At a Glance
- Tasks: Lead a team in executing compliance plans and monitoring regulatory requirements.
- Company: Join MS Amlin, a top global (re)insurance group with over 100 years of experience.
- Benefits: Enjoy competitive salary, hybrid working, generous leave, and continuous learning support.
- Why this job: Be part of a dynamic team that values collaboration and offers impactful work in compliance.
- Qualifications: Strong compliance knowledge, people management skills, and ability to communicate effectively are essential.
- Other info: Flexible bank holiday options and employer-supported volunteering opportunities available.
The predicted salary is between 43200 - 72000 £ per year.
Role: Senior Compliance Manager: Advisory, Operations & Monitoring
Location: London – Hybrid
Position type: Full time, permanent
We\’re looking for an experienced compliance professional to join our Compliance function to help execute our annual compliance plan and support on all non-financial crime deliverables. You\’ll lead a small team of Compliance Officers on a wide range of tasks, such as completion of thematic monitoring reviews, compliance with SM&CR, conduct risk/product governance, regulatory reporting, and delivery of MS Amlin\’s Principles for Business attestation.
If you\’re personable, driven and proactive we\’d love to hear from you.
About The Job
While there is rarely a typical day, here\’s a snapshot of some of the key parts of the job:
- Leading a high-performance culture within your immediate team and the wider Risk & Compliance function.
- Supporting our underwriters on any placement issues, including review of any licencing, conduct or audit queries that require second line input.
- Working with Co-Sec and HR on compliance with our SM&CR framework and ensure that our applications and governance arrangements are clear.
- Responsible for ensuring MS Amlin is on top of any changes in regulation that impact our entities in UK, Dubai, Singapore and Australia, and work with the business to implement any necessary changes.
- Support delivery of our co-sourced monitoring thematic reviews – helping agree their scope, completion and following up on any assurance actions.
- Helping the delivery of our Lloyd\’s PBO attestation – working with stakeholders across the business to evidence how MS Amlin meets Lloyd\’s expectations.
- Preparing C-Suite staff on any meetings with Lloyd\’s or the PRA.
- Supporting delivery of Risk & Compliance\’s Knowledge Management pillar – helping to raise awareness of regulatory initiatives across the organisation and within the immediate team.
- Representing Compliance throughout projects and initiatives across a range of risk areas across the business.
- Ensuring that our regulatory reporting is completed on time and that our policies and standards are kept up to date.
- Overseeing the learning and development of your direct reports.
You\’re going to enjoy this job if you also:
- Have an eye for detail
- Have courage to challenge stakeholders.
- Can explain complex regulatory matters in simple terms that people can understand
- Enjoy collaborating with other functions on project work.
What you\’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include:
- Strong execution skills and an ability to remain resilient under pressure
- Strong people management including coaching and knowledge sharing
- Strong knowledge of regulatory requirements across Lloyd\’s, PRA and FCA, Conduct, Product Governance and Consumer Duty.
- Strong organisational and analytical skills
- Ability to shape MI, providing insight in executive and board committee quarterly reporting
- Strong knowledge of the Lloyd\’s Market, its placement and process requirements.
- Ability to clearly and concisely communicate in writing and verbally
- Gravitas and the ability to hold your own in meetings with senior stakeholders.
What y ou can expect from us:
- Competitive Base Salary
- Performance Related Discretionary Bonus
- Holiday: 28 days core annual leave, and you can buy up to 5 days
- Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
- Private Medical: cover for yourself. Family members/dependants can be added.
- Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
- Life Assurance: 5 x annualised base salary
- Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
- Continuous Learning Approach: Including study support with professional qualifications.
- Employer Supported Volunteering: 3 days volunteering leave.
- Bank Holidays: To support the diverse backgrounds and beliefs of our team, we offer employees the flexibility to exchange bank holidays for alternative dates that better reflect their personal, cultural, or religious preferences.
- Annual health screening
- Give as you earn
- Cycle to work
- Season ticket loan
- Green car scheme
- Retail discount platform
- Peppy Health providing one to one support for Gender specific, pregnancy and parenting and Menopause health queries
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD. We operate through four legal entities operating in the Lloyd\’s, Continental European, US and Bermudian global (re)insurance markets.
This role is in our Lloyd\’s business
Our Lloyd\’s business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world. We operate from our offices in the heart of London\’s (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd\’s Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.
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Senior Compliance Manager: Advisory, Operations & Monitoring employer: MS Amlin Ltd
Contact Detail:
MS Amlin Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compliance Manager: Advisory, Operations & Monitoring
✨Tip Number 1
Familiarise yourself with the latest regulatory changes affecting the Lloyd's market, PRA, and FCA. This knowledge will not only help you in interviews but also demonstrate your proactive approach to compliance.
✨Tip Number 2
Network with current or former employees of MS Amlin or similar companies. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations for the Senior Compliance Manager role.
✨Tip Number 3
Prepare to discuss specific examples of how you've led teams and managed compliance projects in the past. Highlighting your leadership skills and ability to handle pressure will resonate well with the hiring team.
✨Tip Number 4
Showcase your communication skills by practising how to explain complex regulatory matters in simple terms. This is crucial for the role, as you'll need to convey important information to various stakeholders effectively.
We think you need these skills to ace Senior Compliance Manager: Advisory, Operations & Monitoring
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compliance, particularly in areas like regulatory reporting and risk management. Use specific examples that demonstrate your leadership skills and knowledge of the Lloyd's Market.
Craft a Compelling Cover Letter: In your cover letter, express your passion for compliance and how your background aligns with the responsibilities outlined in the job description. Mention your ability to communicate complex regulatory matters clearly and your experience in managing teams.
Highlight Key Skills: Emphasise your strong execution skills, resilience under pressure, and people management abilities. Make sure to include your knowledge of regulatory requirements across Lloyd's, PRA, and FCA, as these are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects attention to detail, which is essential for a compliance role.
How to prepare for a job interview at MS Amlin Ltd
✨Showcase Your Regulatory Knowledge
Make sure to brush up on the latest regulatory requirements across Lloyd's, PRA, and FCA. Be prepared to discuss how these regulations impact the business and demonstrate your understanding of compliance frameworks.
✨Demonstrate Leadership Skills
As a Senior Compliance Manager, you'll be leading a team. Share examples of how you've successfully managed teams in the past, focusing on coaching, knowledge sharing, and fostering a high-performance culture.
✨Prepare for Stakeholder Engagement
You’ll need to communicate complex regulatory matters clearly. Practice explaining these concepts in simple terms, and think of examples where you’ve effectively engaged with senior stakeholders or cross-functional teams.
✨Highlight Your Analytical Skills
Be ready to discuss how you've used analytical skills to shape management information (MI) and provide insights for executive reporting. Prepare specific examples that showcase your ability to analyse data and make informed decisions.