At a Glance
- Tasks: Lead compliance efforts and develop Conduct Risk frameworks in a dynamic insurance environment.
- Company: Join a leading insurance firm committed to regulatory excellence and risk management.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact on compliance culture while collaborating with diverse teams.
- Qualifications: Experience in insurance compliance and a strong grasp of UK regulations are essential.
- Other info: Opportunity to represent the company in industry groups and enhance your professional network.
The predicted salary is between 48000 - 72000 £ per year.
You will provide expertise on regulatory requirements related to Conduct Risk, supporting the development and implementation of policies and frameworks that ensure regulatory compliance across the business. The successful candidate will have a strong background in managing conduct-related regulatory requirements. You will play a key role in developing the Conduct Risk framework.
Duties:
- Develop and implement the compliance plan for oversight of Conduct Risk.
- Offer compliance advisory services, identifying and responding to regulatory and legislative changes.
- Assist in the interpretation and implementation of new or amended regulation.
- Oversee and provide challenge on regulatory submissions.
- Attend Product Oversight meetings.
- Manage and report on complaints in line with regulatory obligations.
- Provide feedback and challenge to the first line of defence.
- Conduct monitoring reviews of first-line procedures according to the compliance monitoring plan.
- Work closely with various business areas and stakeholders to foster a strong risk and compliance culture.
- Develop and maintain a comprehensive compliance training program.
- Represent the business in relevant industry or regulatory groups, as appropriate.
Knowledge, Skills & Competencies:
- Proven experience in compliance within the insurance sector.
- Strong understanding of the UK regulatory framework within the insurance industry.
- In-depth knowledge of regulatory requirements for conduct-exposed insurance businesses.
- Exceptional organisational skills with a keen attention to detail.
- Strong communication skills, with the ability to engage with colleagues at all levels, including senior executives, and build effective relationships across the business.
Senior Conduct Manager employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Conduct Manager
✨Tip Number 1
Familiarise yourself with the latest regulatory changes in the insurance sector. Being well-versed in current regulations will not only help you in interviews but also demonstrate your proactive approach to compliance.
✨Tip Number 2
Network with professionals in the conduct risk and compliance field. Attend industry events or webinars to connect with others who can provide insights into the role and potentially refer you to opportunities at StudySmarter.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed conduct-related regulatory requirements in your previous roles. Highlighting your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Research StudySmarter's values and culture, and think about how your background aligns with them. Being able to articulate this connection during discussions will show that you're a great fit for our team.
We think you need these skills to ace Senior Conduct Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in compliance within the insurance sector. Emphasise your understanding of the UK regulatory framework and any specific conduct-related regulatory requirements you've managed.
Craft a Strong Cover Letter: In your cover letter, clearly articulate your expertise in developing and implementing compliance plans for Conduct Risk. Mention specific examples of how you've responded to regulatory changes and your role in fostering a risk and compliance culture.
Showcase Relevant Skills: Highlight your organisational skills and attention to detail in your application. Provide examples of how you've successfully managed complaints and conducted monitoring reviews in previous roles.
Prepare for Industry Knowledge: Be ready to discuss your knowledge of the insurance industry and regulatory groups during the application process. Demonstrating your ability to engage with senior executives and build relationships will be crucial.
How to prepare for a job interview at Arthur Recruitment
✨Showcase Your Regulatory Knowledge
Make sure to highlight your understanding of the UK regulatory framework, especially as it pertains to the insurance sector. Be prepared to discuss specific regulations and how they impact conduct risk management.
✨Demonstrate Your Advisory Skills
Prepare examples of how you've provided compliance advisory services in the past. Discuss how you identified and responded to regulatory changes, showcasing your proactive approach to compliance.
✨Emphasise Your Communication Abilities
Since the role involves engaging with colleagues at all levels, practice articulating complex regulatory concepts in a clear and concise manner. Think of examples where you've successfully communicated with senior executives or cross-functional teams.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to handle real-life compliance challenges. Prepare scenarios where you've had to manage complaints or oversee regulatory submissions, detailing your thought process and outcomes.