[Hiring] Compliance Monitoring Officer @Covéa Insurance

Role Description

We have an exciting opportunity to join us here at Covéa Insurance as a Compliance Monitoring Officer, within our Compliance Team! This role is fully remote, giving you the flexibility to work from the comfort of your home. Prefer the buzz of the office? You're welcome to come in whenever you like!

In this role you’ll be joining a collaborative and evolving second line Compliance team focused on delivering risk-based, outcomes-focused oversight. The monitoring team plays a key role in providing insight and challenge on regulatory risk, customer outcomes, and conduct standards, helping to support effective governance and regulatory compliance across Covéa.

What does a day-to-day look like?

• Deliver risk‑based compliance monitoring reviews in line with the annual Compliance Monitoring Plan, including planning, fieldwork, testing and reporting.
• Produce clear, concise monitoring reports outlining findings, root causes and practical recommendations, and track management actions through to completion.
• Identify regulatory risks, control weaknesses and potential customer harm, escalating appropriately and contributing to management information for governance forums.
• Support the development and maintenance of the risk‑based Compliance Monitoring Plan, incorporating emerging regulatory risks, FCA/PRA developments and thematic insights.
• Engage constructively with first‑line business areas to discuss findings, provide regulatory insight and support improvements in control effectiveness.
• Work collaboratively across Risk, Compliance, Internal Audit and Operational teams, supporting broader compliance activities and responses to regulatory change.

Qualifications

• Experience in compliance, risk, or audit roles, including monitoring, assurance, and structured control reviews.
• Strong understanding of FCA regulatory requirements, particularly conduct risk and customer outcomes.
• Ability to analyse controls and processes to identify risks, issues, and root causes.
• Clear written communication skills, including producing high‑quality reports and summaries.
• Experience within the UK General Insurance sector. (Desirable)
• Knowledge of Consumer Duty, product governance, distribution oversight, and awareness of PRA expectations. (Desirable)

Requirements

Not sure if you tick every box? That’s okay! At Covéa, we understand that not every candidate will meet every requirement listed. If this opportunity excites you and you feel you could be a great fit, we warmly encourage you to apply. We are committed to building a diverse and inclusive team where everyone has the chance to thrive.

Benefits

• Flexible working – 36.25 hours a week with flexitime & hybrid options
• Annual pay review – Plus performance bonuses (up to 30% depending on level)
• Generous holidays – 25–27 days + bank holidays, with buy/sell options
• Pension perks – 7.5% employer contribution, rising to 9% with your input
• A culture where everyone belongs – We're committed to diversity, equity and inclusion, with real action, employee-led community groups, and ongoing learning to make Covéa a place where everyone can thrive
• Mental & financial support – Through our dedicated Wellbeing group
• Career growth – Training, qualifications and apprenticeships to help you thrive
• Health & wellbeing – Private medical cover, 24/7 Virtual GP, health checks, flu jabs & more
• Drive in style – Tusker Car Scheme with fully maintained insured vehicles
• Extra savings – Gym discounts, Cycle to Work, and retail offers via Perkpal
• And much more!