At a Glance
- Tasks: Lead compliance efforts, manage teams, and analyze regulatory changes in the London insurance market.
- Company: Join a dynamic team focused on compliance in the UK insurance sector.
- Benefits: Enjoy a hybrid work model and opportunities for professional growth.
- Why this job: Make an impact by ensuring compliance and shaping policies in a reputable industry.
- Qualifications: Strong knowledge of UK insurance regulations and experience in the London market required.
- Other info: Ideal for proactive individuals who thrive in a collaborative environment.
The predicted salary is between 43200 - 72000 £ per year.
Compliance Manager – London Market Insurance
London/Hybrid
Main purpose of job:
To support the head of compliance in leading the uk function.
Duties
- Manage direct reports with regard to Sanctions, TOBAs, Conduct Risk and Complaints.
- Review and analyse regulatory changes, providing reports and updates to staff and clients as appropriate.
- Review compliance policies annually and develop policies where necessary.
- Support in the delivery of the compliance plan, including associated monitoring and reporting.
- Lead regular compliance meetings-providing appropriate advice as necessary.
- Lead the creation and delivery of compliance training to staff.
- Provide high quality sanctions advice.
- Assist in the on-boarding process for new clients.
Skills
- Ability to analyse compliance requirements.
- Ability to form good working relationships with internal and external stakeholders.
- Excellent communication skills.
- Display initiative and an ability to work without close supervision.
- Strong attention to detail.
Knowledge and Experience
- Strong technical knowledge of UK insurance regulation
- Experience working within the London Insurance Market
- Experience of applying regulatory knowledge within an insurance business.
- Experience in handling Sanctions referrals.
Compliance Manager employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Manager
✨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 potential colleagues and learn more about the compliance landscape.
✨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 attention to detail.
✨Tip Number 4
Demonstrate your ability to lead and train others by sharing experiences where you've successfully delivered compliance training or led meetings. Highlighting these skills will show that you're ready to take on the responsibilities of the role.
We think you need these skills to ace Compliance Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and requirements of the Compliance Manager position. Familiarize yourself with the key duties such as managing direct reports, reviewing regulatory changes, and leading compliance meetings.
Tailor Your CV: Customize your CV to highlight relevant experience in UK insurance regulation and the London Insurance Market. Emphasize your skills in compliance analysis, stakeholder management, and communication, ensuring they align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of compliance within the insurance sector. Mention specific experiences where you successfully managed compliance issues or led training sessions, demonstrating your initiative and attention to detail.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Ensure that your application is clear, concise, and professional, reflecting your strong attention to detail.
How to prepare for a job interview at Arthur Recruitment
✨Show Your Regulatory Knowledge
Make sure to brush up on UK insurance regulations and recent changes in compliance. Be prepared to discuss how these regulations impact the London Insurance Market and provide examples of how you've applied this knowledge in previous roles.
✨Demonstrate Leadership Skills
Since the role involves managing direct reports, be ready to share your experiences in leading teams. Highlight specific instances where you successfully guided your team through compliance challenges or training sessions.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to handle real-life compliance situations, such as managing sanctions referrals or conducting risk assessments. Think of examples from your past experience that showcase your analytical skills and attention to detail.
✨Emphasize Communication Skills
Effective communication is key in compliance roles. Prepare to discuss how you've built relationships with stakeholders and how you convey complex regulatory information clearly to both staff and clients.