At a Glance
- Tasks: Support conduct risk management and enhance procedures for better customer outcomes.
- Company: Join AXIS Capital, a leading global insurance provider with a strong ethical culture.
- Benefits: Enjoy competitive pay, health plans, wellness programs, and tuition reimbursement.
- Other info: Flexible work environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in the insurance industry while building strong relationships.
- Qualifications: Experience in conduct risk and knowledge of FCA regulations preferred.
The predicted salary is between 50000 - 65000 £ per year.
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
The AXIS Conduct Risk team are seeking a dynamic individual to join our team to support the Head of Conduct Risk and the Insurance business in driving forward a strong conduct culture to deliver good outcomes for customers/policyholders and ensuring that all regulatory requirements are met. A key aspect of this role is building and maintaining effective relationships with the underwriting teams to provide guidance and support and ensure ongoing engagement.
What will you do in this role?
- Support the operation of the firm’s Conduct Risk and Product Governance Framework by maintaining, developing, and enhancing procedures related to conduct risk management.
- Undertake conduct risk assessments on individual underwriting arrangements, providing constructive feedback to the business on necessary changes, and ensuring all actions from the assessments are completed promptly and thoroughly.
- Collaborate with Underwriting teams to prepare accurate information for the Conduct Risk Group, take minutes during meetings, and ensure all actions are closed.
- Monitor and analyse Conduct MI, identifying trends or issues, and ensuring they are communicated and addressed appropriately within the business.
- Work with the Underwriting units to review AXIS’s insurance products, collaborating with the Claims, Complaints, and Compliance functions, and incorporating relevant MI.
- Assist in the operation of the Product Working Group, preparing relevant MI, contributing to meetings, and helping to drive product improvements.
- Liaise with the AXIS Compliance team to provide a unified response to the business regarding regulatory requirements.
- Produce and present conduct-related management information that facilitates oversight of the firm's products and underwriting arrangements.
- Support the Head of Conduct Risk in the effective functioning of the Conduct Risk Group and the Conduct Committee, assisting in the preparation of meeting packs, minuting meetings, and driving the completion of actions.
- Perform other job-related duties as assigned, relevant to the Conduct department.
About You
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have
- Conduct risk experience within the Lloyd’s/London insurance market or General Insurance.
- Working knowledge of insurance industry practices and the current FCA regulatory requirements.
- Knowledge and experience in Conduct MI analysis.
- Ability to communicate effectively, including on technical concepts.
- Strong interpersonal skills.
- Ability to build trust by operating with integrity and professionalism.
- Ability to multitask and manage conflicting priorities.
What we prefer you to have
- Knowledge of the London/Lloyd’s market.
- Proficient in using Microsoft applications, particularly Excel.
- Strong analytical skills.
Role Factors
In this role, you will typically be required to be in the office 3 days per week.
What we offer
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
Conduct Risk Officer in London employer: AXIS (AXIS Capital)
Contact Detail:
AXIS (AXIS Capital) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Conduct Risk Officer in London
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those who work at AXIS or similar companies. A friendly chat can open doors and give you insights that might just help you land that Conduct Risk Officer role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of conduct risk and FCA regulations. We want to see you shine, so practice explaining complex concepts in simple terms. This will show your communication skills and understanding of the industry.
✨Tip Number 3
Don’t forget to showcase your interpersonal skills! During interviews, share examples of how you've built trust and collaborated with teams. This is key for the Conduct Risk Officer role, so let your personality shine through.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows your enthusiasm for joining AXIS and being part of our amazing team. We can’t wait to see what you bring to the table!
We think you need these skills to ace Conduct Risk Officer in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Conduct Risk Officer role. Highlight your relevant experience in conduct risk and the insurance market, and don’t forget to showcase your analytical skills and ability to communicate effectively.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background aligns with AXIS's values. Be sure to mention your understanding of regulatory requirements and your experience in building relationships.
Showcase Your Interpersonal Skills: Since this role involves collaboration with underwriting teams, make sure to highlight your strong interpersonal skills. Share examples of how you've built trust and worked effectively with others in previous roles.
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at AXIS (AXIS Capital)
✨Know Your Conduct Risk Stuff
Make sure you brush up on your conduct risk knowledge, especially within the Lloyd’s/London insurance market. Familiarise yourself with FCA regulatory requirements and be ready to discuss how your experience aligns with these aspects.
✨Build Relationships in the Interview
Since this role involves collaborating with underwriting teams, think about how you can demonstrate your interpersonal skills. Prepare examples of how you've built trust and maintained effective relationships in previous roles.
✨Show Off Your Analytical Skills
Be prepared to talk about your experience with Conduct MI analysis. Bring specific examples of how you've identified trends or issues in the past and how you communicated those findings effectively to your team.
✨Prepare for Technical Questions
Expect some technical questions related to conduct risk management and product governance. Practice explaining complex concepts in a simple way, as clear communication is key in this role.