As a business continuity expert, you will play a pivotal role in ensuring our operations are aligned with regulatory requirements.
About the Role
We are seeking an Insurance Compliance Manager to join our team and implement regulatory frameworks for insurance distribution. This is a challenging opportunity for someone who is passionate about compliance and has experience in risk management within a consultancy, compliance function, or regulator.
* Advising on compliance requirements for insurance products and related controls
* Supporting the insurance distribution business operating on a Financial Ombudsman Service (FOS) basis across the European Economic Area (EEA)
* Creating, assessing, and implementing policies from scratch
Key Responsibilities
* Reviewing insurance product initiatives and providing compliance feedback and approval
* Managing the training programme
* Assessing and approving marketing communications
* Analysing customer complaints to identify compliance risks
* Collaborating with the business to improve customer outcomes
* Conducting compliance monitoring activities
* Carrying out horizon scanning across our operating countries
* Reading regulations and translating them into applicable actions for the business model
* MAPPING REQUIREMENTS TO EXISTING CONTROLS AND REMEDIATING IDENTIFIED GAPS
Requirements
* Experience in compliance risk management within a consultancy, compliance function, or regulator
* Knowledge of regulatory gap analysis, policy creation, and implementation
* Expertise with insurance distribution and FOS business model
What We Offer
We offer a competitive compensation package, including a gross monthly salary of €4,600 - €5,500 in Lithuania, and a benefits package that includes excellent analytical, communication, and interpersonal skills.