Compliance Officer- Trainee

Reed Insurance are pleased to be representing a highly reputable Insurance Broker who specialise in personal insurance, who seek a Compliance Officer to assist the Compliance Director. Based in Yelverton and have parking available plus in return can offer a fantastic remuneration package plus genuine career progression prospects.

Responsibilities:

• Research and analysis of regulations, recent case law, industry news and other relevant sources to ensure Company compliance with regulations and legislation, determining potential impact on business operations
• Assessing the Company's compliance as regards underwriting, systems, documentation and procedures and developing strategies to reduce potential negative exposures
• Analysis of the Company's regulatory compliance and the development of control recommendations
• Consulting with relevant professional parties to keep abreast of industry, legislative and regulatory changes and trends
• Answering compliance questions and providing recommendations of means to improve compliance
• Monitoring and reviewing regulatory and legislative changes, assisting in preparing the company's response to regulatory changes and following up with appropriate departmental line managers to ensure required changes are implemented
• Involvement in the complaints process including research into complaints, assistance on responses and monitoring trends

Skills Required:

• Ideally from an Insurance background with relevant understanding and working knowledge of FCA rules & regulations.
• Understand FCA's treating customers fairly principles
• Excellent customer service & IT skills and telephone manner.
• Effective communication skills, both verbal and written.
• Ability to gather and analyse information for the client and resolve problems.
• Ability to persuade and influence others

In return the role offers:

• A highly competitive Remuneration package dependant on experience
• Hybrid working policy in place which will become available to new starters after training period.
• Excellent training & development package
• 25 days annual leave plus bank holidays, which increases to 30 days after 5 years' service
• Good career prospects
• An invitation to join their generous Pension Scheme and Private Medical Insurance Scheme and Cash Plan (subject to a 3 month probation period)

If keen to discuss further or apply , please send your cv to or call