Head of Compliance - Insurance Sector

Job Details

Gibraltar, Gibraltar Salary: Plus Benefits
Sector: Legal & Compliance Type: Permanent
Start Date: ASAP Contact: Angelique Pearson

Head of Compliance - Insurance Sector | £Excellent plus benefits package | Gibraltar


SRGEurope has been appointed to recruit an experienced Head of Compliance to join a well-established International Insurance company with an office in Gibraltar. The role will involve working alongside the UK based team. The Head of Compliance  will work with the Directors and be the guardian of all compliance, risk and corporate governance frameworks, ensuring the Client complies with all applicable legislation and regulations.


Head of Compliance Responsibilities:

  • Implementation and maintenance of an effective Solvency II compliant system of governance, including internal control policies whilst ensuring adherence to the same.
  • Coordination of Solvency II Pillar 2 reporting, including the ORSA, SFCR and RSR.
  • Remain up to date on regulatory and legal issues affecting the business, identifying gaps and implementing action plans to ensure compliance.
  • Management of Internal Audits including planning, organising and reporting.
  • Fulfil the role of MLRO, maintaining and implementing Anti-Money Laundering procedures.
  • Maintain and continuously review risk management system, including the risk register, risk appetite and corresponding policies.
  • Manage service provider audits.
  • Carry out compliance audits on third party suppliers, ensuring adherence to the service agreement.
  • Create and present compliance reports for the ARCG Committee and the Board.
  • Provide compliance training.
  • Maintain Procedures Manual for multiple company functions.
  • Manage the review, drafting and renewal of necessary legal agreements including Service Agreements.
  • ARCG Committee - Organise meetings and content, taking meeting minutes and maintaining the Committee Terms of Reference.
  • Oversee the complaints function, ensuring compliance with FCA guidelines.
  • Ensure ongoing compliance with relevant Data Protection legislation and maintain reporting on the same. Assist with DPIAs, where necessary.
  • Review customer policy wordings and documentation, ensuring it complies with regulatory guidance.
  • Some travel will be required to the UK offices, 2/3 times per year

Head of Compliance Responsibilities:

  • Ideally a Law Degree or similar and some experience in a similar role.
  • Knowledge of Solvency II is an advantage.
  • Excellent written communication skills, with the ability to write comprehensive and detailed reports.
  • Comprehensive knowledge of legal, compliance and regulatory issues affecting the insurance industry.
  • Strong attention to detail
  • Proactive approach, with ability to work on own initiative.

Why Gibraltar?


Gibraltar is a British Overseas Territory on the edge of the Iberian Peninsula neighbouring Southern Spain. It boasts 300 days of sunshine per year, a relaxed out of work lifestyle and is easily accessible to the rest of Europe from Gibraltar and Malaga airports. The primary currency in Gibraltar is pounds/sterling and there are excellent English speaking schools if you are relocating with your family. We can even help you with your relocation process read more here:


To Apply


If you would like to proceed to the next stage press apply now, if you just want to know more e-mail us at or to call us, for Gibraltar +350 200 69999, for UK 0207 183 6462, we look forward to hearing from you.


Head of Compliance  | Insurance| Solvency II | Regulation | MLRO | Compliance Audits

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