Job Title: Head of Compliance
Location: Flexible / Hybrid Working Available
Salary: Competitive, based on experience
About Our Client:
Our client is an expanding Managing General Agent (MGA) with a strong track record of delivering innovative insurance solutions. As they continue to grow, they are seeking a talented and experienced individual to join their leadership team as Head of Compliance. This is a fantastic opportunity for someone from an insurance broking background to step into a senior role and contribute to the ongoing success and development of the business.
Role Overview:
The Head of Compliance will be responsible for overseeing the company's compliance function, ensuring adherence to all relevant regulatory and legal requirements. You will develop and implement the compliance framework, monitor risk management processes, and provide expert advice to senior management on regulatory matters. This is a high-profile role that will play a key part in maintaining the integrity and reputation of the business.
Key Responsibilities:
* Lead and manage the compliance function, ensuring the business complies with all relevant laws, regulations, and internal policies.
* Provide strategic advice to senior management on compliance issues, regulatory changes, and the implications for the business.
* Develop and implement compliance programs, policies, and procedures that minimize risk and promote a strong compliance culture.
* Stay up to date with regulatory changes in the insurance and financial sectors, ensuring the business remains compliant.
* Conduct audits, assessments, and staff training to ensure compliance policies are understood and followed across the business.
* Oversee the company's internal and external reporting obligations, working closely with regulators and auditors.
* Support the company’s growth and new business initiatives by offering compliance expertise for new products, partnerships, and markets.
* Maintain strong relationships with regulatory bodies, industry groups, and other key stakeholders.
Key Requirements:
* Significant experience in a compliance role within the insurance industry, preferably with a background in insurance broking.
* In-depth knowledge of UK insurance regulations, including FCA, PRA, and Lloyd’s requirements.
* Strong experience in risk management, governance, and regulatory reporting.
* Ability to communicate complex compliance issues effectively to senior management.
* Proven experience in developing and maintaining robust compliance frameworks.
* Strong analytical and problem-solving skills, with the ability to identify and mitigate compliance risks.
* A proactive, solutions-focused approach to compliance management.
* ACII, LLB, or equivalent professional qualification (desirable).
Why Join Our Client?
* Be part of an exciting, fast-growing MGA with significant career development opportunities.
* Competitive salary and benefits package.
* Flexible working arrangements, with hybrid working options available.
* A supportive and collaborative team environment.
Bruin recognises the positive value of diversity, and aims to promote equality and challenge unfair discrimination. As a champion of equal opportunity employment we welcome applications from all suitably qualified persons – men and women, people of all ages, sexual orientations, nationalities, religions and beliefs. We particularly encourage applications from women, disabled, and Black, Asian and minority ethnic candidates as these groups are underrepresented throughout the financial services industry. Our clients work with us because they value a diverse workforce, and subscribe to our shared principle that all appointments are made on merit and that ability to perform the job will be the primary consideration.