Senior Compliance Monitoring Manager

The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business.

We have built our name on a 40-year track record of outperformance, and we continue to beat the market in our underwriting and returns.

More information on The Fidelis Partnership can be found at www. fidelispartnership. com

The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

Role Overview

An exciting opportunity has arisen for a Senior Compliance Monitoring Manager to join The Fidelis Partnership at an exciting stage of its growth.

The successful candidate will take ownership of compliance monitoring activity across the business, leading a variety of reviews and working closely with key stakeholders to identify compliance risks, gaps and opportunities for improvement.

This is a hands-on role, with responsibility for both the delivery of monitoring reviews and the continued development of the compliance monitoring framework.

• Role Responsibilities
• Compliance Monitoring
• Lead and manage compliance monitoring activity across the business.
• Develop and maintain the compliance monitoring plan and schedule.
• Conduct thematic reviews to identify and assess compliance risks across different business areas.
• Perform fact-finding, testing and desk-based monitoring to assess adherence to regulatory requirements and internal policies.
• Identify gaps and challenge existing processes, controls and approaches.
• Track and monitor corrective actions through to timely completion.
• Stay up to date with regulatory developments and industry best practice to support the continued enhancement of the monitoring framework.
• Stakeholder Management
• Work closely with stakeholders across Underwriting, Claims, Finance, Pricing and other areas of the business.
• Build effective relationships across different functions and adapt communication style depending on the audience.
• Present monitoring findings, recommendations and areas for improvement to senior stakeholders.
• Provide guidance and support to the business on compliance monitoring requirements.
• Reporting and Governance
• Take ownership of compliance monitoring reports and provide clear, insightful reporting to senior management.
• Prepare and present monitoring updates and findings to the Management Committee and Boards.
• Ensure recommendations and agreed actions are appropriately documented, tracked and followed through to completion.
• Identify trends and recurring issues across monitoring activity and use these to inform improvements to the compliance framework.

Skills & Experience

• Insurance experience is essential, ideally within the London Market.
• Compliance, internal audit or risk background with strong monitoring, testing or assurance experience.
• Experience within an insurer, broker, MGA or other insurance intermediary.
• Strong understanding of FCA requirements and regulatory expectations.
• Experience leading monitoring reviews from planning and testing through to findings and actions.
• Comfortable with hands-on testing and fieldwork, with the confidence to challenge and influence stakeholders.
• Strong analytical, communication and stakeholder management skills.
• Commercially aware, autonomous and able to manage multiple priorities in a fast-paced environment.
• The Fidelis Partnership Ethos

Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.

• Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
• Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
• Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution
• Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
• Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.
• Diversity, Equality & Inclusion

Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed.

We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership successes.

This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across The Fidelis Partnership.

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