Product Governance & Compliance Business Partner

Our client is a global commercial and specialty insurer operating across 40 countries, looking to grow their compliance team.

Working with underwriting teams, this role provides expert guidance to ensure that new products, product changes and distribution strategies meet regulatory requirements from design through to launch. Acting as a trusted compliance adviser and business partner, the role specialises in product development compliance within a UK FCA/PRA regulated environment. Responsible for embedding regulatory requirements into product development processes and ensuring all business activities across the UK & Ireland are conducted in accordance with relevant regulations.

• Serve as the primary compliance contact for underwriting teams (Accident & Health and Delegated Authority) on all product development and product change initiatives
• Review new products and product changes from a compliance perspective, ensuring regulatory expectations are met from design through to launch
• Assist underwriting teams in completing New Product Risk Assessments and applying relevant internal guidelines impacting product development
• Embed FCA/PRA regulatory requirements, Consumer Duty obligations, and conduct risk expectations into day-to-day product development processes
• Advise on the interpretation and practical application of regulatory rules within real-world product development scenarios
• Maintain accurate and complete documentation of compliance processes, controls, and decision‑making within the product development space
• Escalate material regulatory risks and issues arising from product development appropriately

• Provide general advice on FCA regulation, Consumer Duty and conduct risk as required
• Support the broader business in understanding and applying regulatory requirements to customer journey activities including design, pricing, distribution, claims, and complaints
• Deliver compliance training and promote a strong compliance culture across the business
• Act as a trusted adviser and role model for first‑line accountability, promoting good conduct across the business

• Significant experience within product governance and conduct risk
• Experience in Accident & Health and Delegated Authority product lines would be highly desirable
• Experience with in general insurance, preferably specialty lines