At a Glance
- Tasks: Support senior leaders in risk management and compliance across Aon UK Business Units.
- Company: Join Aon, a global leader in shaping better decisions for people worldwide.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on diversity and inclusion.
- Why this job: Make a real impact by advising on risks and developing innovative solutions.
- Qualifications: Dynamic personality with awareness of risk and compliance in the insurance sector.
The predicted salary is between 60000 - 75000 £ per year.
We’re hiring! Aon are currently recruiting a Risk & Compliance Business Partner to join our team in London / Hybrid working. The Risk & Compliance Business Partner will be primarily responsible for supporting the senior members of the Risk & Compliance Business Partner Team (e.g. Director, and Senior Partner) in providing advice, oversight and challenge on issues and risks, including involvement in the development of new products, business and/or operating models and functional processes and facilitate periodic risk assessments undertaken by Solution Lines/Business Areas, in line with the wider Enterprise Risk Management framework.
Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organisation, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
About the Role
Your impact as a Risk & Compliance Business Partner:
- Act as a trusted advisor and key point of contact for any risk, compliance or governance queries.
- Support the senior members of the Solution Lines/Business Areas e.g. Wholesale Broking via Aon’s flagship Global Broking Centre in London in providing advice, oversight and challenge on issues and risks, including involvement in the development of new products, business and/or operating models and functional processes.
- Facilitate periodic risk assessments undertaken by Solution Lines/Business Areas, in line with the wider Enterprise Risk Management framework.
- Liaise with other risk and compliance areas and act as the ‘facilitator’ between these and the business to ensure the business has access to the right second line resource.
- Build enduring relationships with key business stakeholders and help promote a risk & compliance aware culture.
- Build awareness, through the wider Risk & Compliance team, of key regulatory changes and support the impacted areas through design and implementation.
- Support and contribute to the Business Partner Team strategy and wider Risk & Compliance initiatives.
- Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
About you
Your knowledge and expertise:
- General awareness of the international sanctions landscape.
- General awareness of international (re)insurance licensing requirements or overseas regulation criteria.
- Dynamic and proactive personality, bringing energy and enthusiasm to learn and enjoy the many aspects of the role – primarily as a business partner to the 1st line.
- Confidence and credibility to work collaboratively with the organisation’s most senior management and directors.
- Able to demonstrate commercial awareness, general business acumen, and basic strategic planning.
- Demonstrate attention to detail, excellent verbal, interpersonal and written communication skills.
- Ability to identify and include key stakeholders, take positive action on an assigned task/topic/objective/deliverable in an effective diplomatic fashion being mindful of the needs of the R&CBP team – led by the Director.
- Early to mid-career experience working with an international re/insurance intermediary, its business and processes; or recent experience working in ‘digitalisation change’ projects e.g. use of common AI applications to improve the distribution of financial services / insurance products.
Risk and Compliance Business Partner in London employer: Aon
Aon is an exceptional employer, offering a dynamic and inclusive work culture that fosters collaboration and innovation in the heart of London. With a strong commitment to employee development, Aon provides numerous growth opportunities and encourages a proactive approach to learning, making it an ideal environment for those looking to advance their careers in risk and compliance. The hybrid working model further enhances work-life balance, allowing employees to thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Risk and Compliance Business Partner in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Aon looking for candidates who are engaged and informed.
We think you need these skills to ace Risk and Compliance Business Partner in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Aon. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Aon
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Aon’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
