Senior Compliance Specialist, UK

TLDR

Work within a collaborative legal and compliance team to ensure adherence to UK regulatory requirements in the fast-paced insurtech environment.

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 SM&CR, 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 knowledge of regulatory compliance in the UK insurance sector (e.g Consumer Duty, ICOBS, PROD, DISP, SM&CR), including Data Protection laws. European insurance experience (preferred). 
  • Experience in 2LOD monitoring, working through the audit process, and directly with regulators.
  • Excellent oral and written communication skills, with a track record of presenting to internal stakeholders
  • Strong insurance-related compliance experience in risk assessment, testing, and monitoring, including knowledge of business processes and technologies 
  • Previous experience acting in a Certified Function under SM&CR preferred
  • Bachelor’s Degree or equivalent work experience preferred
  • Relevant risk & compliance qualifications (e.g ICA) preferred

Perks

  • 100% medical coverage, including outpatient care
  • Life insurance 
  • 25+ paid holidays
  • Annual home office stipend
  • 7% employer pension contribution
  • Mental and physical health wellness programs like Headspace, Wellhub
  • Competitive compensation and opportunity for advancement

Why Coalition? 

Work at Coalition is centered on the joint mission to Protect the Unprotected. We have built a remote-first, highly inclusive culture that welcomes people from diverse backgrounds. We trust each other to take responsibility, share ownership of outcomes, and put in the work together to protect businesses from digital risk. Coalition’s exceptional growth stems from its ability to address real-world problems for organizations of all sizes while remaining true to our founding values of character, humility, responsibility, purpose, authenticity, and inclusion.

We’re always looking for collaborative, inquisitive individuals to join #OurCoalition.

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Privacy Notice

Coalition is committed to protecting your privacy and handling your personal information responsibly. We collect, use, and store personal information as necessary for the recruitment process and in compliance with applicable privacy laws and regulations in all regions where we operate. We want you to understand what personal information we collect, how we use it, and your rights regarding access, correction, and deletion of your data where applicable. Information submitted, collected, and processed as part of your application is subject to Coalition's Privacy Policy. For further details, please review our full Privacy Policy or contact us with any questions regarding how your information is handled.

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Safe Hiring Notice

All legitimate communication from Coalition comes from @coalitioninc.com emails, and open roles are listed only on our Careers page. We never ask for payment, banking details, or personal identification before an offer is accepted through our secure systems. If you believe you’ve been a victim of fraudulent recruiting, follow guidance from the Federal Trade Commission (FTC).

Anti-Discrimination Notice

Coalition is proud to be an Equal Opportunity employer. Our policy is to provide equal employment opportunities to all individuals, without discrimination or harassment on the basis of any characteristic protected by applicable laws in each country where we operate. This commitment includes, but is not limited to, ensuring equal treatment in recruitment, selection, training, promotion, transfer, compensation, and all other aspects of employment. Coalition does not tolerate discrimination or harassment of any kind, and we are dedicated to fostering an inclusive and supportive workplace.

Accommodations

Coalition is committed to providing reasonable accommodations to qualified individuals with disabilities, including applicants and employees, in accordance with applicable laws and regulations in each country where we operate. Our policy is to support equal opportunity in the hiring process by considering qualified applicants regardless of disability or other protected characteristics, unless providing accommodation would impose an undue hardship or disproportionate burden. If you require accommodation to complete an application, interview, pre-employment testing, or participate in the selection process, please contact us at [email protected]. We also consider all qualified applicants, including those with criminal histories, in line with applicable laws and regulations in each jurisdiction.

To all recruitment agencies: Coalition does not accept unsolicited agency resumes. Do not forward resumes to our email alias, employees, or other physical or virtual organization locations. Coalition is not responsible for any fees related to unsolicited resumes.

Benefits

Health Insurance

100% medical coverage, including outpatient care

Home Office Stipend

Annual home office stipend

Competitive compensation

Competitive compensation and opportunity for advancement

Paid Time Off

25+ paid holidays

Wellness Stipend

Mental and physical health wellness programs like Headspace, Wellhub

Coalition provides a proactive approach to cybersecurity by merging insurance with cutting-edge risk management solutions. Tailored for businesses looking to safeguard against digital threats, Coalition’s unique model not only covers potential losses but also equips companies with the tools to prevent cyberattacks before they happen.

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