Compliance Consultant - General Insurance

Birmingham, England, United Kingdom

11/7/2024

Job Advert

Compliance Consultant

The Role

To join the Cobra Network compliance team as a consultant for independent insurance brokers who are Cobra Network members and to support the existing compliance consultancy team in delivering support to the Network and wider group.

Responsibilities

• Provide email, telephone and face to face guidance to members on FCA regulation.
• Provide consultancy services including but not limited to: -
• Health checks
• Reg Data returns
• Connect applications
• FCA Surveys and other regulatory submissions
• File reviews
• Management reports
• Change in control
• Business planning
• Appointed Representatives oversight and monitoring
• Client money
• Product Governance and Fair Value
• Consumer Duty
• Horizon scanning
• Keep members updated on regulatory changes through the creation of:
• Tool Kits
• Compliance On Track (Monitoring Plan)
• News letters
• Guidance Documents
• Create and provide training.
• Monthly, quarterly and annual reporting.
• Promote the Cobra Network Compliance Offering through various mediums
• Keep up to date the RAG Status of all Cobra Network Members.
• Respond to compliance queries in a timely manner
• Record and log all compliance activity
• Attend relevant events representing Cobra Network compliance.
• Produce and update compliance templates
• Support the compliance team with first line of defence activities including; risk registers, file reviews, internal audits, business continuity planning.
  

Key Skills And Requirements

• Working knowledge of broking systems e.g. Acturis (Desirable)
• Use of Microsoft Office
• Analysing data
• Accurate data entry
• Experience of insurance broking
• Understanding of FCA regulatory requirements
• Driving licence
• Ability to work from various locations
  
  

Further information

As well as a competitive salary we offer the following benefits -

• Competitive holiday allowance with the annual option to buy additional days
• Death in Service benefit of x4 salary
• Company pension scheme
• Enhanced maternity and paternity leave packages
• A flexible benefits package which allows you to add additional benefits to your overall package
• Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
• Referral schemes
• Discounted rates on PIB products
• We offer a first-class employee benefits and welfare package to support our employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking and much more
• If supporting the local community, engaging with charities and having the opportunity to ‘give something back’ interests you, you have the opportunity to take an extra day to support this with a Volunteering day.
• We also offer a wide range of discounts including a kids pass – giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects with lots of other options to choose
• PIB has a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development
• Being a part of our PIB Community Trust, we support fundraising where you can apply for grants from PIB Group towards your chosen charity
• PIB Group are committed to improving their environmental impact in a responsible way. From the individual actions that our colleagues take every day through to installing the right facilities across our premises, there are many measures in place to help reduce PIB’s carbon footprint.
  
  

We are proud of our success and growth and have been recognised for many industry awards across our business. If you wish to work for a company that truly puts people at the heart of their organisation, then we would love to hear from you. PIB operates a flexible working policy, and our management teams will talk to you about how that would meet both your flexible working needs and those of the business and role you are applying for. We would love to hear from you if you want to hear more about opportunities in PIB.

We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.

Department

COBRA Network Limited

Contract type

Permanent

Hours

35

Salary

Competitive