At a Glance
- Tasks: Lead compliance projects and manage regulatory matters in a dynamic insurance firm.
- Company: Join a top-tier insurance company known for its commitment to compliance and innovation.
- Benefits: Enjoy a competitive salary, great work-life balance, and opportunities for professional growth.
- Why this job: Be part of a culture that values compliance and strategic initiatives, making a real impact.
- Qualifications: Experience in compliance within the London Insurance Market, preferably with Lloyd's background.
- Other info: Opportunity for informal discussions about the role before applying.
The predicted salary is between 43200 - 72000 £ per year.
My client is a leading insurance firm and they are looking to bring in a Head of Compliance. You will be responsible for managing the Compliance function and leading on a wide variety of compliance projects, regulatory matters and strategic initiatives.
Key Responsibilities:
- To provide a prompt, accurate and effective compliance service for the business and its subsidiary undertakings, and to promote and develop the compliance culture across the group.
- Implement and continually develop the compliance policy framework, ensuring it remains appropriate based on business activities and regulatory risk profile.
- Assist in the development and delivery of the compliance plan.
- Scope, plan and undertake a schedule of compliance policy related projects, focusing on specific processes or key risk areas.
- Keep abreast of regulatory and legislative changes, and develop and operationally implement any new procedures, systems and controls.
- Attend business unit, committee and subsidiary board meetings, to represent Compliance and to understand and identify any new strategic, operational or commercial initiatives that will require compliance support or input.
- Contribute and provide regulatory support in strategic or operational projects.
Person Specification:
- Significant previous experience in a compliance role in the London Insurance Market, strong preference for Lloyd's background.
- Good regulatory engagement experience, particularly FCA/PRA/Lloyd's.
- Hands on experience developing and embedding regulatory change - desirable.
- You will be solution focused, self-motivated, enthusiastic. A team player with the ability to work on own initiative.
In return, you will receive a competitive salary, package and great work life balance. Please apply for further information and an informal discussion.
Head of Compliance - Insurance employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance - Insurance
✨Tip Number 1
Network with professionals in the London Insurance Market, especially those with experience in compliance roles. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in compliance.
✨Tip Number 2
Familiarise yourself with the specific regulatory frameworks relevant to the role, such as FCA, PRA, and Lloyd's regulations. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated on compliance matters.
✨Tip Number 3
Prepare to discuss your hands-on experience with developing and embedding regulatory changes. Think of specific examples where you've successfully implemented compliance policies or managed compliance projects, as these will be crucial in showcasing your expertise.
✨Tip Number 4
Showcase your solution-focused mindset by thinking of innovative ways to enhance compliance culture within an organisation. Be ready to share ideas on how you would approach compliance challenges and contribute to strategic initiatives during your discussions.
We think you need these skills to ace Head of Compliance - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your significant experience in compliance, particularly within the London Insurance Market. Emphasise any hands-on experience with regulatory engagement and change management.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the key responsibilities outlined in the job description, particularly your ability to develop compliance policies and engage with regulatory bodies.
Showcase Relevant Projects: If you have led compliance projects or initiatives in the past, be sure to include specific examples in your application. Highlight your problem-solving skills and how you have successfully implemented compliance frameworks.
Research the Company: Familiarise yourself with the insurance firm’s values, culture, and recent developments. This knowledge will help you tailor your application and demonstrate your genuine interest in contributing to their compliance function.
How to prepare for a job interview at Arthur Recruitment
✨Showcase Your Regulatory Knowledge
Make sure to brush up on the latest FCA, PRA, and Lloyd's regulations. Demonstrating your understanding of these regulatory frameworks will show that you are well-prepared and knowledgeable about the compliance landscape in the insurance market.
✨Highlight Relevant Experience
Be ready to discuss your previous roles in compliance, especially within the London Insurance Market. Share specific examples of how you've successfully managed compliance projects or navigated regulatory changes, as this will illustrate your capability for the Head of Compliance position.
✨Emphasise Your Leadership Skills
As a Head of Compliance, you'll need to lead teams and influence others. Prepare to talk about your leadership style and provide examples of how you've fostered a compliance culture in past roles. This will help convey your ability to manage and inspire a team.
✨Prepare Questions About Strategic Initiatives
Think of insightful questions regarding the company's strategic initiatives and how compliance plays a role in them. This shows your interest in the business and your proactive approach to integrating compliance into broader company goals.