At a Glance
- Tasks: Support the development and enhancement of the conduct risk framework.
- Company: Reputable Lloyd's Managing Agent with a strong compliance focus.
- Benefits: Competitive salary, professional growth, and a supportive work environment.
- Other info: Dynamic role with opportunities to stay ahead of industry trends.
- Why this job: Make a real impact on customer outcomes and regulatory compliance.
- Qualifications: 2 years' experience in risk or compliance within insurance.
The predicted salary is between 50000 - 60000 £ per year.
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 escalating 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.
- Assist in 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
Arthur is an exceptional employer, offering a dynamic work environment that prioritises employee growth and development within the insurance sector. As a Conduct Risk Analyst, you will benefit from a strong commitment to fostering a culture of compliance and conduct excellence, alongside opportunities for professional advancement in a reputable Lloyd's Managing Agent. With a focus on fair customer outcomes and regulatory alignment, you will be part of a collaborative team that values innovation and integrity, making it a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Conduct Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working in compliance or conduct risk. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA requirements and conduct risk frameworks. We recommend having specific examples ready to showcase your experience and how you can contribute to a strong conduct culture.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values. When you find a role that excites you, apply through our website to ensure your application gets the attention it deserves!
✨Tip Number 4
Stay updated on industry trends and regulatory changes. This not only helps in interviews but also shows potential employers that you're proactive and genuinely interested in the field of conduct risk.
We think you need these skills to ace Conduct Risk Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Conduct Risk Analyst role. Highlight your experience in risk or compliance, especially within insurance, and showcase your understanding of conduct risk and FCA requirements. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about conduct risk and how you can contribute to our team. Be sure to mention any relevant experience and how you can help us enhance our conduct risk framework.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, make sure to include examples of how you've used data to identify trends or assess risks in your previous roles. We love seeing candidates who can back up their claims with real-life experiences!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Arthur
✨Know Your Conduct Risk Basics
Make sure you brush up on the fundamentals of conduct risk and FCA requirements. Understand how these regulations impact customer outcomes and be ready to discuss how you can contribute to a strong conduct culture.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities by discussing past experiences where you've interpreted data or identified trends. Bring examples of how you've used these skills to enhance compliance or risk frameworks in previous roles.
✨Familiarise Yourself with Regulatory Developments
Stay updated on the latest regulatory changes and industry best practices. Be prepared to discuss how these developments could affect the conduct risk framework and what proactive steps you would take to ensure compliance.
✨Communicate Clearly and Confidently
Since excellent communication is key for this role, practice articulating your thoughts clearly. Prepare to explain complex concepts in simple terms, especially when discussing customer outcomes and product oversight.
