At a Glance
- Tasks: Lead compliance strategies and collaborate with teams to ensure smooth product launches.
- Company: Join Cover Genius, a top insurtech protecting millions globally with innovative insurance solutions.
- Benefits: Enjoy flexible work, employee stock options, and opportunities for social impact through CG Gives.
- Why this job: Be a key player in a fast-growing company recognized for its culture and innovation.
- Qualifications: 6+ years in insurance or law, strong analytical skills, and a legal degree preferred.
- Other info: Diversity and inclusivity are core values; we welcome all applicants.
The predicted salary is between 43200 - 72000 £ per year.
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. 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 Regulatory Compliance Manager on our Global Risk Team, you will play a pivotal role in driving our growth and success by contributing to your region’s strategy on how we structure our products. You will be the subject matter expert on the different product structure options available in your region and their suitability for different use-cases. You will help coordinate external legal advice and support the Senior Director of Insurance Structures in maintaining an internal library for the business to draw upon. You’ll support our Sales and Partner Services teams in pitching different product constructs, working with local insurance teams, and ensuring smooth program implementation and ongoing collaboration. This is an opportunity to be a key and pivotal member of the global CG insurance structures team.
To drive success in this role, you must have strong attention to detail and a process-oriented mindset to establish effective workflows within your region and maintain documentation. We are seeking a highly motivated individual with a background in insurance/financial services regulation or a similar field who can bring a strategic and analytical approach to this role. Regular collaboration with our Partnerships, Partner Services, Legal, Compliance and Insurance teams will be key in ensuring that we drive efficient and compliant structures, become experts in advising our partners how to mitigate risk, achieve revenue growth targets through effective and legal structures, grow our margin, with the ultimate goal of becoming IPO ready.
What will your day look like? You will…
- Collaborate with regional Insurance, Compliance and Legal Teams to document and maintain a library of permissible structures for your region.
- Own the structure approval process for your region for new product launches.
- Support regional Partnerships team in pitching solutions and defining the different structures available.
- Develop and maintain relationships with external legal counsel in your markets in order to obtain effective and practical legal advice that can be shared with distribution partners as required.
- Work with your regional Insurance and Partner Services teams to review existing structures and run projects to make improvements where required.
- Serve as the internal expert for how we may legally offer different products in your region in order to achieve our partner’s goals.
To help us level up, you’ll ideally have:
- 6 or more years in insurance, consulting or law in UK/Europe, with experience evaluating local regulations and developing legal insurance solutions in major markets.
- Strong analytical and problem-solving skills with a detail-oriented and process-driven mindset.
- Strong stakeholder management and ability to work cross-functionally to create solutions.
- Strong project management skills with the ability to manage multiple initiatives simultaneously and meet deadlines.
- Legal degree strongly preferred.
- Ability to thrive in a fast-paced, dynamic environment and adapt to changing business priorities.
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 – we are outcome focused and understand that for our people to perform at their best flexibility is critical.
• 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.#J-18808-Ljbffr
Insurance Regulatory Compliance Manager employer: Cover Genius
Contact Detail:
Cover Genius Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Regulatory Compliance Manager
✨Tip Number 1
Familiarize yourself with the specific insurance regulations and compliance requirements in the UK/Europe. Understanding local laws will not only help you in interviews but also demonstrate your expertise in navigating complex regulatory environments.
✨Tip Number 2
Network with professionals in the insurance and legal sectors, especially those who have experience with insurtech companies. Building relationships can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 3
Stay updated on the latest trends and innovations in the insurtech space. Being knowledgeable about emerging technologies and their impact on insurance products will set you apart as a candidate who is forward-thinking and adaptable.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully managed compliance projects or collaborated with cross-functional teams in the past. Highlighting your project management skills and stakeholder engagement will resonate well with the hiring team.
We think you need these skills to ace Insurance Regulatory Compliance Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Insurance Regulatory Compliance Manager position. Tailor your application to highlight relevant experience in insurance, compliance, or legal fields.
Highlight Relevant Experience: In your CV and cover letter, emphasize your 6+ years of experience in insurance, consulting, or law, particularly in evaluating local regulations and developing legal insurance solutions. Use specific examples to demonstrate your analytical and problem-solving skills.
Showcase Your Skills: Make sure to showcase your strong project management skills and ability to work cross-functionally. Provide examples of how you've managed multiple initiatives simultaneously and met deadlines in previous roles.
Personalize Your Application: Address your cover letter to the hiring manager if possible, and express your enthusiasm for the role and the company. Mention how your values align with Cover Genius's commitment to diversity, inclusivity, and social initiatives.
How to prepare for a job interview at Cover Genius
✨Understand the Regulatory Landscape
Make sure to familiarize yourself with the insurance regulations specific to the region you will be working in. Being able to discuss these regulations and how they impact product structures will demonstrate your expertise and preparedness for the role.
✨Showcase Your Analytical Skills
Prepare examples from your past experience where you successfully analyzed complex regulatory frameworks or developed legal solutions. Highlighting your problem-solving abilities will resonate well with the interviewers.
✨Emphasize Cross-Functional Collaboration
Be ready to discuss your experience working with various teams, such as Legal, Compliance, and Sales. Illustrate how you have effectively managed stakeholder relationships and contributed to successful project outcomes.
✨Demonstrate Adaptability
Given the fast-paced nature of the industry, share instances where you adapted to changing priorities or environments. This will show that you can thrive under pressure and are prepared for the dynamic challenges of the role.