Regulatory Risk Manager

DIRECT LINE INSURANCE GROUP PLC ,
London, Greater London

Overview

Job Description

COVID -19 update We're actively looking for people to join our teams and we're committed in protecting your health and wellbeing during every step of our recruitment process. If you're successful in securing a role with us you'll find we'll be doing things a little bit differently! During this time we've taken steps to adapt our workplaces to keep all our Auto Services colleagues safe as well as ensuring that you feel part of our amazing DLG team! What we're looking for: We are looking for a Regulatory Risk Manager to provide expert subject matter advice and guidance on regulatory developments. This could range from FCA papers on pricing, product value and COVID-19 to government proposals on autonomous vehicles and whiplash. With the ability to communicate complex pieces of information to colleagues at all levels in a clear and simple way, it's imperative your attention to detail and written and verbal communication skills are exemplary. You'll also be able to manage your own portfolio of work with minimal supervision - so a good understanding of insurance, risk management and regulatory compliance is essential. Who you'll be working with: Our Conduct Regulatory Risk team provides critical support to the business through its identification of new and developing regulatory risks for DLG. The team reviews all publications by the FCA and Government, establishing direct impact. They'll share key items via alerts before working with different areas of the business to facilitate DLG's responses to all conduct consultations. This has included topics such as value measures, open finance, young driver road safety, and - more recently - COVID-19. What you'll be doing: * Pro-actively identify and analyse sources of key new or revised conduct regulations and statements of policy at UK and EU level in order to assess the potential impact on DLG * Brief the business, including Approved Persons on relevant regulatory conduct issues/themes as and when required * Identify, own and manage the regulatory risks involved in running the business, in line with our risk framework * Facilitate the timely provision of information to the regulator and trading bodies * Contribute material and relevant regulatory conduct matters to the Compliance reports to the Board, Board Risk Committee, and Risk Management * Ensure the smooth handover of conduct developments to the Compliance Advice and Guidance team as regulations come into force What we'll give you: We have a strong focus on developing you and your skill set and work hard to give you the tools to do so. In addition to this we also offer a generous benefits package including 25 days annual leave, family and work life balance focused options such as: fully paid maternity leave and parental leave, flexible working, insurance savings for you as well as a range of other optional benefits!