About the role
Job Summary
Job Summary Reporting to the Head of Licensing & Regulatory Compliance, Canada, the Regulatory Compliance Specialist ensures the organization remains compliant with Canada’s evolving insurance regulations. This role conducts regulatory assessments, oversees compliance testing, and manages external relationships with regulators and industry bodies. The ideal candidate will have strong analytical skills, regulatory knowledge, and strategic adaptability to navigate complex compliance requirements.
Key Responsibilities
Regulatory Oversight & Compliance Management
- Monitor and interpret new regulatory requirements, assessing their impact on business operations.
- Respond to regulatory inquiries, conduct thorough research to ensure compliance alignment.
- Lead regulatory complaint investigations, ensuring proper documentation and resolution.
- Assess insurance policies, distribution guides, marketing materials, and digital assets for regulatory adherence.
- Track completion of action plans shared with regulators, ensuring timely follow-up with stakeholders.
- Perform compliance testing, including User Acceptance Testing (UAT) and workforce management reviews.
Strategic Regulatory Risk Management
- Conduct risk assessments, identifying gaps and proposing solutions to ensure regulatory adherence.
- Collaborate with licensing, legal, and compliance teams to implement proactive strategies for regulatory shifts.
- Develop internal training programs, strengthening regulatory awareness across the organization.
- Maintain relationships with regulatory bodies, ensuring open communication and collaboration.
Qualifications
Minimum Qualifications
- University degree or diploma in business, law, or a related field, with 2+ years of experience in regulatory compliance within the insurance industry.
- Strong knowledge of Canada’s insurance regulations and evolving compliance expectations.
- Ability to interpret complex regulations, conduct impact assessments, and implement compliance strategies.
- Experience managing regulatory inquiries, complaints, and compliance testing.
- Strong research and analytical skills, with the ability to synthesize regulatory changes into actionable business insights.
- Proficiency in MS Word, Excel, PowerPoint, SharePoint, and compliance-related technology systems.
- Excellent verbal and written communication skills, with the ability to translate regulatory concepts into clear guidance.
About Hays
We are leaders in specialist recruitment and workforce solutions, offering advisory services such as learning and skill development, career transitions and employer brand positioning.
As the Leadership Partner to our customers, we invest in lifelong partnerships that empower people and businesses to succeed. We help you achieve your career goals and deliver your business needs by combining meaningful innovation with our global scale and insights.
Last year we helped over 280,000 people find their next career. Join the millions of people around the world that our specialist recruitment consultants provide with up-to-date information on career options, interesting insights and specific industry trends.
We help our customers define and implement strategies to create inclusive and equitable workplaces. Through harnessing and analysing data, we support business decision making and advise on how to access Talent Networks. We also assist in identifying attractive employer propositions by truly understanding a company’s identity, and support clients with all aspects of their Early Careers proposition, from strategic planning through to operational execution.
Hays is the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The c.12,800 people we employ around the world partner with clients and candidates to power the world of work. Every day our expert consultants help thousands of candidates find their next role, and they also help clients reshape workforces and deal with talent shortages. In the year to 30 June 2021, we placed 77,000 people in permanent jobs and 244,000 people into temporary roles. For more information about our global network, strategy and Group financial results, visit www.haysplc.com
About the role
Job Summary
Job Summary Reporting to the Head of Licensing & Regulatory Compliance, Canada, the Regulatory Compliance Specialist ensures the organization remains compliant with Canada’s evolving insurance regulations. This role conducts regulatory assessments, oversees compliance testing, and manages external relationships with regulators and industry bodies. The ideal candidate will have strong analytical skills, regulatory knowledge, and strategic adaptability to navigate complex compliance requirements.
Key Responsibilities
Regulatory Oversight & Compliance Management
- Monitor and interpret new regulatory requirements, assessing their impact on business operations.
- Respond to regulatory inquiries, conduct thorough research to ensure compliance alignment.
- Lead regulatory complaint investigations, ensuring proper documentation and resolution.
- Assess insurance policies, distribution guides, marketing materials, and digital assets for regulatory adherence.
- Track completion of action plans shared with regulators, ensuring timely follow-up with stakeholders.
- Perform compliance testing, including User Acceptance Testing (UAT) and workforce management reviews.
Strategic Regulatory Risk Management
- Conduct risk assessments, identifying gaps and proposing solutions to ensure regulatory adherence.
- Collaborate with licensing, legal, and compliance teams to implement proactive strategies for regulatory shifts.
- Develop internal training programs, strengthening regulatory awareness across the organization.
- Maintain relationships with regulatory bodies, ensuring open communication and collaboration.
Qualifications
Minimum Qualifications
- University degree or diploma in business, law, or a related field, with 2+ years of experience in regulatory compliance within the insurance industry.
- Strong knowledge of Canada’s insurance regulations and evolving compliance expectations.
- Ability to interpret complex regulations, conduct impact assessments, and implement compliance strategies.
- Experience managing regulatory inquiries, complaints, and compliance testing.
- Strong research and analytical skills, with the ability to synthesize regulatory changes into actionable business insights.
- Proficiency in MS Word, Excel, PowerPoint, SharePoint, and compliance-related technology systems.
- Excellent verbal and written communication skills, with the ability to translate regulatory concepts into clear guidance.
About Hays
We are leaders in specialist recruitment and workforce solutions, offering advisory services such as learning and skill development, career transitions and employer brand positioning.
As the Leadership Partner to our customers, we invest in lifelong partnerships that empower people and businesses to succeed. We help you achieve your career goals and deliver your business needs by combining meaningful innovation with our global scale and insights.
Last year we helped over 280,000 people find their next career. Join the millions of people around the world that our specialist recruitment consultants provide with up-to-date information on career options, interesting insights and specific industry trends.
We help our customers define and implement strategies to create inclusive and equitable workplaces. Through harnessing and analysing data, we support business decision making and advise on how to access Talent Networks. We also assist in identifying attractive employer propositions by truly understanding a company’s identity, and support clients with all aspects of their Early Careers proposition, from strategic planning through to operational execution.
Hays is the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The c.12,800 people we employ around the world partner with clients and candidates to power the world of work. Every day our expert consultants help thousands of candidates find their next role, and they also help clients reshape workforces and deal with talent shortages. In the year to 30 June 2021, we placed 77,000 people in permanent jobs and 244,000 people into temporary roles. For more information about our global network, strategy and Group financial results, visit www.haysplc.com