Insurance Compliance Specialist
Full Time · Legal - 531 · Hybrid
Amsterdam, North Holland, Netherlands
The Company
Cover Genius is a Series E insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Uber, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, Wayfair and SE Asia’s largest company, Shopee. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
Our team and products have been recognized with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commit itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.
Our People are
Bold, Authentic, Purposeful and Inspired
Our People are not
Perfect, Traditional, Complacent or Cautious
About the role
As an Insurance Compliance Specialist in our Compliance Team, you will assist in establishing and maintaining the overview of overarching and local legislation in the EMEA region, including the UK.
You will be involved in the compliance aspects of the customer journey and assist in the ongoing compliance monitoring of Partners’ websites. You will also play an important role in the annual due diligence program on our Partners. Also expect regular ad-hoc requests from colleagues across the organisation which makes the role interesting and diverse.
To drive success in this role, you will have an aptitude for learning and implementing and maintaining compliance frameworks. You will support the regional compliance director in maintaining the company’s compliance programs and ensure that the insurance business has adequate controls, procedures, and processes in place to comply with all laws, regulations, and codes applicable to the sale of insurance and related products. Regular cross-functional collaboration will be key in ensuring that the Company’s adherence to its risk appetite and guidelines are achieved to drive scalable processes which limit risk exposure to the Company.
What will your day look like? You will...
Establish and maintain overview of local regulatory changes in the EEA and assist in implementation of required changes
Support the global compliance team with compliance requests including due diligence questionnaires, management of the Incident reporting process, delivery of the Compliance Monitoring Plan and regulatory filings
Facilitate responses to periodic and ad hoc regulatory requests
Support periodic reviews to proactively identify compliance gaps and assist with implementation of corrective action
Assist with the establishment and maintenance of the Compliance processes and procedures including coordinating timely communications with internal and external stakeholders.
To help us level up, you'll ideally have:
3+ years experience in a compliance role within the insurance industry or regulator
A Bachelor or Master degree in a relevant field
Good knowledge and understanding of Dutch and EU insurance law (Wft, IDD) and local EU law
Ability to communicate in a clear, concise manner both verbally and in writing, and the ability to build relationships with key stakeholders
Experience with identification, assessment, and frameworks for compliance risks
Ability to adapt quickly to a scale-up pace environment and culture
Why Cover Genius?
Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?
• Flexible Work Environment - Our teams are hybrid. We work from home on a Wednesday and Thursday and attend the office on Monday, Tuesday and Friday with flexibility around start/finish times.
• Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
• Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system.
• Social Initiatives - pictures speak a thousand words!
Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!
* Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
By submitting your application, you acknowledge that we may collect, store and process your personal data for recruitment purposes. To ensure a fair evaluation, we may use AI to assist in sorting applications, but all final decisions are made by our hiring team and no candidate dispositions are automated. We will keep your information on file for three years from the date of your application. For detailed information about how we handle your data and our use of AI, please review our full Privacy Policy.
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