At a Glance
- Tasks: Support the Conduct Risk team in enhancing a strong conduct culture and ensuring regulatory compliance.
- Company: Join AXIS Capital, a leading global provider of specialty insurance and reinsurance.
- Benefits: Enjoy competitive salary, health plans, wellness programmes, and tuition reimbursement.
- Other info: Dynamic work environment with opportunities for growth and collaboration.
- Why this job: Make a meaningful impact in the insurance industry while developing your career.
- Qualifications: Experience in conduct risk within the insurance market and strong communication skills.
The predicted salary is between 55000 - 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. This means that we bring our whole selves to work.
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.
- 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.
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
- Knowledge of the London/Lloyd’s market
- Proficient in using Microsoft applications, particularly Excel.
- Strong analytical skills
In this role, you will typically be required to be in the office 3 days per week.
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.
Rewarding. Challenging. Meaningful. We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.
Conduct Risk Officer employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Conduct Risk Officer
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. Building relationships can open doors that a CV just can't.
✨Ace the Interview
Prepare for your interviews by researching AXIS Capital and understanding their values. Be ready to discuss how your experience aligns with their mission and how you can contribute to their conduct culture.
✨Showcase Your Skills
During interviews, don’t just talk about your past roles; demonstrate your skills! Use examples from your experience in conduct risk management to show how you can add value to the team.
✨Follow Up
After your interview, send a quick thank-you note. It shows your appreciation and keeps you on their radar. Plus, it’s a great chance to reiterate your enthusiasm for the role!
We think you need these skills to ace Conduct Risk Officer
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 the role and how your background aligns with AXIS’s values. Be genuine and let your personality come through!
Showcase Your Interpersonal Skills: Since building relationships is key in this role, make sure to mention any experiences where you’ve successfully collaborated with teams or stakeholders. We want to see how you can bring people together!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at AXIS Capital
✨Know Your Conduct Risk Stuff
Make sure you brush up on your knowledge of conduct risk, especially within the Lloyd’s/London insurance market. Familiarise yourself with the current FCA regulatory requirements and be ready to discuss how they impact the role.
✨Build Relationships in the Interview
Since this role involves collaborating with underwriting teams, think about how you can demonstrate your strong 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 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.