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Our client, a prominent specialty insurance group, seeks a Compliance Officer specializing in Conduct Risk. Bring your expertise to support insurance distribution, product governance, conduct risk, and complaints within our client's Legal and Compliance function.
**Key Responsibilities**:
- Ensure compliance with European and Luxembourgish Insurance Distribution framework requirements.
- Manage the Conduct Risk team, overseeing annual reviews of Product Risk Assessments.
- Maintain and update policies, procedures, and processes related to the Product Governance & Distribution Framework.
- Investigate and respond to complaints promptly.
- Collaborate with international teams to address compliance queries and monitor regulatory changes.
- Contribute to the implementation of compliance-related objectives within our client's Legal & Compliance Plan.
- Provide guidance and training on compliance with regulatory rules and codes of practice.
**Performance Objectives**:
- Enhance Management Information provided to the Product Governance & Distribution Committee.
- Conduct a mapping of conduct risk-related obligations applicable to our client's operating jurisdictions.
- Progress and complete objectives defined within our client's Compliance Plan.
**Essential Skills and Experience**:
- Strong knowledge of the European and Luxembourgish Insurance Distribution framework, including Conduct Risk.
- Problem-solving skills with a risk-based methodology.
- Strong analytical and prioritization skills.
- Proactive, collaborative, and effective communicator.
- Excellent written communication skills.
- Competent in using Microsoft Office.
- Language skills: English.
**Desirable**:
- Additional language skills: French, German, Spanish, or Italian.
- Previous experience in a legal or compliance role within the insurance industry or financial institutions.