Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Legal team to design a compliance framework and engage with stakeholders.
- Company: Fast-growing insurance brokerage in London, aiming for the top 20 in the UK.
- Benefits: Competitive salary, discretionary bonus, and flexible work options.
- Why this job: Great opportunity for ambitious candidates to develop into global leaders in compliance.
- Qualifications: Qualified lawyer or equivalent experience in legal compliance within the Insurance sector.
- Other info: Work 2 days a week in the office and be a key player in risk management.
The predicted salary is between 33000 - 77000 £ per year.
Job Description
Risk & Compliance Associate – Insurance
£55,000 per annum + discretionary bonus + benefits
City of London, 2 days a week in the office
Audit & Risk Recruitment are delighted to be partnering with an insurance brokerage based in the City of London. Founded within the last decade, our client is one of the fastest growing intermediaries in the UK, with big plans to break in to the top 20 in the near future. We are helping them to source a Risk & Compliance Associate to join their Legal team. This is a role that can develop into a global leadership position – ambitious candidates are encouraged to apply.
Key responsibilities will include the design and development of a legal compliance framework covering (but not limited to) Financial Crime, Anti-Money Laundering, Sanctions and Data Privacy. You will help to ensure that appropriate controls are in place to mitigate against these risks, and will contribute to the development of the group-wide risk management framework. This is a business facing role, and you will engage with stakeholders at all levels of seniority as a legal compliance and risk champion, to run training workshops and as the \’go to\’ for all things legal compliance.
The ideal candidate for this role will be a qualified lawyer, or have comparable experience working as part of a legal function. You will need to have worked in the Insurance sector, and have knowledge of Financial Crime and Sanctions in the context of legal compliance. You\’ll also need to be a self-starter who will enjoy building relationships in a business facing role.
#J-18808-Ljbffr
Risk & Compliance Associate - Insurance employer: Audit & Risk Recruitment
Contact Detail:
Audit & Risk Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk & Compliance Associate - Insurance
✨Tip Number 1
Familiarize yourself with the latest regulations and compliance frameworks in the insurance sector. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the insurance and compliance sectors. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at the brokerage you're applying to.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed compliance risks in previous roles. Highlight your experience with Financial Crime, Anti-Money Laundering, and Sanctions to show that you can hit the ground running.
✨Tip Number 4
Demonstrate your ability to engage with stakeholders at all levels. Think of ways you can showcase your communication skills and your experience in running training workshops during the interview process.
We think you need these skills to ace Risk & Compliance Associate - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk and compliance, particularly within the insurance sector. Emphasize any qualifications or roles that demonstrate your understanding of Financial Crime, Anti-Money Laundering, and Data Privacy.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background as a qualified lawyer or your comparable experience aligns with the responsibilities outlined in the job description.
Showcase Your Stakeholder Engagement Skills: Since this role involves engaging with stakeholders at all levels, provide examples in your application of how you've successfully built relationships and communicated effectively in previous positions.
Highlight Your Self-Starter Attitude: Demonstrate your proactive nature by including specific instances where you took initiative in your past roles. This will show that you are a self-starter who can thrive in a business-facing environment.
How to prepare for a job interview at Audit & Risk Recruitment
✨Show Your Legal Expertise
Make sure to highlight your qualifications and experience in legal compliance, especially within the insurance sector. Be prepared to discuss specific cases or scenarios where you've successfully navigated financial crime and sanctions.
✨Demonstrate Stakeholder Engagement Skills
Since this role involves engaging with stakeholders at various levels, prepare examples of how you've effectively communicated and collaborated with different teams. This will showcase your ability to be a 'go to' person for legal compliance.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world situations related to risk management and compliance. Think about how you would design a compliance framework or handle a compliance breach.
✨Express Your Ambition
This position has the potential to develop into a global leadership role. Share your career aspirations and how you see yourself growing within the company. This will demonstrate your commitment and ambition to contribute to their growth.
