Our client, an International Insurance Company is looking to recruit a Compliance Monitoring Manager to join their team.
Main responsibilities :
- Develop and maintain an effective compliance monitoring framework aligned with regulatory obligations and business objectives.
- Prepare and manage the annual compliance monitoring plan, including obtaining the necessary approvals.
- Act as part of the second line of defence across the UK and European operations, providing compliance oversight and guidance to the Specialty and Warranty & Consumer business areas.
- Build strong relationships with stakeholders across the UK and Europe to enhance awareness and understanding of regulatory and compliance obligations.
- Monitor adherence to internal policies, procedures, and regulatory requirements, ensuring that any non-compliance issues are identified and addressed promptly.
- Conduct risk-based compliance reviews, focusing on areas of heightened regulatory exposure through structured assessments and analysis.
- Lead thematic reviews covering key regulatory topics across the Specialty and Warranty & Consumer divisions.
- Maintain accurate and comprehensive records to evidence compliance monitoring activities and fulfil internal and regulatory requirements.
- Support the business in resolving findings arising from compliance reviews and oversee remediation activities through to completion.
- Assist senior compliance leadership in evaluating and strengthening the compliance control framework.
- Produce meaningful management information and reporting for stakeholders, governance forums, and committees as required.
Requirements
- Minimum of 5 years’ experience in a compliance monitoring role within the insurance industry.
- Excellent written, verbal, presentation, and stakeholder communication skills.
- Collaborative approach with the ability to work effectively across UK and European business functions, as well as the wider compliance team.
- Good understanding of the insurance market, including consumer products.
Education and experience
- Relevant professional qualification in compliance, insurance, or law.
- Degree educated or equivalent professional experience.
Kindly note that some vacancies are only considering Maltese or EU nationals in line with Jobsplus requirements. More information can be found here.
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Jobs in insurance entail the management and administration of insurance cover. Insurance Jobs in Malta within this sector include actuarial, captive, claims, insurance management and underwriting jobs.
