At a Glance
- Tasks: Lead compliance efforts in Conduct Risk and develop essential frameworks.
- Company: Join a leading insurance firm committed to regulatory excellence.
- Benefits: Enjoy hybrid working, competitive salary, and professional development opportunities.
- Why this job: Make a real impact on compliance culture while collaborating with diverse teams.
- Qualifications: Experience in insurance compliance and strong knowledge of UK regulations required.
- 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 within their organisations.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed conduct-related regulatory requirements in previous roles. Highlighting your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Research StudySmarter's values and culture. Understanding our mission and how we operate will allow you to tailor your conversations during interviews, showing 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 Compelling Cover Letter: In your cover letter, clearly articulate your expertise in developing and implementing compliance plans for Conduct Risk. Use specific examples from your past roles to demonstrate how you have successfully navigated regulatory changes and fostered a strong risk and compliance culture.
Showcase Communication Skills: Since strong communication skills are essential for this role, ensure that your application reflects your ability to engage with colleagues at all levels. Mention instances where you've effectively communicated complex regulatory information to senior executives or stakeholders.
Highlight Organisational Skills: Given the importance of organisational skills in this position, provide examples of how you've managed multiple compliance projects or initiatives simultaneously. Detail your approach to maintaining attention to detail while overseeing regulatory submissions and monitoring reviews.
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 Experience
Share concrete examples from your past roles where you successfully managed conduct-related regulatory requirements. This could include developing compliance plans or overseeing regulatory submissions.
✨Engage with Stakeholders
Since the role involves working closely with various business areas, be ready to discuss how you've built relationships with stakeholders in previous positions. Highlight your communication skills and ability to foster a strong risk and compliance culture.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities in real-world situations. Think about how you would handle changes in regulation or manage complaints in line with regulatory obligations, and be ready to articulate your thought process.