Manager, Regulatory & Compliance

Westland Insurance Group Seeking Manager, Regulatory & Compliance for immediate hire. Accepting applications from all groups. Manager, Regulatory & Compliance

Head Office (Surrey), BC, 9850 King George Blvd #1500, Surrey, British Columbia, Canada Req #2919

Wednesday, May 29, 2024

We’re searching for a Manager, Regulatory & Compliance. Are you searching for new possibilities?

Westland Insurance Group Ltd. has an exciting opportunity for a Manager, Regulatory & Compliance in Surrey, BC at our Head Office (hybrid).

Expected Compensation: The expected hiring range for this role is $86,400 to $108,000 based on a 35-hour work week. Actual offered salary will depend on the successful candidate’s qualifications and experience, as well as market conditions for the role, and internal equity.

Westland also offers a competitive annual short-term incentive program that enables employees to share in the rewards of the business and emphasizes the measures that are key to our success.

Westland is committed to continuous learning where employees can grow their potential and write the stories of their careers. Financial assistance is available for approved work-related training/development courses leading to certification, and programs that offer professional development, including seminars and conferences.

Discover what’s possible, with Westland.

The Westland story is all about growth, and that means plenty of possibility for everyone on our team. Every day, Westland proves that building a great business means taking care of communities, clients, and each other with equal commitment. As we continue to open new doors, we’re inviting amazing people like you to join us.

As a Manager, Regulatory & Compliance, you will work with stakeholders across the business in the development and implementation of sound internal policies and procedures which are compliant with all industry regulatory bodies nationally. You will be responsible for monitoring effective compliance with all established policies and procedures.

Interested in learning more?

Why you’ll love Westland:

• An open, flexible and welcoming workplace
• Plenty of opportunities to grow and learn
• Autonomy to own your own success
• Be part of our inclusive culture, alongside an extraordinarily talented community of people with a wide variety of backgrounds
• A total rewards program that takes care of your financial, physical, and mental health
• Flexible paid Values Days to celebrate days important to you
• Paid Volunteer Days for employees as part of Amplifying Communities, a program to support causes that matter most to our employees

Why we’ll love You:

• You have 5-7 years of insurance experience, including 3 years in a management role within the retail insurance environment or a centralized support area.
• You hold a CAIB or CIP designation.
• You have a broad understanding of the regulatory environment across Canada and best practices for insurance agency operations.
• You possess demonstrated knowledge and technical expertise in insurance products and processes.
• You have a proven ability to identify areas of risk and recommend solutions to complex issues.
• You exhibit strong decision-making skills.

Once here, you’ll:

• Collaborate with cross-functional leaders to develop standardized policies and procedures aligned with industry best practices and regulatory requirements.
• Interpret legislation and regulatory guidelines, providing advice on compliance with applicable laws.
• Lead the development and implementation of a comprehensive regulatory compliance management framework.
• Oversee and monitor the compliance attestation and audit process.
• Identify and address instances of non-compliance, working with business leaders to implement corrective actions.
• Develop and maintain onboarding training and annual compliance sign-offs to ensure staff adherence to risk control frameworks.
• Liaise with regulatory bodies, monitoring the regulatory environment to identify emerging issues and upcoming changes, and updating internal policies accordingly.
• Oversee internal licensing processes to ensure efficient and accurate handling of insurance licenses across all jurisdictions.
• Provide expertise and guidance on licensing requirements for acquisitions.
• Coordinate regulatory notice requirements related to acquisitions and corporate changes.
• Respond to inquiries or complaints from regulatory bodies, offering expertise and direction to jurisdictional Designated Representatives.
• Undertake other duties and special projects as required.

Want to get to know each other better? Send your resume our way.

You belong here
We strive to be much more than a great place to work. Here, you join a collective of incredibly vibrant, purpose driven, and open-minded people. Every day, Westland proves that building a great business means taking care of communities, clients, and each other with equal commitment. You will be supported and respected for who you are and for the voice you add to the conversation.

At Westland, you will feel the power of community. Westland Insurance Ltd. is an inclusive organization that values diversity in its workforce. We listen, champion equity and diversity, and create safe welcoming spaces where everyone has a voice and is free to be themselves. Westland Insurance Ltd. encourages applications from all qualified individuals and will accommodate applicants’ disability-related needs, up to the point of undue hardship, throughout all stages of the recruitment and selection process.

If you require a disability -related accommodation in order to participate in the recruitment process, please contact the recruitment team by email at [email protected]

Other details

• Job Family Active Jobs and Positions
• Pay Type Salary

Apply Now

• Head Office (Surrey), BC, 9850 King George Blvd #1500, Surrey, British Columbia, Canada