Product Governance and Compliance Business Partner
Our client is a global commercial and specialty insurer operating across 40 countries, looking to grow their compliance team.The RoleWorking 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 and Ireland are conducted in accordance with relevant regulations.Key AccountabilitiesProduct Development ComplianceServe as the primary compliance contact for underwriting teams (Accident and Health and Delegated Authority) on all product development and product change initiativesReview new products and product changes from a compliance perspective, ensuring regulatory expectations are met from design through to launchAssist underwriting teams in completing New Product Risk Assessments and applying relevant internal guidelines impacting product developmentEmbed FCA/PRA regulatory requirements, Consumer Duty obligations, and conduct risk expectations into day-to-day product development processesAdvise on the interpretation and practical application of regulatory rules within real-world product development scenariosMaintain accurate and complete documentation ..... full job details .....
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