At a Glance
- Tasks: Support oversight processes for third-party relationships with administrative and operational tasks.
- Company: Join a dynamic team focused on effective third-party oversight in the insurance industry.
- Benefits: Enjoy flexible working options, generous leave, and a competitive salary with various perks.
- Why this job: Be part of a culture that values communication, process improvement, and social impact through community support.
- Qualifications: Experience in insurance broking or relevant qualifications; strong communication and organisational skills required.
- Other info: Opportunities for professional development and involvement in environmental initiatives.
The predicted salary is between 28800 - 43200 £ per year.
The Third-Party Oversight Co-ordinator plays a crucial role in supporting the Third-Party Oversight Manager in managing oversight processes for Appointed Representatives (ARs), Introducer Appointed Representatives (IARs), and other third-party distribution relationships. This position provides administrative and operational support to ensure efficient oversight activities.
Responsibilities:
- Administrative Support: Maintain accurate records, documentation, and databases for all third-party entities. Coordinate and schedule site visits, meetings, and training sessions. Prepare and distribute meeting agendas, minutes, and relevant materials. Assist in preparing reports, presentations, and other documentation.
- Oversight and Monitoring Support: Assist in collecting and analyzing data related to complaints, online reviews, customer feedback, QA, and customer outcome metrics. Support coordination of mystery shopping exercises within AR premises. Monitor and track training completion data for AR colleagues. Assist in preparing AR oversight packs for governance forums.
- Communication and Coordination: Act as liaison between the Third-Party Oversight Manager and third-party entities to facilitate effective communication. Coordinate and schedule check-in calls and regulatory update sessions. Disseminate regulatory updates, policies, and procedures to third-party entities.
- Project and Task Management: Support the management of projects and initiatives related to third-party oversight. Maintain project timelines and follow up on outstanding items. Assist in implementing new processes or systems. Identify opportunities for process improvements and streamline activities. Provide feedback and recommendations based on observations and insights.
Skills & Experience:
- Experience in the insurance broking industry or relevant qualifications.
- Strong report writing, communication, and presentation skills.
- Proficiency with MS Office suite.
- Excellent organizational and time management skills.
- Effective influencing abilities.
- Experience with account executive led business and volume telesales is advantageous.
- Understanding of the insurance placement process is desirable.
Further Information:
- We offer a competitive salary and benefits including: Holiday allowance with buy options.
- Death in Service benefit of x4 salary.
- Company pension scheme.
- Generous maternity and paternity leave.
- Flexible benefits package with discounts on various services and products.
- Employee benefits and welfare programs supporting financial management, health, and well-being.
- Learning & development opportunities, including professional study options and apprenticeships.
- Charitable support through PIB Community Trust.
- Environmental initiatives to reduce carbon footprint.
Compliance Administrator employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Administrator
✨Tip Number 1
Familiarise yourself with the insurance broking industry and the specific roles of Appointed Representatives (ARs) and Introducer Appointed Representatives (IARs). Understanding their functions will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Brush up on your organisational skills by practising how to manage multiple tasks and deadlines. You might be asked about your time management strategies, so having examples ready can set you apart.
✨Tip Number 3
Develop your communication skills by engaging in networking opportunities or joining relevant professional groups. Being able to effectively liaise with third-party entities is crucial for this role.
✨Tip Number 4
Gain experience with data analysis tools or software that can help you collect and interpret customer feedback and complaints. This will show your proactive approach to supporting oversight activities.
We think you need these skills to ace Compliance Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in administrative support, project management, and communication skills. Use keywords from the job description to demonstrate your fit for the Compliance Administrator role.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses how your skills and experiences align with the responsibilities of the position. Mention your familiarity with the insurance broking industry and any relevant qualifications you possess.
Showcase Your Skills: In your application, emphasise your proficiency with MS Office and your strong report writing and presentation skills. Provide examples of how you've successfully managed projects or improved processes in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the Compliance Administrator role.
How to prepare for a job interview at TN United Kingdom
✨Know Your Compliance Basics
Familiarise yourself with the key compliance regulations and standards relevant to the insurance broking industry. Being able to discuss these confidently will show your understanding of the role and its importance.
✨Showcase Your Organisational Skills
Prepare examples that demonstrate your organisational and time management skills. Discuss how you've successfully managed multiple tasks or projects in the past, as this role requires excellent coordination abilities.
✨Prepare for Data Analysis Questions
Since the role involves collecting and analysing data, be ready to discuss your experience with data analysis. Bring examples of how you've used data to inform decisions or improve processes in previous roles.
✨Practice Effective Communication
As a liaison between various parties, strong communication skills are essential. Prepare to discuss how you've effectively communicated complex information to different stakeholders in your past experiences.