Deputy Compliance Officer

Job Description

Deputy Compliance Officer Role 

Job Summary

To ensure that the Company conducts its business in full compliance to all national, international (where appropriate) regulations relating to the nature of the business.

To ensure that the Groups Risk exposures are identified and managed to ensure that risks are minimised.

Principal Accountabilities

To assist the Compliance and Risk Officer in:

o carrying out statutory requirements and governance across the business;

o working experience of the insurance sanctions process;

o drafting and recommending policies in line with new regulations proposed;

o maintaining the TOBA issuance and management process;

o implementing GDPR, Brexit, policies and procedures

o implementing compliance best practice;

o developing Compliance MI such as complaints MI, sanctions MI etc;

o maintaining group wide registrations with the FCA/ICO;

o assisting in planning and implementing various compliance projects;

o development of compliance policy and procedures;

o preparing for Cover holder audits;

o rolling out and monitoring biennial compliance training to all staff;

o management of the Compliance Inbox including all queries;

o working closely with external compliance consultants on all complex compliance issues;

o preparing and reviewing of the compliance monitoring plan;

o preparing the quarterly compliance report to the Group Board and other regulated subsidiaries;

o designing, developing and implementing of a Group Risk framework, ensuring that appropriate stress testing is undertaken.

Required Qualifications, Skills, Knowledge, Experience


A bachelor's degree and about 5 years of experience in the insurance field.

CII qualifications (or working towards it) preferred but not essential

ICA qualified (or working towards it) preferred but not essential

Lloyd’s and London market experience preferred but not essential


Excel and Word (essential)

Excellent communication skills at all levels and confidence to be able to respond clearly to queries and questions

This role would suit someone who enjoys working in a fast pace, varied working environment and who is keen to develop new practices and processes.

Strong attention to detail

Good organisational skills and ability to remain calm under pressure.

Adaptable and able to manage multiple tasks within a high-pressured environment, including working to deadlines.

Enthusiastic and approachable

Able to work independently and be comfortable with engaging with the business.


Previous experience in a similar role, ideally in a large organisation with a breadth of experience in different areas

Relevant Financial Services experience

Compliance experience

Nova Search and Selection are acting as an employment agency for this role