Experienced Compliance Executive – Insurance

Sector: Insurance Reinsurance
Area: Compliance And Legal
Ref: 12851
Location: Ireland
Job Type: Permanent – Full Time
Salary: excellent
Contact: Ciarán O’Connell

The Role:

  • Manage and develop policies and procedures in relation to compliance culture across the businesses
  • Maintain a robust Compliance Programme in order to demonstrate continuous compliance with all regulatory and legislative obligations while supporting the Compliance Framework in its global entity
  • Support the maintenance of the compliance watch list in order to anticipate and manage new developments and ensure ongoing compliance with the requirements
  • Maintain the Company’s compliance reporting framework including Committee and Board reporting
  • Maintain up to date knowledge of key domestic regulation including Solvency II, Companies Acts, reinsurance regulations, relevant legislation and Group Guidelines
  • Develop a good understanding of national and international regulatory landscape and coordinate implementation of compliance requirements in its global entity. Support regulatory projects as required.
  • Maintain relevant compliance registers; propose enhancements where required.
  • Maintain Solvency II compliance reporting tool and prepare reports for Senior Management, the Audit Committee and the Board of Directors
  • Oversee the process mapping for each business area ensuring controls are in place for risks identified within
  • Assist the Head of Compliance with regulatory correspondence, regulatory visits, inspections and investigations
  • Maintain the Regulatory Correspondence log as required, and co-ordinate the provision of responses to correspondence in conjunction with the Head of Compliance and the Business.
  • Deliver compliance training to employees as required
  • Maintain a comprehensive breach framework, co-ordinate breach and incident reporting and provide reporting to the Operational Council

The Person:

  • 5+ years’ experience in a compliance role, ideally within the insurance or other financial services sector.
  • Third level qualification and ACOI Diploma in Compliance /working towards ACOI Diploma in Compliance
  • Have a good understanding of the compliance regulation in Ireland and other jurisdiction requirements an advantage
  • Highly organised and meticulous with excellent attention to detail with good presentation skills and excellent interpersonal skills
  • Ability to perform independent assessments in new situations and work to tight deadlines
  • Ability to communicate effectively and assertively, verbally and in writing, to clearly express logically reasoned ideas
  • Have ability to think clearly and assess matters quickly and to solve problems with the minimum fuss and time
  • Ability to make/take calculated decisions and to think forward and act accordingly Ability to influence Senior and Executive Management.

Reporting directly to the head of compliance this is an ideal opportunity for a Compliance Executive currently in a similar positon or looking to move from a legal position in to a more compliance based role with great international reach.

For a private and confidential conversation and for a full job description

please contact Ciaran on 01-8746770.
Or email coconnell@paragonexecutive.com