At a Glance
- Tasks: Conduct compliance audits and monitor regulatory risks in the insurance sector.
- Company: Join a dynamic insurance division focused on compliance excellence.
- Benefits: Collaborative team environment with opportunities for professional growth.
- Other info: Opportunity for international exposure and varied compliance work.
- Why this job: Take ownership of audits and shape a strong compliance culture.
- Qualifications: 2+ years in compliance audit with strong FCA knowledge required.
The predicted salary is between 40000 - 50000 € per year.
We are seeking an experienced Compliance Auditor / Compliance Monitoring Officer to join the Compliance team within our Insurance Division. This role offers the opportunity to deliver a risk‑based compliance monitoring programme across internal operations and external insurance distribution partners, covering Multi‑lines, Travel, and Accident & Health business lines. Reporting to the Compliance Officer, you will independently manage audits from planning through to reporting and action closure, providing assurance to the business, identifying regulatory risks, and supporting regulatory compliance across multiple jurisdictions. The role is primarily office‑based with remote auditing and occasional UK and European travel.
Key Responsibilities
- Deliver 2nd line risk‑based compliance audits and monitoring reviews
- Define audit scopes aligned to FCA requirements and business risks
- Conduct fieldwork including evidence reviews, interviews, walkthroughs, and control testing
- Produce clear audit reports with practical recommendations
- Identify root causes and support remediation activity
- Track and validate completion of audit actions
- Build strong relationships with internal stakeholders and external partners
- Support thematic reviews and regulatory readiness activity
- Maintain accurate audit documentation and records
- Keep up to date with regulatory developments and industry expectations
About You
- You will have experience in Compliance Assurance, Compliance Monitoring, or Compliance Audit within financial services, ideally insurance distribution.
- Minimum 2 years’ experience in a 2nd line compliance monitoring/audit role
- Strong FCA regulatory knowledge including PRIN, SYSC, ICOBS, and DISP
- Experience auditing third parties, intermediaries, or outsourced providers
- Strong analytical, investigative, and report‑writing skills
- Excellent stakeholder management and communication skills
- Ability to manage multiple audits independently
- High levels of professionalism, integrity, and independence
- Good Microsoft Office and audit/compliance systems knowledge
- ICA, CII, or other compliance qualifications
- Exposure to MFSA or wider European regulatory frameworks
What We Offer
- Exposure to international insurance operations
- Broad and varied compliance assurance work
- Supportive and collaborative team environment
If you are looking for a role where you can take ownership of audits and contribute to a strong compliance culture within a growing insurance business, we would like to hear from you.
Associate Compliance Auditor employer: Collinson Group
Join our dynamic Compliance team within the Insurance Division, where we foster a supportive and collaborative work culture that values integrity and professionalism. As an Associate Compliance Auditor, you will have the opportunity to engage in diverse compliance assurance work, gain exposure to international insurance operations, and develop your skills in a role that encourages ownership and growth. With a focus on employee development and a commitment to maintaining a strong compliance culture, we are dedicated to providing a rewarding and meaningful career path for our team members.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Compliance Auditor
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance and insurance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your FCA knowledge and compliance regulations. Be ready to discuss how you've tackled compliance challenges in the past. Show them you’re not just a candidate, but the right fit for their team!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills. Plus, it shows you’re genuinely interested in joining our team. Let’s get you on board!
We think you need these skills to ace Associate Compliance Auditor
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your compliance audit experience and any relevant qualifications to show us you’re the right fit for the role.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re passionate about compliance and how your background aligns with our needs. Be specific about your experience with FCA regulations and auditing, as this will grab our attention.
Showcase Your Analytical Skills:In your application, don’t forget to mention examples of how you've used your analytical skills in past roles. We want to see how you’ve tackled complex compliance issues and what outcomes you achieved.
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 shows us you’re keen on joining our team!
How to prepare for a job interview at Collinson Group
✨Know Your Regulations
Make sure you brush up on FCA regulations like PRIN, SYSC, ICOBS, and DISP. Being able to discuss these confidently will show that you’re not just familiar with compliance but that you understand the nuances of the role.
✨Prepare for Practical Scenarios
Think about real-life examples where you've conducted audits or compliance monitoring. Be ready to walk through your process from planning to reporting, as this will demonstrate your hands-on experience and problem-solving skills.
✨Build Rapport with Stakeholders
Since relationship-building is key in this role, prepare to discuss how you've successfully managed relationships with internal teams or external partners in the past. Highlight your communication skills and how they’ve helped you in previous roles.
✨Showcase Your Analytical Skills
Be prepared to talk about how you identify root causes during audits and how you support remediation activities. Use specific examples to illustrate your analytical thinking and how it has led to successful outcomes in your previous positions.
