Compliance Manager, UK

Role purpose .

Part of the UK Compliance Team with responsibility for the performance of the Compliance function in the UK.

The role holder will manage and coordinate compliance activity acting as compliance business partner to assigned business units and/or functions.

Areas of responsibility will include: proactive and reactive advice breach and incident management regulatory change regulatory liaison the Business Compliance Framework and training.

Specific areas of responsibility will include the ongoing management and support for Chubbs:

• Appointed Representatives; and
• Consumer products including Mobile Phone Insurance Gadget Insurance and Travel Insurance.

Key Responsibilities .

• Business Partnering
  Proactively engage with key stakeholders within your areas of the Chubb UK business to:
  oMaintain a culture of compliance throughout Chubbs UK operations
  oEnsure the organisation adheres to regulatory requirements and Chubb policies
  oEnsure compliance and regulatory matters are raised and resolved.
  
• Advice
  Provide advice in response to queries regarding legal and regulatory obligations internal policies and protocols and new products and distribution arrangements in your areas of the Chubb business.
  Ensure that records of compliance advice are retained and regularly reviewed to deliver a proactive response to key compliance themes and issues including those identified by Compliance Monitoring through the Business Compliance Framework and analysis of advice queries and breaches and incidents received.
  
• Breach and Incident Management
  Support the timely identification reporting management and resolution of breaches and incidents for your business area.
  
• Regulatory Relationship Management
  Work collaboratively with the Regulatory Services Team to support the maintenance of Chubbs positive and open regulatory relationship with the PRA FCA and Lloyds.
  Support the submission of UK regulatory requests reports and preparation and attendance at meetings with regulators including thematic or routine reviews.
  
• Regulatory Change
  Maintain an excellent technical knowledge of UK regulations keeping up to speed with new developments and the latest regulatory position. Share this knowledge across the team. Provide guidance to the business in understanding evolving regulations to ensure that they adapt and comply.
  Support your areas within the Chubb business to implement regulatory change.
  Maintain horizon scanning records.
  
• Compliance Plans
  Support production and delivery of a UK specific Compliance Plan.
  
• Projects and Programmes
  Support compliance and business projects and programmes.
  Work collaboratively with the other areas of the Legal and Compliance Team and business on compliance or business projects and programmes.
  
• Governance and Reporting
  Act as a Compliance representative on committees councils and other meetings within Chubb.
  
• Business Compliance Framework
  Support the ongoing maintenance of the Business Compliance Framework in the UK. Work with your areas of the Chubb business to ensure that Business Compliance Profiles and Compliance Risk Registers are documented and maintained.
  Support the Regional Monitoring Team to carry out Compliance monitoring activity in accordance with agreed schedules and methodologies.
  
• Training and Communication
  Support the compliance training and awareness plan including developing and delivering briefings or training in the UK as necessary.
  
• Additional Support
  Provide support to and carry out work as directed by the Head of Compliance UK. Deputise as required.
  

Qualifications :

Experience of insurance industry and UK regulatory regimes is very important.

Industry qualifications are helpful though not essential.

Languages :

English fluent

Experience :

The candidate should have a strong knowledge of the insurance industry.

They must also have an excellent understanding of the UK regulatory environment in particular in relation to the requirements for:
Appointed Representatives; and
Consumer products including Mobile Phone Insurance Gadget Insurance and Travel Insurance.

The candidate should have the ability to work within a team and be able to proactively manage their own workload. They should be adept at managing competing priorities with excellent time management and organisation skills. The candidate should also have strong inter-personnel skills and be skilled at communicating compliance and regulatory issues to key stakeholders both verbally and in writing.