Compliance Advice Lead

This is a Hybrid role with regular travel to our Cardiff office.

Excellent opportunity to join Admiral as Compliance Advice Lead.

This role is to lead the Compliance Advice Team, with responsibility for providing second line of defence regulatory advice and guidance to the business teams within EUI UK Insurance so that the business meets its regulatory obligations and ensuring good customer outcomes for our customers. It is also to provide direct support to the Head of Compliance and deputise in their duties where necessary including attendance at appropriate governance or other key committees and meetings.

Main Duties

• Lead the EUI Compliance Advice Team to provide regulatory advice to support the needs of the business whilst ensuring regulatory obligations are met which result in good customer outcomes.
• Be the SME for the team in providing advice, guidance, direction, and interpretation across EUI in a timely and accurate manner.
• Provide compliance oversight and challenge on EUI product developments through challenging submissions into the Product and Pricing Committee and Product and Pricing Working Groups
• Provide oversight and challenge to the business implementation of regulatory change, ensuring compliance with regulatory requirements, guidelines and principles.
• Review and challenge EUI’s non-financial regulatory reporting
• Support and deputise for the EUI Head of Compliance in their duties in leading the 2nd line compliance function as required.
• Act as a mentor to ensure an appropriate level of skill, capability, training, and competency of the team so they are seen as business matter experts within the wider organisation.
• Develop a talented team ensuring that the culture of the team reflects Admirals four pillars of “Communication, Equality, Reward and Recognition and Fun”.
• Maintain a thorough understanding of market dynamics and emerging regulatory themes to support recommendations and encourage positive change within the business
• Attend Steering Groups, Committees and deputises for HOD/CRO when required.
• Establish and maintain strong relationships with key stakeholders, including Senior managers whilst being able to challenge and influence them when appropriate.
• Work collaboratively with colleagues and stakeholders across the business
• Support the Head of Compliance in producing L2 compliance reports for Boards and Senior Governance Committees ensuring appropriate independent challenge to key business practices and decisions
• Maintain all documentation within a central evidence suite

Essential Skills & Experience

• Extensive compliance advisory experience gained within General Insurance.
• Experience of managing a team within a Compliance function.
• In depth understanding of the Financial Conduct Authority regulatory framework and good experience of all areas of the Insurance Industry. Ability to balance these with Admiral’s objectives.
• Maintain a customer-centric outlook allied to a clear understanding of the processes within the business
• Use initiative & proactivity to progress issues independently and quickly assimilate issues and necessary actions, seeking clarity and/or support as required to secure the right outcome
• Use highly effective planning and organising skills to support task management and problem-solving and demonstrate excellent time management capability
• Excellent communication, leadership, relationship building and influencing skills at a strategic level with the ability to communicate effectively to a variety of audiences, including senior boards and committees.

Desirable skills

• Experience building/leading a “centre of expertise”.
• Experience in change governance/regulatory change programmes.

Admiral: Where You Can

We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.

Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.

We’re proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.

Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here .

Disability Confident Leader

As a Disability Confident Leader, for candidates with a disability or long-term health condition, that opt into the Disability Confident scheme, we’ll invite a fair and proportionate number of applicants that meet the essential requirements of the role to the first stage of our selection process.

If you need any adjustments or support with your application or during the recruitment process, just let us know. Please do email [email protected], contact us on 07796 062776. This number is dedicated to supporting candidates that require reasonable adjustments or support during the application process.

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