Senior Manager - Risk and Regulatory Compliance

at  Pacifica

PACKAGE: £45K - £50K

Pacifica Warranty is part of the Pacifica Group. The Group has approximately 500 employees covering a wide range of services including professional appliance repair, advanced IT solutions and insurance products.
Pacifica Warranty provides insurance products to its clients which include some of the leading appliance manufacturing and retail brands in the UK. Our fulfilment solutions integrate seamlessly into our clients’ trading platforms, making it easy for them to promote and sell insurance through their existing sales channels.
Our insurance policies protect domestic consumer goods including kitchen appliances, technology, entertainment, and other home related products.
We are looking for an experienced manager with regulatory and compliance background in the insurance industry to lead our compliance, non-financial risk management & call monitoring team

REQUIRED SKILLS, BEHAVIOURS AND ATTRIBUTES

Strong interest in insurance
Relevant experience in a Risk and Compliance position, within the insurance services sector
Expertise and experience in specific regulations applicable to the insurance sector
Flexible mindset, with a creative approach and ability to think out-of-the-box and good stakeholder management experience.
Process-minded, problem solving skilled, organised, with an eye for detail and excellent analytical skills
Excellent written and verbal communication & presentation skills, with capacity to summarise & prioritise the information to be reported to management
Reporting to: Manging Director
Hours of Work: 37.5 hours per week: Monday to Friday
Holidays: 22 days (plus 8 bank holidays)
Salary: £45,000 - £50,000 per annum basic dependent on experience

Regulatory gap assessment and implementation: Implement new risk and regulatory requirements by performing gap assessments, building roadmaps, and translating risk or regulatory requirements into business needs. Support management with implementing and embedding of identified gaps, according to the roadmap.
Risk assessment: lead campaigns to identify and assess risks, propose mitigating actions and risk monitoring approaches, report results to senior management.
Internal Controlling: Improve the design of internal controls and monitor their effective implementation, using best market practices.
Regulatory watch: update existing processes and build a regulatory monitoring program to ensure ongoing compliance with regulations.
Lead projects and advise: Organise workshops to identify pain points, conduct analysis and propose remediations.
Risk culture: Help to foster risk and compliance culture within the Group (workshops, awareness campaigns, training).