Senior Compliance Specialist, UK

About us Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. Founded in 2017, Coalition combines comprehensive insurance coverage and innovative cybersecurity tools to help businesses manage and mitigate potential cyberattacks. Opportunities to make an impact with bold thinking are real—and happening daily at Coalition. About the role Coalition’s Legal and Compliance Department is seeking an experienced and highly motivated Risk and Compliance Specialist to join its fast-moving and growing team. The Risk and Compliance Specialist will be responsible for working with other legal and compliance professionals in monitoring and ensuring adherence to regulatory requirements and procedures throughout Coalition’s organization. The successful candidate will handle a full range of regulatory and compliance matters and serve as a key partner to provide advice to the legal and compliance team, business partners, and insurance and corporate functions. Reporting to Coalition’s Director of Compliance, and working with a global team, the candidate will be able to work independently in a fast paced , dynamic environment, with the ability to flex with shifting responsibilities and priorities, and have demonstrated relationship building capabilities, strong operational skills, interpersonal skills, and analytical capabilities. This is a remote opportunity that can be based anywhere in the UK with the ability to travel to our London office occasionally. Responsibilities Review, analyse, and evaluate regulatory developments, newly enacted laws, and other significant industry events, to determine the impact on the business, and communicate the necessary changes to ensure correct implementation is achieved. Assess risks and identify potential areas of compliance vulnerability throughout the enterprise. Maintain our Risk Register, providing an appropriate challenge to risks, their assessments, and controls, ensuring timely actions are taken to manage all risks within appetite. Oversee regulatory breaches, complaints, data protection, financial crime, compliance training, and all other relevant regulatory and legislative requirements. Review marketing materials for accuracy and compliance with regulatory requirements. Prepare comprehensive reports for the Board and Executive team regarding Risk and Compliance issues. Respond to business inquiries by providing sound risk based compliance advice. Drive our direct authorisation application with the FCA, including using the FCA Connect System, RMAR reporting, and CASS requirements. Serve as a Certified Function under SMCR, accountable for compliance-related activities, including adherence to Individual Conduct Rules Ensure company policies and procedures are effective, monitored, and proportionate, and adhere to applicable laws and regulations. e.g. IDD, GDPR CPD Provides oversight of corrective action plans developed through business unit self-audits and Compliance audits. Tests and validates corrective actions to confirm mitigation plans have been properly implemented. Prepares accurate and timely responses to insurance consumer complaints received directly from consumers or regulators. Participates in preparing materials and information required in response to internal and external carrier or regulatory audits and assists in preparing communication of responses. Manages workload, prioritizes, and elevates issues where appropriate with little direction. Participates in International expansion efforts supporting Compliance and Regulatory obligations. Skills and Qualifications 5+ years of experience in an insurtech or insurance industry; commercial experience preferred (cyber insurance experience a plus) High work standards, with the ability to multitask, meet deadlines, and effectively navigate a remote working environment Demonstrated ability to perform legal research of statutory/regulatory requirements Extensive k ... (truncated, view full listing at source)