Compliance Business Partner

An exciting opportunity has risen to join our Compliance Team here at Covéa Insurance as a Compliance Business Partner.

Covéa Insurance offer a wide range of home, motor and commercial insurance backed by our award-winning customer service. Our purpose is to “help protect people against the worst happening and put it right if it does". It’s the reason we are here, and it’s the task we all focus on every day.

The Compliance Team plays a pivotal role in ensuring that the organization operates within the legal, regulatory, and ethical boundaries relevant to its industry.

The role is a hybrid role, therefore will involve a mix of working from home and from our Halifax office.

What will I be doing?

• Ensure that all new and amended FCA requirements are identified, interpreted, assessed for
  impact and communicated accordingly.
• To conduct and support 2nd line monitoring which supports your business area understand any risks or gaps that need to be addressed.
• Undertake and/or co-ordinate assurance activity to assess whether procedures are compliant with the regulatory requirements
• To co-ordinate and oversee Corporate regulatory initiatives that span multiple business areas. 
• To provide Compliance advice and guidance to areas of business on new products, new business opportunities, and changes to existing business relationships and changes to existing products 
• To co-ordinate responses to FCA consultations, thematic work and routine enquiries
• To conduct and support 2nd line monitoring which supports your business area understand any risks or gaps that need to be addressed.
• Horizon scan and provide relevant summaries and support to ensure your business area is fully equipped to meet any regulatory requirements
• To engage with all lines of business, including attendance at committees, to assist them in delivering regulatory compliance and fair customer outcomes

You should apply if you have…

• Extensive experience and understanding of the General Insurance industry.
• Detailed knowledge of FCA regulation 
• Excellent planning and organisational skills and the ability to work to deadlines 
• Significant Compliance experience
• A very strong track record of delivery of compliance initiatives within Insurance.
• The ability to develop and maintain good working relationships with management teams across the business. 
• Compliance qualification or equivalent level of experience. 

We understand that some candidates may be hesitant to apply for a position if they do not meet all the criteria listed in the job description. At Covéa, we are dedicated to creating a diverse and inclusive work environment. Therefore, if you are interested in applying for this role but do not fully meet all the requirements, we still encourage you to submit your application.

What’s on offer?

• 36.25 working hours per week, along with a range of flexible working options.
• Annual pay review and performance related bonus of 12.5% 
• 27 days holiday + bank holidays, with the option to buy/sell holidays
• Generous pension scheme with a 7.5% minimum employer pension contribution, matched up to a to maximum of 9% dependant on your contribution.
• A range of health benefits such as company funded Private Medical Insurance, an annual health assessment and access to a 24/7 Virtual GP
• Tusker Car Scheme - salary sacrifice scheme which lets you drive away a brand new, fully maintained and insured car for up to four years.
• A wealth  of support for your mental, financial & physical wellbeing through our Wellbeing group
• Continued professional development through internal training programmes, professional qualifications and apprenticeships
• Additional benefits such as discounted gym memberships, cycle to work schemes and discounts at lots of retailers through Perkpal

Our Mission…

Our mission is to welcome everyone and create engaged, inclusive teams. Being an inclusive workplace means taking action to make sure everyone has equal opportunity to succeed, irrespective of their differences. We celebrate our differences and encourage everyone to join us and be themselves at work.

As a Disability Confident Employer, we want to ensure that our recruitment process is fair for all.  If you require any reasonable adjustments or wish to discuss in more detail, then please get in contact with us or mention it during the online application process.

Salary:

Up to £67,000 (Dependent on Experience)

Working hours:

36.25