At a Glance
- Tasks: Oversee compliance frameworks and ensure effective monitoring across insurance activities.
- Company: Join a leading insurance firm committed to regulatory excellence.
- Benefits: Attractive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic role with potential for career advancement in a supportive environment.
- Why this job: Make a real difference in compliance and help shape industry standards.
- Qualifications: Experience in compliance monitoring and strong analytical skills.
The predicted salary is between 50000 - 60000 € per year.
The Compliance Manager supports the Head of Compliance/SMF16 in operating an effective compliance framework across regulated insurance intermediary activities. The role is primarily second-line oversight, responsible for delivering the compliance monitoring plan, maintaining key compliance policies and controls, supporting regulatory change implementation, and producing high-quality MI and reporting.
Responsibilities
- Execute and maintain a risk-based Compliance Monitoring Programme (CMP).
- Provide compliance oversight support across distribution, customer communications/financial promotions, complaints, claims-related conduct oversight, product governance, and outsourcing/third parties.
- Support the embedding of Consumer Duty outcomes monitoring and evidence.
- Assist in maintaining SMCR governance hygiene (Conduct Rules training governance support, SoRs/maps support as required).
- Help ensure robust breach/incident management, action tracking, and evidence retention.
Required Skills
- Deliver monitoring activity in line with the CMP, including planning, testing, sampling, and documentation.
- Produce clear monitoring outputs: findings, root cause, risk rating, remediation actions, owners, and deadlines.
- Track remediation through to completion; elevate to the Head of Compliance for overdue/high-risk actions.
- Maintain monitoring workpapers and evidence in a manner fit for audit/regulator review.
Preferred Skills
- Sales and renewals controls (including scripts/journeys, disclosures, demand & needs).
- Financial promotions and customer communications governance.
- Complaints handling oversight (DISP compliance, root cause, redress controls).
- Consumer Duty outcome monitoring and MI.
- Product governance controls and distribution performance.
- Third-party oversight controls (MI, QA themes, complaint themes, SLAs).
Compliance Manager in Bath employer: Avetix
As a Compliance Manager at our company, you will be part of a dynamic and supportive work environment that prioritises compliance excellence and employee development. We offer comprehensive training programmes, opportunities for career advancement, and a culture that values collaboration and innovation, all set in a vibrant location that fosters both professional and personal growth.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager in Bath
✨Tip Number 1
Network like a pro! Reach out to people in the compliance field, especially those who work in insurance. 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 compliance frameworks and regulations. We recommend creating a cheat sheet with key points to discuss, so you can impress the interviewers with your expertise.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific instances where you executed compliance monitoring or managed incidents. This will help you stand out as a candidate who knows their stuff.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Compliance Manager in Bath
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Manager role. Highlight your experience with compliance frameworks, monitoring programmes, and any relevant regulatory knowledge. 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 compliance and how your background makes you a great fit for our team. Don’t forget to mention specific experiences that relate to the job description.
Showcase Your Achievements:When detailing your past roles, focus on your achievements rather than just responsibilities. Use metrics where possible to demonstrate your impact, like successful compliance initiatives or improvements in monitoring processes. We love numbers!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we can’t wait to see what you bring to the table!
How to prepare for a job interview at Avetix
✨Know Your Compliance Framework
Make sure you understand the compliance framework relevant to the role. Brush up on key regulations and how they apply to insurance intermediaries. This will show that you're not just familiar with the basics but can also engage in deeper discussions about compliance strategies.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your problem-solving skills in compliance situations. Think of examples from your past experience where you successfully managed compliance issues or implemented monitoring plans. Be ready to discuss the outcomes and what you learned.
✨Showcase Your Analytical Skills
As a Compliance Manager, you'll need to produce clear monitoring outputs and track remediation actions. Prepare to discuss how you've used data analysis in previous roles to identify risks and improve compliance processes. Bring specific examples to the table!
✨Understand Consumer Duty Outcomes
Familiarise yourself with the concept of Consumer Duty and how it impacts compliance monitoring. Be prepared to discuss how you would support the embedding of these outcomes in your work. Showing that you’re proactive about consumer protection will set you apart.
