At a Glance
- Tasks: Support compliance for network members through audits and regulatory guidance.
- Company: Join a leading Broker Network Risk & Compliance team in a remote role.
- Benefits: Enjoy 26 days holiday, competitive salary, and professional development opportunities.
- Why this job: Make a real impact by ensuring compliance and supporting brokers in the insurance industry.
- Qualifications: Extensive FCA knowledge and experience in compliance consultancy required.
- Other info: Remote work with some travel; ideal for organised and proactive individuals.
The predicted salary is between 36000 - 60000 £ per year.
This remote based opportunity is to join our Broker Network Risk & Compliance (R&C) Team. You will provide network members with compliance support through an annual programme of audit and health-check activities, the provision of guidance and support on key regulatory requirements. We are seeking someone based in the West Midlands (near Birmingham) or Wales. Some nationwide travel will be required, involving overnight stays. A full UK driving licence is therefore required.
What You Will Do
- Understand the Networks Proposition from strategy and objectives to operational infrastructure and performance.
- Have a broad and/or specialist knowledge of the FCA requirements in relation to general insurance; understand the rationale behind standards set and anticipate likely changes or demands which may affect brokers/intermediaries.
- Conduct visits and audits of allocated members' regulatory processes and systems and controls.
- Identify issues that pose significant risk to the Bravo Network companies, identified through member audits, member visits or otherwise. Monitor progress of remedial actions through to a satisfactory conclusion.
- Provide consultancy guidance and support to members on the key general insurance regulatory requirements through visits and/or requests for compliance support, helping to embed a compliant culture within Network members.
- Report on Network member regulatory activity undertaken, including whether key controls are operating effectively and remedial actions.
- Perform remote file auditing for participating members – a service focusing on assessing file handling in line with the ICOBS rules and guidance.
Qualifications And Experience
- Extensive knowledge of the FCA and key regulatory regimes applicable to general insurance.
- Experience of working in a compliance consultancy role within a general insurance intermediary.
- Comprehensive knowledge of best practice in compliance and control frameworks.
- Demonstrable experience of delivering training.
This is an opportunity for an individual with high functional and technical knowledge and experience of the FCA regulatory environment together with strong relationship building, communication and time management skills. You will need to be an organised, focused proactive individual who is able to advise and train others on technical subjects.
Holiday entitlement of 26 days plus.
Compliance Consultant in London employer: Bravo Networks
Contact Detail:
Bravo Networks Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Consultant in London
✨Tip Number 1
Network, network, network! Reach out to professionals in the compliance field, especially those who work with general insurance. Use platforms like LinkedIn to connect and engage with them; you never know who might have a lead on your dream job!
✨Tip Number 2
Prepare for interviews by brushing up on FCA regulations and compliance best practices. We recommend creating a cheat sheet of key points to discuss, so you can confidently showcase your knowledge and experience during the interview.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation for the opportunity. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Compliance Consultant role! We’re always looking for passionate individuals who want to make a difference in the compliance landscape, so don’t miss out on the opportunity to join us.
We think you need these skills to ace Compliance Consultant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Compliance Consultant role. Highlight your experience with FCA regulations and compliance consultancy, as well as any relevant training you've delivered. We want to see how your skills match 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 your knowledge of general insurance and your ability to build relationships.
Showcase Your Experience: In your application, be sure to showcase specific examples of your past work in compliance. Whether it's conducting audits or providing consultancy support, we want to see how you've made an impact in previous roles. Numbers and outcomes can really help here!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining the StudySmarter family!
How to prepare for a job interview at Bravo Networks
✨Know Your FCA Stuff
Make sure you brush up on your knowledge of the FCA requirements related to general insurance. Be ready to discuss how these regulations impact brokers and intermediaries, and think about any recent changes that could affect compliance.
✨Showcase Your Consultancy Skills
Prepare examples from your past experience where you've successfully provided compliance consultancy. Highlight how you identified risks and implemented solutions, as well as any training you've delivered to help others understand compliance better.
✨Demonstrate Your Relationship-Building Abilities
Since this role involves working closely with network members, be ready to talk about how you've built strong relationships in previous roles. Share specific instances where your communication skills helped resolve compliance issues or fostered a compliant culture.
✨Be Organised and Proactive
Show that you're an organised individual by discussing how you manage your time and priorities. Think of examples where your proactive approach led to successful audits or compliance checks, and be prepared to explain how you monitor progress on remedial actions.