Underwriting Conduct Risk Manager

  • Location

    City of London, London

  • Sector:

    General Insurance

  • Job type:

    Permanent

  • Salary:

    £60000.00 - £75000.00 per annum

  • Contact:

    Teri Mortier

  • Contact email:

    tmortier@mbfitzgerald.co.uk

  • Job ref:

    BBBH1686_1557739192

  • Published:

    over 1 year ago

  • Expiry date:

    2019-06-12

  • Startdate:

    ASAP

  • Consultant:

    #

Main Responsibilities Include:

  • Active in delivering the conduct risk framework across the business area
  • managing all Conduct related issues within the business unit
  • Advocating the need of a strong conduct culture, and help embed and strengthen this throughout the business and promoting its value
  • Acting as point of contact for conduct related queries
  • Monitoring, communicating and actioning developments with conduct-related regulatory requirements.
  • Keeping up to date with market and regulatory developments in order to identify risks and opportunities, and liaise with senior management, making recommendations as appropriate
  • Maintaining policies and procedures in line with FCA regulations
  • Working with Underwriters in the business unit in relation to the launch of new products
  • Oversight and monitoring of all conduct related issues, including new product launches and product wordings
  • Reviewing marketing material to ensure adherence to conduct standards
  • Management of complaints
  • Coordinating annual review and update governance documents
  • Point of contact for the regulators and other bodies, dealing with enquiries and responding accordingly with best practice
  • Dealing with s.166 reviews

Requirements:

  • Must have experience of Underwriting Conduct Risk from within the Insurance Market
  • Have a strong knowledge of Risk regulation
  • Experience of FCA/PRA regulations