Compliance Officer

Michelle Denny Recruitment is looking for a Compliance Officer for Lexham Insurance in Diss, with a salary banding of a negotiable £37,000 - £40,000pa with working hours of 8.30am - 5pm, Monday to Friday, which can be on a hybrid basis.

So, are you a skilled Compliance Officer? Do you possess a deep understanding of regulatory frameworks and a passion for ensuring ethical and compliant practices? If so, we have an opportunity for you to join a dedicated compliance team where you can really make a difference.

Reporting to the Compliance Manager, you will play a critical role in maintaining and enhancing the organisation's compliance program, particularly concerning Data Protection. You will work collaboratively with all departments to identify, assess, and mitigate risks while ensuring adherence to industry standards and regulations.

We have a detailed job description available but, in the meantime, here are the Key Responsibilities:

Regulatory Compliance: Stay up to date with relevant financial services and insurance regulations, particularly in regarding to DP and assist implementations necessary to maintain compliance.

Data Protection: providing advice on privacy, data-sharing and data transfer issues; managing Access Requests; documents reviews, DP Impact Assessment management

Policy Development: Assistance with maintenance of compliance policies and procedures tailored to the unique requirements of both financial services and insurance operations.

Audit & Risk Assessment: Conduct comprehensive risk assessments to identify potential compliance vulnerabilities and recommend ways to mitigate them.

Training and Education: Train, coach and support employees on data protection compliance requirements.

Reporting: Prepare MI compliance reports, highlighting areas of concern and proposed solutions, providing real-time compliance advice.

Monitoring and Testing: Maintain robust monitoring and testing program to ensure ongoing compliance with regulations.

Audit Preparation: Assist with external and internal audits, ensuring a seamless process and positive outcomes.

What you’ll need:

• Experience in working in a compliance role
• Ideally a solid understanding of relevant financial/insurance relevant legislation including UK GDPR
• Comprehensive communication skills with the ability to simplify and effectively convey applicable legislation, regulations and policies to the wider workforce
• Experience in report writing, policy production and trend analysis, with highly analytical and problem-solving abilities
• Readiness to travel to other group offices on an occasional and adhoc basis

Why this job?

• £37,000 - £40,000 negotiable salary and benefits package
• Excellent transport links on the Norwich/London Liverpool Street line
• Opportunity for professional growth and development
• Collaborative and inclusive work environment
• A supportive team of experienced professionals

Join this team and you'll be helping maintain the business’ ethos that integrity and compliance are at the heart of everything they do, as well as taking the next step in your career. Please call Michelle Denny to discuss or simply apply online.