Compliance Officer

Salary: Competitive

Location: Hybrid working – Lakeside, Cheadle and working from home

At Drive Further, we are a passionate Collective made up of Financial and Legal Insurance, Magnus, MSL, Supportis, and Dualdrive. We pride ourselves on our commitment to understanding our customers' needs and empowering our people to excel. Join us as we strive for excellence through innovative products and exceptional service.

Job Purpose

As a Compliance Officer, you will support the Head of Risk and Conduct in delivering the Compliance Monitoring Programme across our insurance business. Your role will involve undertaking comprehensive compliance assurance reviews, ensuring adherence to regulatory standards and contributing to effective risk management and continuous improvement throughout the Collective.

Key Responsibilities:

• Maintain an up-to-date understanding of insurance regulations and compliance guidance, applying this knowledge to enforce robust standards and processes.
• Review claims files to evaluate customer outcomes, identifying root causes of poor outcomes and recommending appropriate remedial actions.
• Communicate regulatory expectations and changes to internal teams, translating complex requirements into practical guidance.
• Support the preparation and submission of regulatory returns, ensuring data accuracy and compliance with FCA requirements.
• Collaborate with the wider compliance function to ensure coordinated compliance services throughout the business.

Ideal Candidate:

• Proven experience in the insurance and/or claims management sector.
• Strong understanding of FCA regulations and the ability to articulate Consumer Duty requirements.
• Excellent analytical skills with a knack for interpreting complex data sets.
• Strong communication skills, both written and verbal, enabling clear feedback and reporting.
• Demonstrated ability to build and maintain effective relationships with external partners.

Benefits On Offer:

• Flexible hybrid working arrangement providing a balanced work-life approach.
• Continuous professional development opportunities within a supportive environment.
• A collaborative and inclusive workplace culture that values every team member.
• Competitive salary and benefits package designed to reward your contributions.
• Access to a variety of employee wellness programs to support your wellbeing.

At Drive Further, we are dedicated to fostering an inclusive workforce that values diversity and promotes a sense of belonging for all employees.

If you are passionate about making a difference and meet the qualifications outlined, we would love to hear from you. Please submit your CV now and join us in driving forward towards a successful future.