Head of Compliance Insurance

Il y a 3 jours

Brussel, Brussel-Hoofdstad, Belgique Page Executive Temps plein 90 000 € - 120 000 € Contrat
  • Advising business on compliance matters, especially on new strategic initiatives
  • Developing the compliance function efficiently

About Our Client

This client is an international listed insurance Group, to further strengthen the leadership and governance they're looking for a Head of Compliance.

Job Description

The Head of Compliance has following areas of responsibility:

  • Implementing and managing compliance within company's Insurance as required by regulators.
  • Ensuring regular update on legal and regulatory changes, in collaboration with Legal Department.
  • Converting regulations into clear internal policies and instructions.
  • Establishing and maintaining a compliance risk assessment framework, including risk identification, evaluation, and monitoring.
  • Creating and carrying out an annual risk-based compliance plan, focusing on key regulatory risks.
  • Monitoring adherence to compliance policies and taking corrective actions such as training, communication, or sanctions.
  • Reporting to internal and external stakeholders as needed.
  • Maintaining transparent relationships with supervisory authorities (NBB, FSMA) and coordinating regulatory interactions.
  • Escalating major compliance issues to senior management/Board, to Group Compliance, and to supervisory authorities where necessary.
  • Advising business and management on compliance matters, especially during new strategic initiatives.
  • Promoting a strong compliance culture and ensuring staff training and awareness.
  • Following up on alerts from the Channel.
  • Developing the compliance function efficiently, balancing strategic oversight with practical execution.
  • Aligning activities with the group program and reporting to the Group Director Compliance.

The Successful Applicant

  • Master's degree in law, finance, economics, auditing or equivalent
  • Min 10 years of relevant compliance-related experience
  • Knowledge and experience of the activities of the insurance business
  • Knowledge of the applicable laws and regulations
  • Experience in / understanding of operational audit and risk management
  • Proven experience in interacting with regulatory authorities within a regulated financial services environment
  • Strong understanding of Solvency II governance, compliance and control framework requirements
  • Ability to function in an international context
  • Demonstrate highest degree of integrity
  • Fulfill criteria in terms of competences and standards as described in Fit & Proper
  • Self-motivated, autonomous, able to persuade and to resolve conflicts
  • Strong independence of judgement and ability to challenge senior stakeholders and management when required
  • Management and project management skills
  • Ability and mind-set to turn constraints into opportunities and competitive advantage
  • Team spirit of deep cooperation and sharing
  • Accessible and a good listener
  • Fluent in English, and Dutch or French at the minimal

What's on Offer

  • A dynamic, multicultural working environment
  • An interesting and extensive salary package
  • A corporate culture where you are encouraged to share your views and opinions
  • A flat organizational structure with close collaboration and communication with management and cross departments