Compliance Admin Assistant

Direct Commercial are an award-winning commercial motor insurer entering an exciting period of growth. We are looking for a Compliance Admin Assistant based in or around Chelmsford to join our existing Compliance team. We are fully office based at our Chelmsford office.

Business management responsibilities:

• Adhere to Company Policies and Procedures at all times
• Undertake all activities in a professional and ethical manner
• Attend and actively participate in internal meetings (as required)

Individual Conduct Rules:

1. To act with integrity.

2. To act with due care, skill and diligence.

Role Overview & Responsibilities:

• Active involvement in DCL's ongoing compliance function including monitoring upcoming regulatory changes and the annual review of DCL's policies and procedures;
• Develop (over time) an understanding of FCA regulation and its application to UK insurance firms;
• Assist with the administration of DCL's Complaints Handling process;
• Develop an understanding of the FCA's Complaint Handling rules (DISP rules);
• Develop an understanding of the Senior Managers and Certification Regime (SMCR);
• Assist with oversight of any changes to Company stationery/e-mail footers in line with Company legislation and FCA regulations.
• Assist with oversight of COI policy and ensure logging of all COI and gifts in accordance with Company procedure and Bribery Act 2010.
• Assist with the ongoing maintenance of the Senior Managers and Certification Regime (SMCR);
• Assist with allocating mandatory compliance training to relevant staff including maintenance of Broker Assess;
• Assist with the preparation of monthly reporting (to management and Insurer partners) as required;
• Undertake ad-hoc Compliance tasks as required.

Skills

• Excellent team player with the ability to work closely with others to deliver results, identify and resolve issues;
• Excellent organisational skills (ability to prioritise and manage various tasks simultaneously);
• The ability and willingness to learn new skills and upskill quickly to new requirements;
• Excellent written and verbal communication skills;
• Prior experience of the insurance sector or the Financial Services sector desirable but not essential.

Qualifications

• Degree level qualification required.