Compliance Manager - Continental Europe

Title:

Compliance Manager - Continental Europe

Company:

Everest Insurance (Ireland) France

Job Category:

Compliance Oversight

Job Description:

It’s an exciting time for Everest! As we continue our journey, we see significant opportunities ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets. Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in Bermuda, Canada, Europe, Singapore, the US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet and an innovative culture.

We are looking for an enthusiastic EU Compliance Manager to join the team. 

Role Purpose

Reporting to the Head of Compliance, the EU Compliance Manager will be part of the wider second line compliance function, currently based in Dublin, London and Milan. This role requires a dynamic, adaptable and well organised individual who is comfortable engaging with all aspects of Compliance that may impact our EU Branches in the Netherlands (Rotterdam), Germany (Düsseldorf), France (Paris), Spain (Madrid) and Italy (Milan).

This role will be based in our Paris office with a hybrid schedule that has the option of working two days remotely each week and will involve travel to the other EU offices.

Key Accountabilities:

• Compliance business partner for Europe, providing second line support to the Head of Europe and the EU Branch Managers in the expansion of our business through our European Branch network.

• Keeping up to date and assessing the impact of new regulatory developments, informing senior management of any issues that may affect the Branch network and providing recommendations for action.

• Providing advice, assistance and support to colleagues in the Branches on compliance related matters, including Branch specific Conduct of Business requirements and reporting obligations.

• Working with impacted business teams to implement regulatory change, translating legislation and regulations into “local” Branch policy and procedures as required.

• Actively supporting the Branch Managers in respect of preparation for regulatory submissions / inspections, responding to regulatory information requests and representing Everest at meetings as required.

• Delivering appropriate in person compliance training for Branch colleagues and monitoring completion rates.

• Tracking compliance of the company with applicable regulatory reporting deadlines.

• Testing compliance of the company with applicable laws and regulations through the completion of assurance monitoring reviews and other oversight processes, in line with the annual Board approved Compliance Plan. 

• Assisting with and coordinating compliance related projects.

• Reporting on compliance related matters to the Head of Compliance, providing Branch related input to the various oversight committees including the Board Risk Committee.

• Working with the Head of Europe and the EU Branch Managers to promote a strong compliance culture within the Branch network.

Candidate Profile

Qualifications, Education & Experience:

• A comprehensive understanding of the regulatory requirements applying to a General Insurance Undertaking operating in the European Union.

• Strong technical ability with experience of operating in a second line compliance role ideally within an insurance organization, with exposure to relevant EU regulators.

• Experience with consumer (conduct risk exposed) and affinity lines of business in Europe will be a particular benefit.

• Degree or similar professional qualification, preferably in Law, Finance, Economics or Business Administration.

• Compliance certification such as Professional Diploma in Compliance an advantage.

Knowledge, Skills & Competencies: 

• High level of proficiency in English, both written and spoken.

• Spoken and or written French, German, Dutch, Spanish or Italian a distinct advantage.

• Highly collaborative with a proven ability to build relationships both internally and externally.

• A confident approach and an ability to clearly communicate with a wide range of stakeholders including regulators, legal advisors, outsourced partners and senior management within the business.

• Experience in people management, this role will have one direct report.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.

• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

#LI-Hybrid

Type:

Regular

Time Type:

Full time

Primary Location:

Paris, France

Additional Locations: