At a Glance
- Tasks: Support FCA-regulated firms by generating audit reports and analysing client documentation.
- Company: Join a highly decorated organisation in the financial services sector.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Make a substantial impact while developing your skills in a dynamic environment.
- Qualifications: Recent experience in insurance or consultancy, with strong analytical and communication skills required.
- Other info: Adaptability is key as the role evolves with market changes.
The predicted salary is between 44000 - 66000 £ per year.
Senior Insurance and Compliance Associate – London – Hybrid – up to £55,000
Embrace an exciting opportunity with a highly decorated organisation as a Senior Insurance and Compliance Associate, offering a pathway for professional growth in the financial services arena. Make a substantial impact by providing essential support to FCA-regulated firms.
Key Responsibilities:
– Generate comprehensive audit reports with minimal support.
– Progress from guided to independent client visits.
– Analyse and evaluate client documentation adeptly, aligning with relevant legal and regulatory frameworks.
– Contribute to FCA authorization applications for diverse firms, spanning insurance, consumer credit, and mortgage entities.
– Stay abreast of FCA and industry advancements, delivering timely updates to the firm.
– Directly engage with clients to address technical queries and guide them through the application process.
Technical Mastery:
– Demonstrate a nuanced understanding of the immediate and far-reaching implications when implementing regulations in practical scenarios.
– Showcase effective time management, prioritization skills, and the ability to delegate tasks adeptly.
– Execute all responsibilities meticulously, emphasizing quality and attention to detail.
– Possess operational knowledge of the insurance sector, with additional expertise in consumer credit and mortgage sectors deemed advantageous.
Experience/Qualifications:
– Recent and pertinent experience in an insurance firm, potentially including exposure to consumer credit or mortgage firms, or a consultancy background in insurance, consumer credit, and/or mortgage entities.
– Proficient in numerical skills, articulate communication, and analytical prowess, coupled with proficiency in all Microsoft packages.
– Thorough understanding of compliance principles.
Note: The scope of this role extends beyond the outlined duties, necessitating adaptability and a willingness to embrace change in response to the dynamic nature of the market.
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Senior Associate - Insurance & Credit employer: Berkeley Square IT
Contact Detail:
Berkeley Square IT Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Associate - Insurance & Credit
✨Tip Number 1
Familiarise yourself with the latest FCA regulations and compliance updates. This will not only help you in interviews but also demonstrate your commitment to staying informed about industry changes.
✨Tip Number 2
Network with professionals in the insurance and compliance sectors. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into the role and company culture.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your analytical skills and attention to detail. Highlight instances where you've successfully navigated compliance challenges or contributed to audit processes.
✨Tip Number 4
Demonstrate your understanding of the insurance sector by researching current trends and challenges. Being able to discuss these topics during your interview will show your enthusiasm and knowledge about the field.
We think you need these skills to ace Senior Associate - Insurance & Credit
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in insurance, compliance, and any exposure to consumer credit or mortgage sectors. Use specific examples that demonstrate your analytical skills and understanding of compliance principles.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities listed, particularly your ability to generate audit reports and engage with clients effectively.
Highlight Technical Mastery: In your application, emphasise your understanding of regulatory frameworks and your operational knowledge of the insurance sector. Provide examples of how you've successfully implemented regulations in past roles.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents. Check for grammatical errors, clarity, and ensure that all information is accurate and well-presented. Attention to detail is crucial for this role.
How to prepare for a job interview at Berkeley Square IT
✨Showcase Your Technical Mastery
Be prepared to discuss your understanding of compliance principles and how they apply in real-world scenarios. Highlight any specific experiences where you successfully navigated regulatory challenges, as this will demonstrate your expertise in the insurance sector.
✨Demonstrate Analytical Skills
Expect questions that assess your analytical abilities. Prepare examples of how you've evaluated client documentation or generated audit reports. Use these instances to illustrate your attention to detail and your ability to work independently.
✨Engage with Confidence
Since the role involves direct client engagement, practice articulating your thoughts clearly and confidently. Be ready to answer technical queries and guide clients through processes, showcasing your communication skills and approachability.
✨Stay Updated on Industry Trends
Research recent developments in the FCA regulations and the insurance industry. Being able to discuss current trends and their implications during your interview will show your commitment to staying informed and your proactive approach to professional growth.