Compliance Business Partner

Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you'll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we'll build a legacy of trust and triumph in the dynamic world of risk management.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

To act as Business Partner in the best interests of the company. Ensure professional, strategic and operational compliance risk-management is in place and that the business is compliant with appropriate systems and controls by supporting it in meeting its regulatory objectives through delivering policy and advisory support, especially with regard to the FCA’s Product Governance, and Consumer Duty, rules and guidance,  leading compliance projects, monitoring changes in regulation and performing impact analyses and embedding professional standards.

• Balance business opportunities and other commercial considerations, where appropriate, with compliance risks to maximise corporate performance and minimise financial, regulatory or reputational loss
• Act as a ‘trusted advisor’ to the business, working together to find compliant commercial solutions but will also need on occasion to be a source of challenge
• Work with the relevant division (overseen by the Compliance Director and together with the wider AJG Compliance team) to provide support, advice and guidance on the compliance framework and policies and procedures and guide the business to identify, assess and manage compliance risk and meet professional standards set by the AJG Group and regulatory requirements
• Provide compliance oversight and reporting to the Compliance Director and the senior risk team, the senior management team of the relevant division. Provide input to the AJG Executive, Audit and Risk Committees
• Provide focused specialist compliance advice to divisional staff taking into account business / consumer needs, external best practice and regulatory requirements. Bring challenge to the senior management of the relevant division and make supportive interventions aimed at managing compliance within the divisions.
• Provide specific compliance advice to the business relating to current FCA rules and guidance relating to Product Governance and Consumer Duty
• Assist with the management and delivery of compliance work including scheduled and ad hoc strategic projects; including
• The enhancement where necessary of the Gallagher control framework supported by risk-based policies and procedures designed to deliver compliance with relevant regulatory requirement
• The development and implementation of appropriate domestic and international professional standards in response to new rules, guidance, regulatory standards and AJG Group policy
• Provide compliance work stream support on business-led projects and M&A integration projects
• Carry out research and provide expert policy advice on a range of regulatory issues with a special focus on the FCA’s Product Governance, and Consumer Duty, rules and guidance.
• Maintain a highly visible and supportive role as a strong influencer and help internal stakeholders to understand conduct risk outcomes to anticipate, understand, prepare for and implement regulatory and policy change
• Be familiar with the business and current regulatory and compliance initiatives in a way that is likely to meet the Financial Conduct Authority compliance requirements for firms of our size and sector
• Respond to a wide range of complex enquiries, ensuring that the information provided is clearly understood by the busines
• Review and analyse key external trends and influences to ensure that a wide range of information is used to support the development of compliance strategies ensuring they are in line with the planned overall strategy of the relevant division
• Lead conduct training and awareness initiatives within the relevant division
• Maintain excellent relationships with internal stakeholders to aid the efficient and productive working relationship with risk management and other business divisions
• Comply with AJG Professional Standards Manual in accordance with statutory requirements for role with specific attention to (but not limited to) Conduct Risk Management, Complaints and Whistleblowing.

• Compliance qualifications desirable
• Demonstrates an understanding of risk practices and techniques and governing regulations with a focus on conduct risk
• Demonstrates an understanding of compliance practices and techniques and governing regulations and has good knowledge of relevant FCA Product Governance, and Consumer Duty, rules and guidance
• Proven ability to evaluate the adequacy and effectiveness of financial, operational, regulatory and technology controls
• Experience of reporting to Committees (which include non-executive directors) desirable
• Compliance exposure– ideally within insurance broking / underwriting environment;
• Insurance / Reinsurance sector, including broking environment, desirable
• Working with businesses to ensure compliance with the FCA’s Product Governance, and Consumer Duty, rules and guidance desirable
• Good interpersonal skills, including listening, verbal and written communication skills with the ability to communicate effectively with all levels of the Company, including senior level management
• Good presentation skills with experience interacting and presenting to colleagues/senior management
• Takes a hands-on practical problem-solving approach to achieving business outcomes and to ensuring that the right business culture and behaviours are being pursued
• People management and team building skills
• Ability to interact comfortably with colleagues/senior level management
• Ability to deal constructively with uncertainty and ambiguity
• Highest degree of ethics and integrity in client focus
• Works to deadlines
• MS office proficiency
• Eligibility to work in the UK

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.