Insurance Compliance Manager (12-month FTC)

About Revolut

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 60+ million customers get more from their money every day.

As we continue our lightning-fast growth,‌ 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

Compliance is a key team that ensures Revolut’s products and processes meet the regulatory requirements and translate this into the best customer outcomes. They’ve got an outstanding ability to find solutions and carry out testing in a purely digital environment. Those data-driven experts know that better people and machines are the most effective way of managing conduct risk.

With our insurance products expanding, so is our Compliance team. We're looking for an Insurance Compliance Manager to implement the regulatory framework around insurance distribution and who can see what’s needed to keep our consumer protection practice in compliance. Be warned, this is a very hands-on role.

If you're familiar with Insurance, know what insurance distribution requirements across EEA, and are excited to work on cutting-edge products, we want to hear from you.

What you'll be doing

• Advising on compliance requirements for insurance products and related controls
• Supporting the insurance distribution business operating on an FOS basis across the EEA
• Creating, assessing, and implementing policies from scratch
• Reviewing insurance product initiatives and providing compliance feedback and approval
• Managing the training programme
• Assessing and approving marketing communications
• Analysing customer complaints to identify compliance risks
• Collaborating with the business to improve customer outcomes
• Conducting compliance monitoring activities
• Carrying out horizon scanning across our operating countries
• Reading regulations and translating them into applicable actions for the business model
• Mapping requirements to existing controls and remediating identified gaps
• Collaborating with the Business Risk Manager to resolve reported compliance risks and incidents
• Identifying regulatory issues proactively and recommending remedies to ensure compliance
• Liaising with key internal and external stakeholders including Legal, Risk, and regulators

What you'll need

• Experience in compliance risk management within a consultancy, compliance function, or regulator
• Knowledge of regulatory gap analysis, policy creation, and implementation
• Expertise with insurance distribution and FOS business model
• The ability to work well under pressure, manage multiple projects at once, and meet tight deadlines
• A solid understanding of the interplay between compliance risk and business risk
• The skills to communicate positively with members of various internal teams and regulators
• The ability to manage multiple tasks while maintaining attention to detail
• A demonstrated ability to exercise sound judgement
• Excellent analytical, communication, and interpersonal skills
• Knowledge of regulatory requirements on insurance intermediaries
• A willingness to develop expertise in areas such as crypto and privacy

Compensation range

• Lithuania: €4,600 - €5,500 gross monthly*
• Other locations: Compensation will be discussed during the interview process

*Final compensation will be determined based on the candidate's qualifications, skills, and previous experience

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Important notice for candidates:

Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.

• Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.

• Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.

We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice