Head of Insurance / Compliance

SF Recruitment are working with a business based in Dudley who is looking for a Head of Insurance / Compliance to join the team.
c£80,000 + Depending on experience (Happy to talk through salary individually)
Must have extensive experience within insurance

Duties Include:
· Analysing, identifying and classifying risks and exposures.
· Implementing and updating policy and procedure to measure and manage exposure risks and take mitigating actions
· Compiles loss trends.
· Responsible for the adherence to regulatory and ethical standards
· Providing compliance advice to business stakeholders and escalating material compliance issues
· Managing regulatory requirements stemming from the FCA regulations and requirements, overseeing the compliance monitoring plan, and providing advice and management of FCA compliance plans, among other duties
· Investigate and escalate significant compliance failures and manage regulatory reporting.
· Produce management reports for senior managers.
· Conduct and oversee regular audits
· Providing internal and external compliance training.
· Continuously evaluate and optimise the warranty claims process to improve efficiency and customer experience.
· Develop and implement new warranty management systems and tools.
· Streamline communication channels between customer service, Clients, and the warranty department.

Experience and Skills Required:
· A relevant professional qualification preferably CII certified or proven knowledge of insurance sufficient to be able to fulfil the above responsibilities
· Detailed knowledge of insurance industry best practice and compliance standards including Bordereaux
· Significant FCA knowledge and experience
· Minimum of 10 years compliance and insurance experience
· Previous experience in a compliance management role within the insurance industry
· Experience of working within underwriting, pricing or exposure management
· In depth knowledge of the insurance industry, including regulatory frameworks
· Highly organised and able to work independently
· Strong attention to detail
· Team player and ability to manage key relationships
· Good verbal and written communication skills