Product Compliance Officer - Kent - Insurance

West Malling, UK
12 Sep 2019
02 Oct 2019
Contract Type
Full Time
FourthLine are currently representing our Insurance client, based in Kent, as they look to hire a Product Compliance Officer. This role will work very closely with both Compliance and the Product Relationship Management teams. From a product perspective, you will take ownership for one key business area, ensuring that:
  • All regulatory and governance aspects of new products and any changes to existing products are managed effectively, including conducting product review meetings.
  • Develop all formal product governance processes and ensure suitability for the business line and product itself.
  • Produce and manage internal and broker training in relation to product governance processes.
  • Produce policy wordings, driving the review and sign off process
  • Oversight of initiatives and updates from the FCA for relevant products
  • Work in close collaboration with wider Product, Relationship Management, Internal Audit and Compliance teams

The right person for the role will have a mixture of the below experience:
  • Technical understanding of Insurance policies and products, probably with a claims, underwriting or compliance background
  • Experience of writing or reviewing insurance policies
  • Experience working on the full life cycle of new product launches, or the review of existing policies / products
  • Excellent understanding of the FCA regulatory regime, with experience interpreting how relevant changes or initiatives will impact the product area you are managing
  • Experience with protection products would be ideal, but not essential

You must also be excellent at managing relationships, work collaboratively with colleagues from different departments, excellent documentation and reporting skills.

This role is based in Central Kent, not far from Maidstone.

For a confidential conversation about your suitability for the role, please contact Jodie Sable.

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