Location: London (flexible) Hybrid
Salary: Dep on exp + benefits
Role Description
The purpose of this role is to support the Head of Conduct Compliance to deliver pro-active and pragmatic second line Compliance support to the regulated companies within the Allianz UK group of companies. The role will lead technical advice and policy interpretation, including horizon scanning and interpretation of new regulation.
Key Responsibilities
- Supports the Head of Conduct Compliance in the delivery of timely and pragmatic support for regulatory engagement and interpretation of regulatory requirements.
- Supports the Conduct & Regulatory Affairs Director and Head of Conduct Compliance in the management of the FCA relationship including attending meetings with FCA, taking minutes and following up actions.
- Provides comprehensive tracking of all regulatory actions arising from regulatory engagement.
- Undertakes horizon scanning of UK regulatory publications, providing timely and relevant analysis.
- Creates Regulatory Affairs reporting for submission to the relevant AzH Committees.
- Supports the Head of Conduct Compliance in the second line compliance technical interpretation of regulatory change and technical review of regulatory market studies.
- Works with Business Partnering team to provide technical advice to the business on key matters arising, including business and regulatory driven change.
- Provides technical assessment of business incidents and breaches, with technical input working with the Business Partnering team. Supports the engagement with the Regulator on notifiable breaches.
Essential Skills and Experience
- Excellent understanding of regulation and conduct culture, current market practice and issues.
- Excellent influencing, planning and organisational skills.
- Ability to work proactively and under pressure.
- Excellent communication ability – written and oral.
Desirable Skills and Experience
- Sound analytical and data interpretation skills.
- Sound pragmatic judgement recognising the commercial and marketing advantages of being a complaint and customer-focused organisation.
- Broad knowledge and experience of financial services, working within a governing function or role (general insurance compliance experience preferable)
- Experience of interpreting regulatory and legal requirements within a general insurance environment
- Previous experience of delivering on policy objectives within the first or second line of defence
- Ability to work with multiple stakeholders and influencing effectively.
Qualifications
- Educated to further education level or equivalent.
What We Will Offer You
Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:
- Flexible buy/sell holiday options
- Hybrid working.
- Annual performance related bonus
- Contributory pension scheme
- Development days
- A discount up to 50% on a range of insurance products including car, home and pet
Our Ways of Working
Do you need some flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen.
Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.
Diversity & Inclusion
At Allianz, we prioritize diversity and inclusion, demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.
We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.
We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.
Offer an Interview Scheme - As a Disability Confident employer, we will offer an interview to candidates with disabilities who meet the essential criteria for the role. To apply under the Offer an Interview scheme, please let us know when you apply by contacting our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
Hr-recruitment@allianz.co.uk
resourcingGI@allianz.co.uk
Join us - Let’s Care for Tomorrow.
