Head of Compliance Monitoring

QBE Insurance

  • London
  • Permanent
  • Full-time
  • 22 days ago
Primary Details Time Type: Full timeWorker Type: EmployeeHead of Compliance MonitoringLondonThe OpportunityQBE Europe is currently recruiting for a Head of Compliance Monitoring to join a well-established and successful compliance team in our London office. In this role you will lead the respective part of the Compliance function to ensure the delivery of the department’s strategic objectives, provide guidance and develop Compliance Manager (as appropriate) and their team and deputize for the Compliance Director as appropriate.Your new roleAssist the Compliance Director in the formulation of key objectives and priorities for the Compliance department and prepare the annual compliance monitoring plan.Delivery of a plan for the monitoring and assessment of ongoing compliance with regulatory requirements across the business wherever there is EO regulatory exposure.Build and maintain strong and effective relationships with key internal and external stakeholders to ensure that monitoring plan delivery meets the business’ expectations.Undertake all aspects of Monitoring review work, ensuring the plan is delivered within agreed timescales.Take lead role in dealing with respective area of Compliance with relevant EO senior management and EMB members and group equivalents.Provide compliance management information with appropriate analytic analysis to evidence the monitoring approach to senior management including the preparation of Board and committee reports to ensure management are up to date and are aware of key issues.Recognize and assess potential risks to objectives and where appropriate take action to remove or reduce impact or probability of the risk occurring, and report as appropriate and undertake formal risk or control assessments (if relevant).Assist in the implementation of relevant Compliance Risk dashboards and other documentation to ensure SII compliance.Actively promote and embed a positive compliance culture throughout the business.Liaise with other assurance functions (e.g. UGD,IA) to ensure a coordinated approach and minimize duplication.Ensure regular communication with peers across QBE, as appropriate to ensure consistency, transfer of knowledge and promotion of best practice.Maintain detailed knowledge of UK regulatory requirements, Lloyd’s requirements and awareness of other relevant regulatory requirements.Co-ordinate responses to any internal audit reviews of the Compliance function to provide accurate audit information.Co-ordinate responses to any regulatory risk assessments, visits or information requests, and to provide accurate information.Participate on internal working groups and committees as appropriate to ensure regulatory requirements are appropriately considered.Develop and coach the team so as to ensure the required standards of performance and support the continuing personal and professional development of all team members increasing their capability and share knowledge and best practice.Assist the team members in developing their roles in line with succession plans and help facilitate for them to meet agreed objectives within QBE EOAppraise team performance, including performance of team members to assist them in developing their roles through the Me at QBE process.Ad hoc project work as required and delivered within time and quality expectations.About youExperience in a senior supervision or policy role within a regulatory authority.Management of projects and resources.Experience in a senior compliance role within an insurance company.Ability to communicate effectively at all levels.Represent QBE to external stakeholders.Strong written skills, including ability to assess business impacts.Project management skills.Ability to influence others to obtain information and manage action plans to conclusion in agreed timescales.Handle multiple and changing priorities.Why QBE? At My BestAt QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA - because we know it’s not just what we do that matters, it’s how we do it that makes the difference. In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation (https://qbeeurope.com/careers/flex-qbe/).#LI-HybridSome of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;5-star Diversity, Equity and inclusion (DEI) awards, 2023 Winner - Insurance Business CanadaEmployer of the Year 2022 Winner – Insurance InsiderBritish Claims Awards 2022 Winner - InsurTech AwardInsurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the YearWorking Families Best Practice Awards 2021 Finalist for: Best COVID-19 ResponseInsurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the YearWe are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparentInclusion of DiversityWe are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in.We know that diversity of thought, background and experience enables better decision making, improves the quality of our delivery and helps us to meet the needs of our customers.ESG & SustainabilityAt QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce and partnering for growth through innovative, sustainable and impactful solutions. For further information regarding QBE’s sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative ‘Premiums4Good’, please visit our Sustainability homepage and read our latest Sustainability Report ( ).About QBEWe can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner.And our people will be at the centre of our success. We’re proud to work together, and encourage each other enable resilience for our customers, our environment, our economies and our communities.With more than more than 11,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate and kind.We believe this is our moment – what if it was yours too?Your career at QBE — let’s make it happen!To find out more about why you should work for QBE, visit ourWhat next?If you have a passion to contribute to QBE’s vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the “apply” button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.Please make the Talent Acquisition aware should there be any reasonable adjustments that may need to be made for the interview and the remainder of the recruitment process.APPLY NOW and let’s make it happen!How to Apply:To submit your application, click "Apply" and follow the step by step process.Equal Employment Opportunity:QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

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