Regulatory Compliance Executive
Regulatory Compliance Executive

Regulatory Compliance Executive

Wandsworth Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a dynamic MGA, driving growth and innovation in the insurance sector.
  • Company: Join a rapidly growing Managing General Agent focused on transforming the insurance landscape.
  • Benefits: Enjoy competitive salary, career development opportunities, and a vibrant team culture.
  • Why this job: Be at the forefront of change, shaping the future of insurance with a passionate team.
  • Qualifications: Proven leadership in insurance, strong understanding of MGA operations, and excellent communication skills.
  • Other info: This role involves Senior Management Functions under FCA guidelines.

The predicted salary is between 43200 - 72000 £ per year.

Are you a visionary leader with a proven track record in the insurance sector, ready to take the helm of a dynamic and rapidly growing Managing General Agent (MGA)? Do you thrive on driving strategic growth, fostering innovation, and building high-performing teams? If you\’re passionate about shaping the future of insurance and making a significant impact, this is the opportunity you\’ve been waiting for. We\’re searching for an exceptional individual to lead our MGA, building on its success and steering it towards even greater achievements as a key member of our UK Executive team. it\’s a chance to be at the forefront of a pivotal period of expansion and transformation. If you\’re a results-oriented leader with a deep understanding of MGA operations, underwriting, and distribution, and you\’re eager to leave your mark on a forward-thinking organization, we encourage you to read on. As our Managing Director of the MGA, you\’ll: Define and execute the MGA strategy, aligning it with our long-term vision and maximizing its value. Drive profitable growth and financial performance, meeting targets and maintaining sound underwriting principles. Ensure compliance and regulatory adherence, while leveraging market trends for new commercial models. Lead and develop a high-performing team, fostering a customer-centric and innovative culture. Provide strategic input as a key member of the UK Executive team, accelerating overall business growth. Deeply knowledgeable about capacity agreements, delegated underwriting authority, and regulatory frameworks. Commercially astute, with a history of driving profitable growth, P&L management, and innovating new commercial models. An exceptional communicator and negotiator, capable of building and maintaining strong relationships with insurer partners. If you\’re applying for a role in which you\’ll performing Senior Management Functions under the Senior Manager and Certification Regime (SM&CR), you\’ll also be subject to enhanced check and referencing in accordance with the FCA\’s guidelines.

Regulatory Compliance Executive employer: Simply Business

Join a forward-thinking Managing General Agent (MGA) that prioritises innovation and strategic growth in the insurance sector. Our dynamic work culture fosters collaboration and empowers employees to drive impactful change, while offering robust professional development opportunities to enhance your career. Located in the UK, we provide a unique chance to lead a high-performing team during a pivotal period of expansion, making a significant mark in the industry.
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Contact Detail:

Simply Business Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Regulatory Compliance Executive

✨Tip Number 1

Network with professionals in the insurance sector, especially those who have experience in Managing General Agents (MGAs). Attend industry events or webinars to connect with potential colleagues and leaders who can provide insights into the role and company culture.

✨Tip Number 2

Research the latest trends in regulatory compliance and MGA operations. Being well-versed in current market dynamics will not only help you in interviews but also demonstrate your commitment to staying ahead in the industry.

✨Tip Number 3

Prepare to discuss specific examples of how you've driven profitable growth and managed P&L in previous roles. Highlighting your achievements in these areas will showcase your capability to meet the expectations of this position.

✨Tip Number 4

Familiarise yourself with the Senior Manager and Certification Regime (SM&CR) and its implications for the role. Understanding these regulations will not only prepare you for the responsibilities but also show your proactive approach to compliance.

We think you need these skills to ace Regulatory Compliance Executive

Regulatory Knowledge
Strategic Planning
Financial Acumen
Underwriting Expertise
Commercial Awareness
Leadership Skills
Team Development
Customer-Centric Mindset
Negotiation Skills
Relationship Management
Compliance Management
Market Trend Analysis
P&L Management
Change Management
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in the insurance sector, particularly in MGA operations and regulatory compliance. Use specific examples that demonstrate your leadership skills and successful projects.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Discuss how your vision aligns with the company's goals and how you can contribute to their strategic growth.

Highlight Relevant Achievements: In your application, emphasise your track record of driving profitable growth and managing P&L. Include metrics or outcomes from previous roles to illustrate your impact and effectiveness as a leader.

Prepare for Regulatory Questions: Given the focus on compliance and regulatory adherence, be ready to discuss your understanding of the Senior Manager and Certification Regime (SM&CR) and how it applies to the role. This will show your preparedness for the responsibilities involved.

How to prepare for a job interview at Simply Business

✨Showcase Your Leadership Experience

As a Regulatory Compliance Executive, you'll need to demonstrate your leadership skills. Prepare specific examples of how you've successfully led teams in the insurance sector, focusing on strategic growth and innovation.

✨Understand the Regulatory Landscape

Familiarise yourself with the latest regulations affecting MGAs and the insurance industry. Be ready to discuss how you have ensured compliance in previous roles and how you plan to navigate regulatory challenges in this position.

✨Demonstrate Financial Acumen

Since driving profitable growth is key, be prepared to discuss your experience with P&L management and financial performance. Highlight any successful strategies you've implemented that resulted in improved financial outcomes.

✨Prepare for Strategic Discussions

As a member of the UK Executive team, you'll need to provide strategic input. Think about how you can align the MGA strategy with the company's long-term vision and be ready to share your ideas on fostering a customer-centric culture.

Regulatory Compliance Executive
Simply Business
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