Compliance Coordinator

Key Responsibilities:

• Support the First Line Compliance & Risk team and business areas in effectively managing compliance risks faced by the business.
• Manage the team mailbox, allocating and dealing with requests as appropriate.
• Review relevant registers and versioned documents in an effective and efficient way for appropriate business areas.
• Gain an understanding of the FCA handbook
• Assisting business areas implement the rules and principles of all relevant regulators into policies, procedures and processes.
• Promoting a culture of rigorous thinking and controls to satisfy SBG risk appetite statements and enable sustainable business growth.
• Work on our regulated entity’s Fair Value Assessments.
• Keep our regulated entity’s Operational Resilience, Business Continuity Planning, and Wind Down Planning up to date.
• Gain an understanding of the UK and EU Data Protection and privacy legislation.
• Stay up to date on industry developments through horizon scanning.
• Be able to question and direct stakeholders on governance issues and be a point of contact for the First Line Compliance & Risk team.
• Proactively identify, manage and mitigate business risks encountered as part of day to day role.

Required Skills/Experience:

• Experience of working in a regulated environment and applying relevant regulations
• Understanding of the insurance market and relevant products and services
• Negotiation and influencing skills
• Able to work with autonomy and as part of a team
• Excellent attention to detail and accuracy to work outputs at all times
• Ability to work in organised manner with excellent attention to detail
• Proactively establish and maintain effective working team relationships with all business areas
• Ability to travel to South Africa occasionally.

Our Benefits:

• Hybrid working – 2 days in the office and 3 days working from home
• 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
• Discretionary annual bonus
• Pension scheme – 5% employee, 6% employer
• Flexible working – we will always consider applications for those who require less than the advertised hours
• Flexi-time
• Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
• 100’s of exclusive retailer discounts
• Professional wellbeing, health & fitness app - Wrkit
• Enhanced parental leave, including time off for IVF appointments
• Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
• Life Assurance - 4 times your salary
• 25% Car Insurance Discount
• 20% Travel Insurance Discount
• Cycle to Work Scheme
• Employee Referral Scheme
• Community support day
• Christmas and Summer parties

Working at SBG

At Somerset Bridge Group we aim to build a sustainable and innovative business focused on underwriting, broking and claims handling of UK motor insurance, offering transparent products and an efficient and fair service to our policy holders.

We are very proud to have been awarded a Silver Accreditation from Investors in People! We recognise that all of our people contribute to our success. That's why we are always looking for talented people to join our team - people who share our vision, who are passionate about what they do, and who want to be part of something special. 

Equal Opportunity Employer

Somerset Bridge Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. We prohibit discrimination or harassment of any kind based on race, color, religion, national origin, sexual orientation, gender, gender identity or expression, age, pregnancy, physical or mental disability, genetic factors or other characteristics protected by law. SBG makes hiring decisions based solely on qualifications, skills and business requirements.