Location
Andover
All Departments
Risk and Assurance
Advertising Salary:
£70,000 - £80,000 plus excellent benefits
Careers Site Advertising End Date
28 Feb 2025

About The Role

We’re not just your average health company; we’re aiming to revolutionise access to healthcare in the UK by offering innovative health and wellbeing solutions that are affordable, accessible, and effective. From preventive care to comprehensive medical support, we aim to empower individuals to take charge of their health, inspiring them to make the most of their wellbeing. Added to that we’re the first health insurer in the UK to be awarded B-Corp status in recognition of our significant achievements in sustainability, in addition to our ambitious environmental and social responsibility goals.
 

As Compliance Policy Manager you’ll lead on advising, technically inputting, developing, implementing, and maintaining compliance frameworks, policies and procedures that align with the Financial Conduct Authority and Prudential Regulation Authority regulations across the Group. You’ll be responsible for assessing regulatory requirements, advising on steps to be taken to ensure compliance with emerging and existing regulation and managing risk associated with non-compliance.

Reporting to our Deputy Chief Risk Officer, a key focus of your role will include policy development in line with legislation and best practice, monitoring and reporting, providing training and guidance to key stakeholders across the Group and identifying and evaluating compliance risks. On top of that you’ll led a small team across Compliance Monitoring.

Key responsibilities

  • Support the Risk and Assurance function and the business in providing technical expert knowledge on technical and emerging compliance policy matters
  • Subject matter expert ensuring that regulatory policy advice and support has been provided across the Group and that the resulting outcomes are within Group risk appetite whilst giving commercial advantage.
  • Support oversight of the Group’s compliance with Prudential regulatory requirements, including the ORSA and Solvency II.
  • Own, and be the lead contact for, day-to-day and technical contact with the PRA and FCA (delegating communications where required and appropriate)
  • Support the relationship with the PRA and FCA in terms of horizon scanning, compliance assessment, Group regulatory permissions, day–to day management of SMCR, waivers and regulatory reporting as directed.
  • Lead on the creation and updating of compliance policy to reflect regulatory changes and best practice
  • Monitor and report adherence with compliance policy, escalating where necessary
  • Provide advice to other senior leaders in the Risk and Assurance function including the Senior Compliance Manager, Compliance Consultants, the Deputy Risk and Compliance Officer and the Chief Risk Officer on matters of technical regulatory policy interpretation, non-compliance, regulatory reporting and notification, etc as directed.
 
 

About You

To be considered you must have:

  • Subject expertise and practical application of Regulatory Risk and Compliance advice at Group level gained in a senior role in the insurance sector 
  • Familiarity with compliance frameworks and practices
  • Extensive understanding of FCA and PRA regulations and guideline.
  • Proven experience in developing, implementing and reviewing compliance policies and procedures
  • Knowledge of industry best practice with solid relationships with external bodies and network forums
  • Demonstrable experience of collaborating with various stakeholders, including senior leaders, legal teams and operational teams to ensure compliance policy is understood and followed

Our dream candidate may also have:

  • Proven expertise in both Conduct and Prudential regulatory risk

What’s in it for you

As well as a competitive salary, our benefits package includes:

  • Group bonus scheme
  • Generous pension with a 6% pension gift from us
  • 28 days holiday (plus bank holidays) - with the option to buy and sell a further 5 days
  • Flexible benefits pot (which you can choose to use against some great benefits such as critical illness, private medical insurance, shopping vouchers and more)
  • Your own health plan
  • Access to a wellbeing hub
  • Shopping discounts
  • Recognition awards
  • Give as you earn
  • 3 volunteering days

We have a head office in Hampshire, but depending on your role, you’ll be able to enjoy our ‘smart working’ approach This means you can flex when and where you spend your time. For many of us this means day to day work can be handled remotely, but there will also be times when we need to come together in the office to collaborate, attend training sessions, induction, briefings and more.

 

Your Recruitment Journey

We’re focused on providing an application, assessment and onboarding journey that is fair, consistent, diverse and inclusive for all, allowing us to hire top talent based on the skills and behaviours pivotal to your and our success.

Your process

  • Screening call with Talent Acquisition Team
  • Virtual Interview with the hiring manager and team
  • Aptitude assessment
  • Presentation/case study with the hiring manager and team
  • Offer

Should you require any additional support with your application, or need us to make any adjustments for you, please contact our Talent Team: [email protected].

Please note: Working for a purpose driven company like ours is a fantastic opportunity so we often receive high volumes of applications for our roles. In these cases, we may close our job adverts early and aren’t able to consider applications after this time.

 

 



 


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