Group Conduct Officer / Business Partner Job in Gloucester

Group Conduct Officer / Business Partner Job in Gloucester. Apply for the latest Gloucester jobs in Accounting/Financial/Insurance.

Group Conduct Officer / Business Partner Job in Gloucester

Job Description
Group Conduct Officer/ Business Partner – London Market, MGU/MGA

The role sits within GRC (2LOD) in the Compliance team and reports to the Group Head of Compliance who reports to the Group CRO. This role partners two of our Divisions – MGU/MGA and London Markets. The former, is a wholesale division dealing with commercial covers across a number of trades/industries with a number of producing brokers and the latter, is a wholesale Lloyd’s and open market intermediary dealing with commercial covers via producing brokers

Effective regulatory business partnering, advice and oversight is key to strengthening 1LOD capability, making sure new acquisitions meet PIB’s requirements and delivering GRC’s oversight role and the company’s overarching governance. Working with the business, this role plays a key role in aiding the 1LOD’s understanding of regulation and its application to their operation, helping them develop client centric compliant solutions via a B2B distribution chain and delivering challenge to the business on matters which could potentially threaten positive client outcomes and/or expose PIB to a heightened level of risk. This is accomplished through regular and close contact with the business and 1LoD and by:

providing guidance and advice on existing and future regulation and PIB’s regulatory policies and frameworks;
delivering briefings and training on key regulatory topics and issues;
guidance and advice on improvement actions, potential breaches and root cause analysis;
reviewing compliance and business performance MI to aid challenge;
ensuring a regulatory perspective is brought to key business forums, initiatives and projects;
providing a key input to the firm’s assessment of regulatory risks as part of its ERM framework;
supporting business SMFs and Certified individuals as part of SMCR;
guidance and advice following reviews of the business from internal or external sources;
support and guide the businesses with integration related activities.

This role also plays an important role in the identification, escalation and management of regulatory issues and breaches.

Skills and Experience:

The ideal person for this role combines strong technical subject matter expertise, communication, analysis and stakeholder management skills and:

Has previous experience of undertaking a similar compliance business partnering role ideally in other wholesale and London market commercial insurance intermediaries. However, candidates from commercial Insurers may be considered. Likely to have 3-5 years compliance business partnering experience covering core areas such as PROD, T&C, ICOBS, Conduct Risk, COI, financial promotions, complaints, gifts and hospitality, SMCR, regulatory relationships, incentives etc.
Has knowledge of and is familiar with Insurer binder procedures, systems and controls; an awareness of Lloyd’s processes would be an advantage
Proven track record in working with the business to implement regulatory improvement and change;
Strong technical, practical and working knowledge of FCA GI regulation including the IDD, ideally with experience of sales to commercial customers via a B2B distribution proposition. Knowledge of other relevant regulation/legislation such as GDPR and financial sanctions are required, and a basic understanding of risk management principles would be beneficial;
Likely to be educated to degree level and ACII or compliance qualification would be an advantage; and,
Enjoys working in a dynamic and changing environment across a wide range of subject matter and business operations and working autonomously and as a member of the team.

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
Very generous 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
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

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.

Ref: (Apply online only)

Job Type: Permanent, Full Time
Location: Gloucester
Category: Accounting/Financial/Insurance
City: Gloucester
County: Gloucestershire
Country: United Kingdom
Salary:
Benefits: