Compliance Regulatory Policy & Training Manager

Hiscox Inc., City of Westminster

Compliance Regulatory Policy & Training Manager

Salary not available. View on company website.

Hiscox Inc., City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted today, 9 Jan | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: fd6cab11ff9a4d23b4cfc238509979fb

Full Job Description

As the Regulatory Policy & Training Manager you will drive own several key components of Hiscox's regulatory framework. You will be expected to combine your ability to understand the operational and commercial complexities of the business with the need to drive through regulatory change. Working with stakeholders at all levels of seniority, you will be providing regulatory advice and challenge, and ensuring change is driven through the business. This demanding and rewarding role requires a broad knowledge of insurance regulatory matters including but not limited to: Sanctions and Financial Crime, Conduct Risk, Insurance Distribution Rules, International Licensing, Lloyd's requirements as well as Systems of Governance and proven managerial skills. What you'll be doing:

  • Overseeing the group's regulatory change framework
  • + Conduct and challenge impact analyses for significant regulatory changes + Oversee and challenge business implementation projects + Provide advice on where we want to influence the debate and where we simply need to be aware + Identify commercially viable solutions to the application of new regulatory requirements + Prepare regular reporting for boards and committees + Influence business leaders to ensure changes are properly addressed
  • Interacting with trade associations and other external stakeholders to align Hiscox's position on important regulatory change issues
  • Represent Compliance's interests in group training:
  • + Designing and developing training content for the mandatory training programme and otherwise + Delivering training to business users as required
  • Managing and maintaining Compliance-owned group policies
  • Providing oversight and developing the business's understanding of regulatory risk
  • Providing regulatory SME support to projects and change initiatives
  • Preparing Executive and Board level presentations
  • To succeed in this role, you will have a strong technical knowledge of local and Group regulatory insurance regulatory topics, and an ease with their complexity, with proven people skills and will be comfortable working in a complex and dynamic environment. You will be dealing with lots of different people, systems, processes and information so you'll have to be versatile, flexible, highly organised, personable and engaging. Your goal will be to build relationships with senior stakeholders and it's essential you have the communication skills that enable you to articulate your position clearly and persuasively.

  • In depth knowledge of and experience in insurance is essential
  • Experience in driving through regulatory change
  • A broad knowledge of key insurance regulatory topics, and ease with complex and technical regulations
  • A great communicator who can work with people at all levels, with excellent written and verbal communication skills, particularly "soft" influencing, persuasion and consultancy skills and an ability to encourage business leaders to positively respond to questions, requests and challenges
  • Sound judgement and the ability to solve problems and identify commercially viable solutions
  • Proven skills in workload management, including multi-tasking, appropriate delegation of work, monitoring progress and re-allocating work where needed
  • Proven skills in developing the knowledge and skills of others, including the use of coaching and teaching styles of communication as appropriate
  • Significant emotional intelligence and self-awareness, with the ability to resolve issues within a team in a judicious and empathetic manner

    As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.
  • We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions. Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places. Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch. Diversity and Hybrid working At Hiscox we care about our people. We hire the best people for the job and we're committed to diversity and creating a truly inclusive culture, which we believe drives success. We have also learned over the past few years that working life doesn't always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance. This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.

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