At a Glance
- Tasks: Provide compliance advice and shape the compliance function in a growing insurance business.
- Company: Dynamic international insurance company with ambitious growth plans.
- Benefits: Competitive salary, career development opportunities, and significant exposure to senior leadership.
- Other info: Join a forward-thinking team at an exciting stage of growth.
- Why this job: Make a real impact while navigating complex regulatory landscapes and influencing key business decisions.
- Qualifications: Experience in compliance within the insurance industry and strong stakeholder management skills.
The predicted salary is between 49500 - 60500 £ per year.
Senior Compliance Manager
An exciting opportunity has arisen for a Senior Compliance Manager to join a fast-paced, ambitious and growing international insurance business.
This is a high-profile position offering the opportunity to work closely with senior leadership and play a key role in shaping the compliance function as the business continues to expand.
The successful candidate will provide trusted compliance advice, help navigate complex regulatory requirements and ensure the right frameworks are in place to support the business's continued development.
This is a generalist, hands-on role suited to someone who enjoys operating at a senior level, taking ownership and influencing business decisions.
You'll have significant exposure to senior stakeholders and the opportunity to make a genuine impact, with the autonomy to help develop and strengthen the function.
About the Role
This is a broad, generalist compliance position, offering exposure to a wide range of regulatory and business activities across the insurance market.
You will work across multiple areas of the business, from underwriting and delegated authority through to sanctions, financial crime, governance and regulatory frameworks.
You will also take ownership of developing and maintaining the compliance framework, ensuring policies, procedures and controls remain effective as the business evolves.
This is an opportunity to step into a senior advisory position, bringing the experience and judgement to operate independently and provide support and challenge where needed.
- What You'll Be Doing
- Providing practical, risk-based compliance advice to senior stakeholders across the business, supporting new initiatives, business developments and emerging regulatory considerations.
- Acting as a senior compliance adviser to underwriting and operational teams, helping them navigate regulatory requirements and understand how these apply to their activities.
- Supporting the development and launch of new underwriting cells, MGAs and other business initiatives, ensuring appropriate compliance frameworks and controls are established.
- Taking ownership of the Group's compliance framework, policies and procedures, driving improvements and ensuring these remain relevant as the business grows.
- Advising on sanctions, financial crime and wider regulatory requirements.
- Overseeing regulatory arrangements relating to Appointed Representatives and delegated business, including onboarding, due diligence and ongoing monitoring.
- Supporting the business with SM&CR requirements, regulatory reporting and governance matters.
- Working closely with senior management, Legal, Risk and other key functions to maintain strong regulatory relationships and promote a consistent approach to compliance.
- Identifying potential risks, providing constructive challenge and helping the business maintain effective oversight across its operations.
About You
- Significant experience in a Compliance role within the insurance industry, ideally with exposure to the Lloyd's or London Market.
- A broad understanding of insurance compliance and the regulatory environment, rather than expertise in one specific compliance discipline.
- A good understanding of how insurance businesses operate, including underwriting, delegated authority and the regulatory considerations surrounding these activities.
- Experience providing practical compliance advice and working closely with senior stakeholders.
- Experience developing or improving compliance frameworks, policies and procedures.
- An understanding of FCA requirements, Appointed Representative arrangements and SM&CR.
- The ability to advise across different areas of the business, applying sound judgement to a varied range of regulatory and commercial challenges.
- The confidence to work autonomously, manage competing priorities and take ownership of key compliance activities.
- Excellent communication and stakeholder management skills, with the ability to influence, challenge and build relationships across different levels of the business.
Whether you're already operating at Senior Manager level or are an experienced Compliance Manager ready to take the next step, what's important is your technical capability, commercial judgement and ability to operate independently.
This is a fantastic opportunity to join an ambitious, forward-thinking insurance business at an exciting stage of its growth, where you'll have the visibility, autonomy and influence to help shape the future of its compliance function.
Senior Compliance Manager in London employer: Avencia
Avencia is an excellent employer, offering a dynamic and supportive work environment in Manchester where collaboration and professional growth are at the forefront. With competitive salaries, annual bonuses, and clear pathways for career progression, employees are empowered to excel in their roles while managing meaningful employment disputes. The company's commitment to fostering strong client relationships and providing comprehensive advisory services makes it a rewarding place to build a career in employment law.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compliance Manager in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Avencia looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Compliance Manager in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Avencia. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Avencia
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Avencia’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
