At a Glance
- Tasks: Lead compliance efforts, manage reports, and provide training in a dynamic insurance environment.
- Company: Join a leading firm in the London Market Insurance sector, known for its commitment to excellence.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work culture.
- Why this job: Make a real impact by ensuring compliance and shaping policies in a fast-paced industry.
- Qualifications: Strong knowledge of UK insurance regulations and experience in the London Insurance Market required.
- Other info: Ideal for proactive individuals who thrive in a role with autonomy and responsibility.
The predicted salary is between 43200 - 72000 £ per year.
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Manage direct reports with regard to Sanctions, TOBAs, Conduct Risk and Complaints.
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Review and analyse regulatory changes, providing reports and updates to staff and clients as appropriate.
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Review compliance policies annually and develop policies where necessary.
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Support in the delivery of the compliance plan, including associated monitoring and reporting.
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Lead regular compliance meetings-providing appropriate advice as necessary.
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Lead the creation and delivery of compliance training to staff.
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Provide high quality sanctions advice.
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Assist in the on-boarding process for new clients.
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Ability to analyse compliance requirements.
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Ability to form good working relationships with internal and external stakeholders.
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Excellent communication skills.
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Display initiative and an ability to work without close supervision.
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Strong attention to detail.
Knowledge and Experience
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Strong technical knowledge of UK insurance regulation
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Experience working within the London Insurance Market
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Experience of applying regulatory knowledge within an insurance business.
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Experience in handling Sanctions referrals.
Compliance Manager - London Market Insurance employer: Arthur
Contact Detail:
Arthur Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Manager - London Market Insurance
✨Tip Number 1
Familiarize yourself with the latest UK insurance regulations and compliance requirements. This will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing environment.
✨Tip Number 2
Network with professionals in the London Insurance Market. Attend industry events or join relevant online forums to connect with others in compliance roles, which can provide valuable insights and potential referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've handled compliance issues in the past, especially related to sanctions and conduct risk. Real-life scenarios can showcase your problem-solving skills and experience effectively.
✨Tip Number 4
Highlight your ability to communicate complex regulatory information clearly. Consider practicing how you would explain compliance concepts to non-experts, as this skill is crucial for the role.
We think you need these skills to ace Compliance Manager - London Market Insurance
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Compliance Manager position. Highlight key responsibilities such as managing direct reports, reviewing compliance policies, and leading compliance training.
Tailor Your CV: Customize your CV to reflect your experience in the London Insurance Market and your technical knowledge of UK insurance regulation. Emphasize any relevant experience with sanctions referrals and compliance management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your communication skills and ability to form relationships with stakeholders. Mention specific examples of how you've successfully managed compliance issues in the past.
Highlight Relevant Experience: In your application, clearly outline your experience in applying regulatory knowledge within an insurance business. Provide examples of how you've contributed to compliance plans and handled complaints or conduct risk.
How to prepare for a job interview at Arthur
✨Showcase Your Regulatory Knowledge
Make sure to highlight your strong technical knowledge of UK insurance regulation during the interview. Be prepared to discuss specific regulations and how they impact the London Insurance Market.
✨Demonstrate Leadership Skills
Since the role involves managing direct reports and leading compliance meetings, be ready to share examples of your leadership experience. Discuss how you've successfully guided teams in the past and provided valuable advice.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to analyze compliance requirements and handle sanctions referrals. Prepare scenarios where you had to navigate complex regulatory changes or resolve compliance issues.
✨Emphasize Communication and Relationship-Building
Strong communication skills and the ability to form good working relationships are crucial. Share examples of how you've effectively communicated compliance policies to staff and clients, and how you've built rapport with stakeholders.