Compliance Assistant – Work from home 1-2 days a week

Wirral, Merseyside 

Salary: £23,000 - £28,000

Full-Time

Insurance Broker is a leading insurance brokerage firm committed to providing exceptional insurance solutions.

As they continue to grow, they are seeking a diligent and detail oriented Compliance Assistant to join their team and help ensure our operations adhere to all regulatory requirements.

Role Overview:

As a Compliance Assistant, you will play a vital role in supporting the Directors in maintaining and enhancing our compliance framework. Your responsibilities will include monitoring compliance with industry regulations, assisting in the development and implementation of compliance policies and procedures, and ensuring that our business practices align with legal and regulatory standards. This is an excellent opportunity for someone with a keen interest in compliance and a desire to grow within the insurance industry.

The ideal candidate will possess a deep understanding of Financial Conduct Authority (FCA) regulations and a strong background in the insurance or financial services industry.

Key Responsibilities:

• Assist in the development, implementation, and monitoring of compliance policies and procedures to ensure adherence to regulatory requirements.
• Conduct regular audits and reviews of internal processes to identify potential compliance risks and recommend corrective actions.
• Develop and implement quality control processes to ensure high standards of service delivery.
• Maintain and update compliance records, including regulatory filings, licenses, and training documentation.
• Monitor changes in insurance regulations and industry standards, and communicate these changes to relevant stakeholders.
• Responding to regulatory inquiries, audits, and investigations.
• Provide training and guidance to staff on compliance-related matters to promote a culture of compliance within the organisation.
• Assist in the preparation of compliance reports for senior management and regulatory bodies.
• Ensure that all client documentation meets regulatory standards and is up-to-date.
• Stay informed of industry best practices and emerging compliance trends.

Skills & Experience required:

• Previous experience in a compliance role, preferably within the insurance or financial services industry, is an advantage.
• Strong understanding of regulatory requirements affecting insurance brokers, including FCA regulations.
• Excellent attention to detail and strong organisational skills.
• Ability to handle sensitive information with discretion and maintain confidentiality.
• Strong communication skills, both written and verbal, with the ability to interact effectively with colleagues at all levels.
• Proactive, with the ability to work independently and as part of a team.
• A compliance-related qualification or willingness to pursue one is desirable.

If you are passionate about compliance and eager to make a difference in the insurance industry, we would love to hear from you.

Please click to apply now and send your cv.