Job Description Job Purpose: To adopt a commercial, pragmatic approach, aligned to and working alongside Ascot’s Business stakeholders, providing support and advice where required on a range of conduct risk, consumer duty and complaints issues. To have overall responsibility of the oversight, maintenance and development of Ascot’s conduct risk, consumer duty and complaints framework, including all related management, reporting, and regulatory requirements. Managing the Conduct & Complaints Team, ensuring regulatory and reporting requirements, both internal and external, are met and the annual Conduct & Complaints Monitoring Plan is executed. Detailed Duties General responsibilities Responsibility for managing, supervising and overseeing the Conduct & Complaints Team. This includes: Ensuring work is completed in timely manner and to a high quality; Holding regular team meetings; Providing ongoing feedback and development to the Team; Appropriately delegating and distributing work; and Completing annual appraisals and assessments. Overseeing Ascot’s Conduct, Consumer Duty and Complaints Frameworks. This includes: Reviewing and updating all related policies and procedures; Drafting new policies/procedures where required; and Ensuring adherence to regulatory requirements, including Lloyd’s of London and the FCA. Providing regular reporting on conduct risk, consumer duty and complaints issues. This includes responsibility for FCA and Lloyd’s of London returns and submissions, including RMAR, Eligible Complainants and other reports. Assisting and developing a positive conduct, consumer duty and complaints culture within Ascot. This includes advising, training, supporting and working with the Delegated Authority Management Team, Claims, Underwriters and other stakeholders to ensure: All related deadlines are met; Appropriate training and education are completed; Notifications made to Lloyd’s of London and FCA where appropriate; Any matters escalated where required; Commercial and pragmatic resolutions are reached; and Ascot’s consumers, customers and clients are kept at the heart of our business. Consumer Duty Having regular meetings with Ascot’s Consumer Duty Champion. Providing the necessary updates, information and feedback to the Champion as required. Drafting and compiling the annual Consumer Duty attestation and obtaining Board approval. Ensuring Ascot is fulfilling its Consumer Duty obligations, meeting the Outcomes and that this is being evidenced and reported. Attending monthly and/or quarterly Product Review Panel and Product Oversight Group meetings. Where required, attending relevant external groups, such as Lloyd’s of London, the LMA or others. Conduct Risk Maintaining and developing the Conduct Risk Dashboard. Producing monthly and/or quarterly Conduct & Complaints MI pack for management review. Working closely with key internal stakeholders including the MI Development Team, Data Teams, Delegated Authority Management Team and others to obtain and present data. Oversight and responsibility for Ascot’s conduct processes including Conduct Pre-Bind Questionnaires, Fair Value Assessments and general contract reviews. Monitoring the Conduct Queries inbox and ensuring agreed response times and deadlines are met. Joining the Delegated Authority Management Team to attend regular meetings with the Lloyd’s of London Market Oversight & Delivery Team. Answering queries and responding to information requests as required. Working with and assisting Ascot stakeholders to ensure the Business continues to meet all Lloyd’s Oversight Principles. Complaints Maintaining oversight of the Complaints process at Ascot. This includes acting as the single point of contact for all complaints, making sure all communications sent in are in accordance with relevant deadlines and contain all appropriate wording. Meeting, working with and providing feedback to Ascot’s Delegated Complaints Administrators. Compiling MI, data and performing root cause complaint analysis where required. Working closely with the Complaints Handling Associate, Claims, Underwriters and other key stakeholders, to ensure there is appropriate education and responsiveness to complaints issues. Monitoring Ascot’s Complaints inbox and responding to queries in a timely manner. Additional Duties/Other Ad-hoc workstreams or projects as determined by the Head of Compliance. Assist with various Ascot internal project group(s), especially those with a conduct, delegated authority or an underwriting element, to help progress the project(s) and ensure key regulatory issues are considered and actioned. Circulate relevant FCA / Lloyd’s / LMA conduct, consumer duty and complaints bulletins and information to stakeholders. Working closely with internal stakeholders including: Ascot’s Underwriting Teams; Delegated Authority Management Team; Claims Teams; Compliance Function; Data Management Teams; Senior Management, Executive and Non-Executives; and Other parts of the Ascot Business as and when required.