We are looking for a Risk and Compliance Executive to support the effective operation of the compliance and risk functions within a general insurance company.
Duties:
- Monitor and support compliance with applicable regulatory requirements (e.g. GFSC regulation and guidance, FCA handbook, GDPR, consumer duty).
- Assist in maintaining and updating compliance policies, procedures, controls, and compliance registers.
- Support regulatory reporting and submissions.
- Conduct compliance monitoring reviews and document findings.
- Maintain corporate contract register.
- Track, log, and follow up on risk events and incidents.
- Conduct root cause analyses.
- Assist with regulatory change management, including horizon scanning and impact assessments.
- Provide guidance to business areas on compliance-related queries.
- Compile compliance reporting.
- Support the maintenance of the enterprise risk management framework and risk software.
- Assist in identifying, assessing, and documenting risks across the business.
- Maintain and update the risk and controls registers.
- Compile risk reporting.
- Monitor key risk indicators (KRIs) and escalate issues where appropriate.
- Assist in scenario analysis and stress testing activities (e.g. operational resilience and ORSA inputs if applicable).
- Support governance processes, including committee coordination and minute writing.
- Assist with internal audits and external regulatory reviews.
- Maintain accurate records of policies, controls, and governance documentation.
- Support delivery of compliance and risk training and awareness initiatives.
- Promote a strong risk and compliance culture across the organisation.
Requirements:
- Degree or equivalent experience in a relevant field.
- Holding, working towards or willingness to study for a professional qualification (e.g. ICA, IRM, CII).
- At least three years of experience in compliance, risk, or audit within financial services (insurance preferred).
- Understanding of Gibraltar and/or UK regulatory environment.
Desirable:
- Experience in an insurance company.
- Familiarity with risk frameworks (e.g. ISO 31000, COSO).
- Experience with compliance monitoring tools or GRC systems.
About the Author: 
