Your New Company
Joining Allianz Partners means you will join a world leading B2B2C specialist forming part of the Allianz Group, one of the world’s largest insurance and financial services group. This is an exciting opportunity for a Compliance Manager (UK & Ireland) to join the UK & Ireland business unit at a time of significant growth. Following the appointment of a new executive level UK Compliance Officer (SMF 16), we are further investing in our compliance framework by creating this new role to support the continued sustainable growth that we have seen across all of our core business lines.
Our culture and values are very important to us and we are focused on creating the best conditions to deliver good outcomes for our customers and colleagues.
The structure of our organisation means you will have the opportunity to work in an international environment, partnering with local, regional and global colleagues in driving the UK compliance framework forward.
About The Role
As the Compliance Assurance Manager (UK & Ireland), you will be responsible for building a UK compliance assurance programme and then maintaining and progressively improving it over time. The programme will provide an independent second line view of the systems, processes and controls in place to achieve compliance with Allianz Partners UK and Ireland’s regulatory obligations and relevant policies and procedures, with a strong focus on customer outcomes.
The programme development aspect of the role in particular requires a strategic approach, strong stakeholder management skills and solid experience of applying different compliance assurance methodologies, ideally in a general insurance setting.
You will report to the Compliance Officer UK and be part of the regional and global compliance team which actively supports and oversees the UK and Ireland business in managing its regulatory risk profile.
Main Duties
- Developing and implementing a UK focused compliance assurance programme, methodology and toolset to meet regulatory and internal standards.
- Executing compliance assurance reviews to identify and address areas for improvement.
- Provide timely and considered assurance to the first line of defence on a range of general insurance topics, including, but not limited to: Product Governance; ICOBS; Conduct Risk; Consumer Duty;
- Developing assurance plans, preparing compliance reports, and communicating findings to senior management.
- Identifying and mitigating compliance risks in collaboration with senior stakeholders.
- Partner with other Compliance team members and first line colleagues to identify areas of high regulatory and conduct risk.
- Collaborating with legal, risk management, and internal audit teams for a unified compliance approach.
- Support the continued evolution of a proportionate control environment so that key regulatory risks are appropriately managed.
About You
- Specific experience of leading compliance assurance programmes, ideally in a general insurance context.
- 5+ years of experience within a Compliance function.
- A sound knowledge of FCA regulatory requirements and key conduct related priorities within insurance.
- Excellent verbal and written communication skills and able to take complex issues and communicate them in a simple, easily understood way.
- Can independently manage a portfolio of work and balance the demands of maintaining high quality work and delivering to deadlines.
- Quickly master unfamiliar businesses, process or products. Able to logically analyse and assess them.
- Empathy, including the ability to anticipate the impact of our activities for retail customers.
- Pro-active and not afraid to challenge the status quo.
- Professional approach and delivery of work product.
- Energy, enthusiasm, persistence and adaptability.
- Can challenge and raise your point of view across to senior individuals and can defend it constructively.
- Focus on timely delivery of quality outputs.
- Fully understands the concepts of risk, controls and materiality and can be proportionate when making decisions
59128 | Legal & Compliance | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.