Insurance Compliance Advisory Manager

SAGA PLC, City of Westminster

Insurance Compliance Advisory Manager

£70000

SAGA PLC, City of Westminster

  • Full time
  • Temporary
  • Remote working

Posted today, 7 Nov | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 23b451c3ab494b439b120e8144d9d741

Full Job Description

The Saga Advisory team seeks to safeguard and empower the rest of the business to deliver its strategy and operate its functions compliantly and in a risk-focused way. This is achieved by building and nurturing stakeholder relationships and providing accurate, timely and robust regulatory advice and support. It is a busy and dynamic team that covers all aspects of conduct regulation for 3 regulated firms, a claims handling company, and 3 Appointed Representatives, so our day-to-day work is varied and interesting with no day being the same! Reporting to the Head of Conduct Risk, you will work as a senior Compliance Advisory Business Partner, working closely with business stakeholders on typically more complex or sensitive compliance work. You will also line manage a Conduct Risk Business Partner, providing ongoing coaching, support, and best practices to ensure high-class service delivery in the conduct risk space. At Saga, we work flexibly, which means our colleagues have autonomy over where they work- at home or in a hybrid setting. This role has a small hybrid element, which means that our team comes together when we need to collaborate.Role Responsibility Working as one of our Compliance Advisory Managers, you will be responsible for Insurance Compliance, including managing and prioritising team activities, performance metrics, and engagement initiatives to ensure peak productivity and morale. Other accountabilities will include:

  • Building and managing effective relationships with key business stakeholders, including senior executives and external partners.
  • Guiding the business in identifying and managing compliance risks, including implementation of appropriate controls.
  • The provision of business-focussed advice and recommendations on all relevant areas of regulation.
  • Fostering strong regulatory relationships including timely, accurate regulatory reporting.
  • Acting as a centre of excellence in all aspects of regulatory compliance, developing and providing training.
  • Maintaining an effective horizon scanning framework to keep the business fully informed on regulatory and legislative initiatives.
  • Providing regulatory insight into change work, led by the first line.
  • Serve as a mentor to colleagues within the team and wider risk function
  • Maintaining the highest level of integrity and confidentiality.
  • Deputise for the Head of Conduct Risk if and when required.

    You will be seen as an expert compliance and have already worked in the Insurance Industry for some time. Ideally you would hold a relevant professional qualification or CII certificate.
  • You can demonstrate the following skills and experiences;
  • A sound knowledge of FCA (and ideally Gibraltar) regulatory requirements and key conduct related priorities within insurance.
  • The ability to manage and develop high performing staff
  • Can independently manage a portfolio of work and balance the demands of maintaining high quality work and delivering to deadlines.
  • Demonstrate excellent verbal and written communication skills and able to take complex issues and communicate them in a simple easily understood way
  • Have a methodical, analytical, enquiring mind and tenacity, while maintaining objectivity
  • Quickly gets to grips with understanding unfamiliar businesses, process or products. Able to logically analyse and assess them.
  • Can challenge and raise your point of view across to senior individuals and can defend it constructively.
  • Always able to exercises strong judgement, identifying key issues and suggesting appropriate solutions for them.
  • Fully understands the concepts of risk, controls and materiality and can be proportionate when making decisions.

    Over the past 70 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high quality products and exceptional standards of service. These include cruises and holidays, insurance, personal finance and the Saga Magazine.
  • At Saga we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement. We value diversity not just because it is the right thing to do, but because diverse teams perform better. We're passionate about diversity, equity, and inclusion. Championing diversity is important to us, and diverse teams really are the best ones. We're dedicated to creating a culture where every colleague feels like they belong. So that at Saga, more than anywhere else, you can be your best, be yourself and make a difference. Fair consideration is given to all applicants, including those with disabilities and those over who are over the age of 50. As champions of age inclusivity and signatories of the Age-Friendly Employer Pledge, we are proud of our multigenerational teams. We are also an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required. For more information on our DEI policies please visit our Saga Careers page.

    Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues. We offer flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich. BENEFITS AVAILABLE TO ALL COLLEAGUES:
  • 25 days holiday + bank holidays
  • Option to purchase additional leave up to 5 extra days
  • Pension scheme matched up to 10%
  • Life assurance policy on joining us
  • Wellbeing programme
  • Colleague discounts including family discounts on cruises and holidays
  • Range of reductions and offers from leading retailers, travel groups and entertainment companies
  • Enhanced maternity and paternity leave
  • Grandparents leave
  • Company performance related annual bonus - Up to 5%
  • Income protection
  • Access to Saga Academy, our bespoke learning platform

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