Product Compliance Manager
3 weeks ago
Area of Expertise: Legal & Compliance
Unit: Allianz Partners
Employing Entity: AWP Assistance UK Ltd
Job Type: Full-Time
Remote Job: Hybrid working
Employment Type: Permanent
ID: 66343
Product Compliance Manager
Job Summary:
The role of the Product Compliance Manager represents an exciting opportunity to join our growing Proposition Management team. Reporting to the Head of Proposition Management, you will be responsible for understanding the compliance requirements for our global product portfolio and will co-ordinate activities to ensure those requirements are being met. This role involves collaborating with cross-functional teams, ensuring that required protocols are adopted by wider areas of the business and fulfilling any internal and external reporting requirements.
Key Responsibilities:
- Regulatory Compliance: Monitor and interpret relevant regulations and standards to ensure company products comply with expected Allianz governance and compliance requirements.
- Policy Development: Develop and implement product compliance policies and procedures to guide product lifecycle management.
- Risk Assessment: Conduct regular product compliance risk assessments and audits of product lines to identify potential areas of vulnerability and implement corrective actions.
- Product Compliance Returns: Oversee and co-ordinate responses to internal and external requests for reports on key controls and evidence-based testing in accordance with deadlines.
- Documentation: Maintain comprehensive records of product compliance activities, including reports, audits, and regulatory submissions.
- Training & Education: Develop and deliver product compliance training programs to educate colleagues on relevant product compliance requirements.
- Cross-functional Collaboration: Work closely with the compliance, legal, and risk teams to ensure strong collaboration and engagement across these key functions.
- Continuous Improvement: Stay informed about industry trends and regulatory changes to continuously improve the company's product compliance strategies.
Key Requirements and Competencies:
- Hold a third level business degree or appropriate professional qualification.
- At least 5 years' experience within a Financial Services organization and 3 of those years in a compliance-related role, preferably with experience in working within the UK Financial Conduct Authority (FCA) requirements.
- Experience in the Health or General insurance sectors would be of particular advantage.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills, with the ability to effectively collaborate across departments and communicate to a senior audience.
- Detail-oriented with strong organizational skills and the ability to manage multiple projects simultaneously.
- Ability to work effectively, both independently and within a team environment.
As an equal opportunity employer, Allianz Partners recognizes that our strength lies in our people, and we are committed to diversity and inclusivity. So if you would like to be part of a global company that offers international career opportunities, kick-start your career and dare to join us
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