Compliance Officers are becoming more and more integral to insurance companies as the days pass. With GDPR and Solvency II, Compliance Officers have their hands full in ensuring insurers and intermediaries are compliant with Central Bank and EU legislation and regulations.A Compliance Officer, usually holding an ACOI / LCOI qualification, will need to have excellent analytical skills as they will need to monitor both company procedures and external regulatory changes to ensure compliance. As Compliance Officers become more valued to an insurer, so too have we seen a rise in their base salaries. A newly qualified Compliance Officer can expect €35,000 to €40,000 if they also have 1-2 years’ experience in the area. A Senior Compliance Officer can expect anywhere from €55,000 - €70,000 are 4-5 years’ experience and these salaries will continue to rise with managerial and director level opportunities.
Waterford City is the principal City in the South East of Ireland. The City covers an area of 4,157 hectares and has a population of 50,000 living in the City and its suburbs. A further 150,000 people live within 50 kms of the City and commute the short distance to Waterford City to work, shop and access the rich and varied cultural opportunities in the City. County Waterford offers a dazzling 147 kilometres coastline, with 49 beaches, beautiful river valleys, lakes and two dramatic ranges of very accessible mountains.