At a Glance
- Tasks: Shape and oversee regulatory compliance frameworks in a dynamic environment.
- Company: Highly respected UK insurer with a strong reputation.
- Benefits: Hybrid work model, competitive salary, and significant influence on compliance strategy.
- Other info: Join a well-established insurer with excellent career growth opportunities.
- Why this job: Make a real impact on regulatory compliance and governance at a senior level.
- Qualifications: Deep expertise in PRA regulation and experience engaging with regulators.
The predicted salary is between 70000 - 90000 £ per year.
Birchlake Recruitment are currently partnering with a highly respected UK insurer to appoint a Senior Prudential Compliance Manager. This is an excellent opportunity for an experienced Prudential Compliance professional to play a key role in shaping and overseeing regulatory compliance frameworks within a complex and evolving regulatory environment. This is a hybrid role, with the expectation to work in the office 1-2 days a week.
Key responsibilities include:
- Acting as the subject matter expert on PRA regulation and prudential compliance
- Leading the development and maintenance of the Group Compliance Policy Framework
- Owning and enhancing the ORSA process, ensuring integration with enterprise risk management and business planning
- Providing expert interpretation of complex regulatory requirements and translating these into practical policies, frameworks and controls
- Leading regulatory horizon scanning, with a particular focus on Solvency UK developments and supervisory expectations
- Managing engagement with the PRA, including regulatory submissions, reviews and ongoing supervisory interaction
- Supporting Board and Executive governance through high-quality reporting and insight on regulatory compliance and emerging risks
The successful candidate will bring:
- Deep expertise in PRA regulation and prudential frameworks, including Solvency II / Solvency UK and ORSA
- Strong understanding of the interaction between FCA and PRA requirements
- Experience engaging directly with regulators and managing supervisory relationships
- The ability to translate complex regulatory requirements into practical business policies and controls
- Experience leading compliance monitoring, oversight and assurance activities
This role offers the opportunity to join a well-established insurer where you will have significant influence over prudential compliance strategy, regulatory engagement and governance frameworks at a senior level.
Senior Prudential Compliance Manager in Southampton employer: Birchlake Recruitment
Join a highly respected UK insurer that values expertise and innovation in the field of prudential compliance. With a hybrid working model, you will enjoy a flexible work-life balance while contributing to a collaborative culture that prioritises professional growth and development. This role not only offers the chance to shape regulatory frameworks but also provides access to ongoing training and mentorship, ensuring you thrive in your career within a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Prudential Compliance Manager in Southampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and compliance sectors. Attend industry events or webinars where you can meet potential employers or colleagues who might know about openings. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of PRA regulations and Solvency II. We recommend creating a cheat sheet of key points and examples from your experience that demonstrate your expertise. This will help you stand out as the go-to person for regulatory compliance.
✨Tip Number 3
Showcase your skills through real-life scenarios. When discussing your experience, use the STAR method (Situation, Task, Action, Result) to clearly articulate how you've tackled compliance challenges. This will help interviewers see your problem-solving abilities in action.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, applying directly shows your enthusiasm and commitment to joining the team. Let’s get you that Senior Prudential Compliance Manager role!
We think you need these skills to ace Senior Prudential Compliance Manager in Southampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Prudential Compliance Manager role. Highlight your experience with PRA regulation and any relevant frameworks like Solvency II. We want to see how your background aligns with the key responsibilities mentioned in the job description.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences where you've led compliance initiatives or engaged with regulators, as this will show us you understand the complexities of the position.
Showcase Your Expertise:Don’t shy away from showcasing your deep expertise in prudential compliance. Whether it's through your CV or cover letter, make sure to include examples of how you've successfully navigated regulatory environments and developed compliance frameworks in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values!
How to prepare for a job interview at Birchlake Recruitment
✨Know Your Regulations
Make sure you brush up on PRA regulations and Solvency II/UK. Being able to discuss these topics confidently will show that you're not just familiar with the requirements but can also translate them into practical policies.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've successfully managed compliance frameworks or engaged with regulators. This will help demonstrate your expertise and how it aligns with the company's needs.
✨Engage with Insight
Be ready to discuss current trends in regulatory compliance and how they might impact the insurer. Showing that you’re proactive about horizon scanning will highlight your strategic thinking.
✨Communicate Clearly
Practice explaining complex regulatory concepts in simple terms. This skill is crucial for translating regulations into actionable policies, and it will impress the interviewers when you can communicate effectively with both technical and non-technical stakeholders.
