge. We want to see how your skills match what we're looking for!
Showcase Your Skills:In your cover letter, don’t just list your qualifications. Instead, showcase your analytical skills and ability to interpret complex data sets. We love seeing real examples of how you've made a difference in previous roles.
Be Clear and Concise:When writing your application, keep it clear and concise. Use straightforward language and avoid jargon. We appreciate clarity, especially when it comes to compliance matters!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Pave Talent Partners Limited
✨Know Your Regulations
Make sure you brush up on the latest FCA regulations and compliance requirements relevant to the insurance sector. Being able to discuss these confidently will show that you're not just familiar with the rules, but that you can apply them practically in your role.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've interpreted complex data sets or conducted quality assessments. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it clear how your analytical skills have led to positive outcomes.
✨Demonstrate Relationship Building
Think of instances where you've built effective relationships with external partners or stakeholders. Be ready to share how you navigated challenges and maintained strong communication, as this is crucial for a Compliance Officer role.
✨Emphasise Customer Focus
Since the role involves ensuring good customer outcomes, prepare to discuss how you've previously considered consumer duty in your decisions. Highlight any training or guidance you've provided to teams that improved customer experiences, showing your commitment to regulatory awareness.
