Extensive knowledge of FCA and regulatory regimes for general insurance., Experience in a compliance consultancy role within a general insurance intermediary., Comprehensive understanding of compliance best practices and control frameworks., Strong relationship building, communication, and time management skills..
Key responsibilities:
Conduct audits and visits to assess regulatory processes and systems of network members.
Identify and monitor significant risks and remedial actions for the Bravo Network companies.
Provide consultancy guidance on general insurance regulatory requirements to network members.
Report on regulatory activities and the effectiveness of key controls.
Report This Job
Help us maintain the quality of our job listings. If you find any issues with this job post, please let us know.
Select the reason you're reporting this job:
Ardonagh Advisory
1001 - 5000
Employees
About Ardonagh Advisory
A collection of SME broking and advisory businesses, driving growth through trusted relationships to meet client needs consisting of:Towergate Insurance Brokers The UK's leading independent insurance broker and risk management advisor with offices from Elgin to Redruth, specialising in bespoke policies for SME and commercial entities of all sizes from a wide range of sectors. Towergate Health and Protection A leading UK based private medical insurance broker offering independent advice on private medical insurance, business protection and group risk solutions, looking after the health and wellbeing needs of 11000 businesses and 50000 customers across the world.Towergate Riskline Provide simple and straightforward small business insurance schemes for over 500 trades, retail businesses and commercial operations and more via a panel of market leading insurers. Footman James The Dudley based brand have provided specialist classic vehicle insurance for owners, collectors and professionals in the UK for over 35 years and currently hold a customer base of over 85000 customers.Towergate Insurance Provide a wide range of personal, retail and lifestyle insurance products offering over 200 specialist policies designed for businesses, properties, passions, and most things in between.Broker Network Represent the largest Network for regional independent insurance brokers in the UK, supporting their growth and providing guidance at every step of the broking journey via a range of dedicated in-house services. Ethos Broking Give broking businesses an alternative, flexible solution to selling their business. Brokerages whose cultural fit aligns with the Ethos community benefit from a collective strength and empowerment to make their own purchases. Compass Offer regional brokers throughout the UK a placement-focused proposition, connections with insurers that drive powerful trading solutions and enabling Members to access markets they couldn’t reach alone.
We are seeking someone based in the South East of the UK. However, some nationwide travel will be required involving some overnight stays. Full UK driving license is therefore required.
Purpose of the Role
This exciting remote based opportunity has arisen to join our Broker Network Risk & Compliance (R&C) Team.
You will provide network members with compliance support through an annual programme of audit and health-check activities, the provision of guidance and support on key regulatory requirements.
What You Will Do
This is an overview and not an exhaustive list of responsibilities. Collaborating with your line manager, you will develop your own objectives but focus on all of the following:
Understand the Networks Proposition from strategy and objectives to operational infrastructure and performance.
Have a broad and/or specialist knowledge of the FCA requirements in relation to general insurance; understand the rationale behind standards set and be able to anticipate likely changes or demands which may affect brokers/intermediaries.
Conduct visits and audits of allocated members regulatory processes and systems and controls.
Identify issues that pose significant risk to the Bravo Network companies, identified through either member audits, member visits or otherwise. Monitor progress of remedial actions through to a satisfactory conclusion.
Provide consultancy guidance and support to members on the key general insurance regulatory requirements through visits and or requests for compliance support, helping to embed a compliant culture within Network members.
Report on Network member regulatory activity undertaken, including whether key controls are operating effectively and remedial actions.
Perform remote file auditing for participating members – a service focusing on assessing file handling in line with the ICOBS rules and guidance.
Qualifications And Experience
Extensive knowledge of the FCA and key regulatory regimes applicable to general insurance.
Experience of working in compliance consultancy role within a general insurance intermediary.
Comprehensive knowledge of best practice in compliance and control frameworks.
Demonstrable experience of delivering training.
This is an opportunity for an individual with high functional and technical knowledge and experience of the FCA regulatory environment together with strong relationship building, communication and time management skills. You will need to be an organised, focused proactive individual who is able to advise and train others on technical subjects.
Benefits
In return you will be welcomed and supported by our Ardonagh family and be joining an organisation that cares about you as a person and your wellbeing. Some of the other benefits are:
Holiday entitlement of 28 days plus bank holidays
Opportunity to progress your career across the entire Ardonagh family
Award-winning learning & development offering and support to obtain professional qualifications to enhance your knowledge and career prospects
Pension scheme for when you feel it’s time to retire
24-hour Employee Assistance support for you and your family’s physical and mental wellbeing
Corporate perks such as discounted gym memberships, cinema tickets, shopping, Eyecare vouchers, cycle to work and much more
One day paid volunteering to give back to our communities
Ardonagh Community Trust (ACT) - raising funds for charity with donation matching in your local community
The Spotlight Awards, where we celebrate the best of the Ardonagh Group and all the bright talent across our business.
We offer genuine potential for both personal and professional development, come and be part of our story and help us shape our future. So, what are you waiting for? Apply today and one of our team will be in touch.
#AIB
Everywhen is an equal opportunities employer, with a growing and thriving diversity, equity and inclusion strategy; we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.
If your application is successful, we will conduct relevant employment checks prior to you commencing employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check.
Please note: We may close a vacancy prior to the publish end date if the required quality or number of applications has been received. No Agencies please.
Required profile
Experience
Spoken language(s):
English
Check out the description to know which languages are mandatory.