Compliance Monitoring Officer

Role Description

The purpose of this role is to promote legal and regulatory compliance within the business by monitoring business activity, influencing stakeholders and providing advice and guidance on compliance topics, to ensure business objectives are aligned with regulatory requirements and internal corporate rules.

Salary Information

Circa £40k per annum

Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

This position can be located in either of our Guildford, London or Bournemouth office. This is a Hybrid role with expectation of being on site at least 1 day per week and must be able to meet in London once a quarter

About You

As the Compliance Monitoring Officer you will

• Support the delivery of the annual Compliance Department plan
• Provide technical reporting and process management in accordance with the Financial Conduct Authority, Information Commissioner’s Office and all other applicable financial services regulators
• Provide reporting as required by relevant committees including sub-committees of the Allianz Holdings Board
• Provide advice and subject matter expertise on key compliance topics and corporate rules, assisting the business in development of risk-based solutions
• Be capable of discussing compliance topics with senior leaders
• Have strong communication skills
• Maintain a network of contacts on relevant subjects within the UK Company, the wider Allianz group and the UK general insurance market.
• Identify opportunities for efficiencies and improvements, monitors trends
• Plan workload and priorities of indirect line reports when required
• Deputise for the (indirect) line manager as and when required

Essential Skills

• Understanding of the operations and products of an insurance company.
• Interpretation and application of Financial Services regulation, legislation and internal corporate rules.
• Previous experience in a governance, compliance, risk or legal-related role
• Previous operational/business experience
• Able to communicate complex compliance concepts clearly to non-experts verbally and in writing
• Report writing skills.
• Attention to detail.
• Inquisitive mind.

We support the government scheme “Access to Work” please feel free to ask us about the access to work scheme.

Desirable Skills

• Relevant Professional qualification e.g. Compliance, Risk Management, Data Protection or Data Analysis
• Chartered Insurance Institute
• Responsible Artificial Intelligence usage

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:

• Flexible buy/sell holiday options
• Hybrid working
• Annual performance related bonus
• Contributory pension scheme
• Development days
• A discount up to 50% on a range of insurance products including car, home and pet
• Retail discounts
• Volunteering days

Our Ways of Working

Do you need flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements.

Our aim with this is to help innovation, creativity, and you to thrive
- Your work life balance is important to us.

Integrity, Fairness, Inclusion & Trust

At Allianz, we believe in…