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 60000 - 84000 £ 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
Network with professionals in the insurance sector, especially those who have experience in conduct risk management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in compliance.
✨Tip Number 2
Stay updated on the latest regulatory changes affecting the insurance industry. Subscribe to relevant newsletters or follow regulatory bodies on social media to ensure you are well-informed and can discuss these topics during interviews.
✨Tip Number 3
Prepare to demonstrate your understanding of the UK regulatory framework by reviewing case studies or recent compliance issues within the insurance sector. This will help you articulate your insights and experiences effectively during discussions.
✨Tip Number 4
Practice your communication skills by engaging in mock interviews with peers or mentors. Focus on articulating complex regulatory concepts clearly and concisely, as this will be crucial when interacting with senior executives and stakeholders.
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 experience in managing complaints in line with regulatory obligations.
Showcase Communication Skills: Since strong communication skills are essential for this role, provide examples in your application that demonstrate your ability to engage with colleagues at all levels, including senior executives. Highlight any experience you have in representing your organisation in industry or regulatory groups.
Highlight Organisational Skills: Given the importance of organisational skills for this position, include details about how you manage multiple tasks and ensure attention to detail in your work. You could mention specific tools or methods you use to stay organised and efficient.
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 Compliance Experience
Share examples from your previous roles where you successfully developed and implemented compliance plans or frameworks. This will show your practical experience and ability to handle conduct-related regulatory requirements.
✨Engage with Stakeholders
Prepare to discuss how you've worked with various business areas and stakeholders in the past. Emphasise your communication skills and ability to build relationships, as this is crucial for fostering a strong risk and compliance culture.
✨Be Ready for Scenario Questions
Expect questions that require you to think on your feet, such as how you would respond to a sudden regulatory change. Practising these scenarios can help you articulate your thought process and decision-making skills effectively.