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Job Title: Head Of Compliance, Insurance
Location: Dublin
Position Type: Full Time
Ref: 61
Remuneration: Negotiable
Date Added: 28-04-2018
Last Updated: 30-05-2018



Provide assurance to several (re)Insurance entities that adequate compliance structures are in place, consistent with Group Compliance requirements as well as being in line with applicable laws and regulations.

• Develop and enhance an already strong compliance culture.
• Exercise delegated rights, as well as escalation and alert duties.
• Coordinate outsourcing agreements with compliance resources when required.
• Work in cooperation with Head of Compliance in other territories and Business Heads to ensure consistency of decision-making and operating models.
• Measure, monitor, mitigate and clearly report actual and latent compliance risks.


• Adapt policies, procedures and the control plan for Compliance in each entity.
• Ensure that compliance in each entity is in line with Group standards, particularly in regard to organisation, risk assessment, professional ethics, etc.


• Effective implementation of compliance tools, systems, associated policies and control set-up.
• As necessary, review the regulatory returns complied by Finance and Actuarial teams.

Training and Culture:

• Establish and monitor a yearly compliance training plan in line with Group and local regulations and standards.

Financial Security:

• Ensure that processes are in line Group, particularly around organisation, permanent control, exemption, training, etc.
• Take measures to prevent economic crime including fraud, money laundering and terrorist financing, regardless of circumstance or stakeholder.
• Make sure adequate due diligence and controls are performed to "know your customers" and how they use the Group’s products and services.
• Be vigilant that customer transactions aren't related to bribery or corruption; report any suspicious operation to Senior Management or local Compliance.

Senior Compliance Professional:

• Five years minimum in a senior insurance compliance role.
• Insurance expertise in Life or non-Life (no preference).
• Reinsurance expertise is nice to have, but not essential.

Professional qualifications:

• ACOI related qualification preferable.
• Relevant University Degree or Professional Qualification.

Personal characteristics:

• Ability to communicate clearly and concisely; strategic thinker; strong people management skills; keen attention to detail.

The Individual Specifics, Experience and Key Skills:

• Excellent understanding of the Irish Regulatory environment.
• Strong Solvency II knowledge is preferable, as well as a strong understanding of Financial Security issues and trends.

Proven track record of delivery:

• Able to operate independently, leverage internal resources to ensure that projects, tasks and core requirements are delivered on time.
• Create a unified vision of territory for (re)insurance compliance risks:
• In line with what is expected of a Pre-Controlled Function Head of Compliance (PCF 12) as per Fit and Probity CBI regime.

Please call Seamus Boylan or enquire through the link below for additional details:

(P) +353 1 477 3700 (M) +353 87 230 6669

Experience: 10 Years Experience or above
Required Education: See Description

Job Classification

Categories: Insurance

Contact Details

Posting Company: Select Executive Search
Contact Name: Seamus Boylan
Apply For This Job: Click Here

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