At a Glance
- Tasks: Manage compliance programs and assess regulatory changes in a dynamic insurance environment.
- Company: Join a charitable foundation's trading arm with a fun and supportive culture.
- Benefits: £50K pro-rata salary, generous holiday, and hybrid working options.
- Why this job: Make a real impact in a highly ethical and philanthropic workplace.
- Qualifications: 3+ years in general insurance compliance with FCA regulations knowledge.
- Other info: Potential for contract extension and excellent career growth opportunities.
The predicted salary is between 30000 - 70000 £ per year.
We are exclusively recruiting for a general insurance firm who seek a Risk & Compliance Manager to support the Head of Risk & Compliance in a generalist risk & compliance role.
Responsibilities
- Maintain compliance programs, policies, and procedures to ensure adherence to relevant laws, regulations, and industry standards.
- Monitor and assess regulatory changes, emerging risks, and industry trends to identify potential compliance issues and recommend appropriate actions.
- Conduct compliance risk assessments and audits to evaluate the effectiveness of controls and identify areas for improvement.
- Investigate allegations of non-compliance, fraud, misconduct, or unethical behaviour, and recommend corrective actions and preventive measures.
- Provide guidance and advice to employees on compliance matters, including regulatory requirements, company policies, and ethical standards.
- Maintain accurate records of compliance activities, including audit findings, investigation reports, training records, and compliance documentation.
- Prepare and submit regulatory filings, reports, and disclosures as required by applicable laws and regulations.
- Conduct due diligence reviews and risk assessments for third-party vendors, partners, and business associates to ensure compliance with contractual obligations and regulatory requirements.
- Identify and evaluate risk issues within the organisation.
- Prepare reports detailing the risk areas and providing risk mitigation recommendations.
Qualifications / Requirements
You should have at least three years experience in general insurance compliance with a strong working knowledge of FCA regulations including SMCR and Consumer Duty principles with proven experience in managing compliance activity including monitoring & reporting processes.
Additional information
The role is 3 days per week in their pleasant South Bank office (close to Waterloo or walkable from London Bridge) and the position has an attractive benefits package. There is also the possibility that the contract will be extended.
Please note that the company is the trading arm of a Charitable Foundation which sets salary levels for the business. So, while the salary on offer is not as high as might be expected in the City, they are looking for someone who would be interested in working in a highly ethical, fun, supportive and philanthropic environment.
So, if that sounds like you, then please send your details to Gary Collins at gary@symescollins.com (including contact number) however please note we cannot reply to all applications so only successful applications will be contacted (although under no circumstances are your details ever passed on without your specific permission).
Compliance Recruitment Solutions Limited (CRS) are acting as an employment agency in relation to this role. The recruiter has stated that all applicants for this job should be able to prove that they are legally entitled to work in the UK. Through application, all candidates signify their acceptance of the above information and confirm that the information they provide is true and accurate to the best of their knowledge.
6 MONTH CONTRACT: RISK & COMPLIANCE MANAGER - GENERAL INSURANCE COMPLIANCE EXPERIENCE REQUIRED in London employer: Compliance Recruitment Solutions (Dublin, Geneva, London & Madrid)
Contact Detail:
Compliance Recruitment Solutions (Dublin, Geneva, London & Madrid) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land 6 MONTH CONTRACT: RISK & COMPLIANCE MANAGER - GENERAL INSURANCE COMPLIANCE EXPERIENCE REQUIRED in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and compliance sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by researching the company’s compliance culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice common interview questions related to risk and compliance. Think about your past experiences and how they relate to the role. We recommend doing mock interviews with friends or using online platforms to boost your confidence.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace 6 MONTH CONTRACT: RISK & COMPLIANCE MANAGER - GENERAL INSURANCE COMPLIANCE EXPERIENCE REQUIRED in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Risk & Compliance Manager. Highlight your experience in general insurance compliance and any specific knowledge of FCA regulations. We want to see how your background aligns with 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 you can contribute to our ethical and supportive environment. Keep it concise but impactful – we love a good story!
Showcase Relevant Experience: When detailing your experience, focus on your achievements in compliance roles. Mention any audits you've conducted or compliance programs you've implemented. We’re keen to see how you’ve made a difference in previous positions!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Compliance Recruitment Solutions (Dublin, Geneva, London & Madrid)
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of FCA regulations, especially SMCR and Consumer Duty principles. Be ready to discuss how you've applied these in your previous roles, as this will show that you’re not just familiar with the theory but can also implement it effectively.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled compliance issues in the past. Think about specific situations where you identified risks or non-compliance and what actions you took to resolve them. This will demonstrate your proactive approach and ability to handle challenges.
✨Understand the Company Culture
Since this role is within a charitable foundation, it’s important to convey your alignment with their ethical values. Research the company’s mission and be ready to discuss why you want to work in a supportive and philanthropic environment. This will help you stand out as a candidate who fits their culture.
✨Prepare Questions for Them
Interviews are a two-way street, so think of insightful questions to ask about the team dynamics, compliance challenges they face, or how they measure success in this role. This shows your genuine interest and helps you assess if the company is the right fit for you.