At a Glance
- Tasks: Join a dynamic team to assess conduct risks and ensure compliance in the insurance sector.
- Company: Arthur Recruitment partners with a leading Lloyd's Insurer, known for its innovative approach.
- Benefits: Enjoy a hybrid work model, competitive pay, and opportunities for professional growth.
- Why this job: Make a real impact on consumer outcomes while collaborating with diverse teams in a supportive culture.
- Qualifications: Degree level education and 3 years of experience in Compliance and Conduct Risk are essential.
- Other info: Financial Crime experience within Lloyd's is required; Lloyd's experience is a plus.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Arthur are working with a reputable Lloyd's Managing Agent as they enhance their Conduct Risk function with the appointment of a Conduct Risk Analyst.
Reporting into the Head of Compliance, you will be tasked with supporting the development, implementation, and ongoing enhancement of the conduct risk framework. The role focuses on identifying, assessing, monitoring, and reporting conduct risks to ensure fair customer outcomes, regulatory compliance, and alignment with Lloyd’s and FCA expectations.
Key Duties
- Support the design, implementation, and maintenance of the conduct risk framework, policies, and procedures.
- Assist in embedding a strong conduct culture across wider business units.
- Ensure alignment with Lloyd’s Minimum Standards and applicable regulatory requirements.
- Develop and maintain conduct risk indicators (KRIs) and dashboards.
- Monitor emerging conduct risks and escalate issues where appropriate.
- Support product oversight and governance processes, ensuring products deliver fair value and meet target market needs.
- Review product lifecycle documentation and provide conduct risk input into product approvals and changes.
- Assist in assessing customer outcomes, including vulnerable customer considerations.
- Assisting the preparation of conduct risk reports for internal committees (e.g., Risk Committee, Conduct Committee).
- Support regulatory reporting and responses to FCA/Lloyd’s queries.
- Stay up to date with regulatory developments and industry best practices.
About You
- Risk or Compliance background within insurance, ideally with 2+ years' experience
- Understanding of conduct risk, FCA requirements (e.g., Consumer Duty), and Lloyd’s oversight expectations.
- Strong analytical skills with the ability to interpret data and identify trends.
- Excellent written and verbal communication skills.
- Attention to detail and ability to manage multiple priorities.
Conduct Risk Analyst employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Conduct Risk Analyst
✨Tip Number 1
Network with professionals in the compliance and conduct risk field. Attend industry events or webinars to connect with people who work at Lloyd's Insurers, as they can provide valuable insights and potentially refer you to open positions.
✨Tip Number 2
Familiarise yourself with the latest regulations and trends related to Consumer Duty and Conduct Risk. Being well-versed in these topics will not only boost your confidence but also demonstrate your commitment to staying updated in this evolving field.
✨Tip Number 3
Prepare for interviews by practising common questions related to conduct risk and compliance. Think about specific examples from your past experience that showcase your skills and knowledge in these areas, especially any relevant financial crime experience.
✨Tip Number 4
Engage with the company’s online presence. Follow their social media accounts and participate in discussions. This shows your interest in the company and can help you learn more about their culture and values, which is crucial for a successful interview.
We think you need these skills to ace Conduct Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Compliance and Conduct Risk, especially within the London Market. Emphasise any relevant qualifications and your understanding of Consumer Duty and Product Governance.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Discuss your experience with Conduct Risk Committees and Fair Value Assessments, and how you can contribute to the team.
Highlight Relevant Experience: In your application, clearly outline your Financial Crime experience, particularly if it relates to Lloyd's. Use specific examples to demonstrate your expertise and how it aligns with the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial in the Compliance field.
How to prepare for a job interview at Arthur Recruitment
✨Know Your Conduct Risk Fundamentals
Make sure you have a solid understanding of conduct risk principles, especially in relation to Consumer Duty and Product Governance. Brush up on relevant regulations and be prepared to discuss how they apply to the role.
✨Showcase Your Experience
Highlight your previous experience in compliance and conduct risk, particularly within the London Market. Be ready to provide specific examples of how you've handled similar responsibilities in past roles.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in conduct risk situations. Think about how you would approach conducting Fair Value Assessments or managing stakeholder collaboration.
✨Demonstrate Your Communication Skills
As a Conduct Risk Analyst, you'll need to communicate complex information clearly. Practice explaining technical concepts in simple terms, as you may need to deliver training or report findings to various stakeholders.