At a Glance
- Tasks: Support compliance strategies and ensure adherence to regulations across the EMEA region.
- Company: Join Cover Genius, a fast-growing insurtech protecting millions globally.
- Benefits: Flexible work environment, employee stock options, and social initiatives.
- Other info: Opportunity for career growth in a supportive and inclusive culture.
- Why this job: Make a real impact in a dynamic industry while collaborating with diverse teams.
- Qualifications: 3+ years in compliance within insurance and strong communication skills.
The predicted salary is between 49500 - 60500 £ per year.
About the Company
Cover Genius is a Series E Insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, Intuit, Hopper, Skyscanner, Ryanair, Turkish Airlines, and others. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year. Our diverse team across 20+ countries commits itself to diverse cultural programs, particularly “CG Gives” which funds development initiatives in global communities.
Our People are Bold, Authentic, Purposeful and Inspired.
About the Role
As a Compliance Specialist on our Compliance Team, you will assist with the implementation and maintenance of regulatory and licensing compliance strategies for Cover Genius across the EMEA region, including the UK. You will support the regional compliance manager in maintaining the company’s compliance programs and ensure that the insurance business has adequate controls, procedures, and processes in place to comply with all laws, regulations, and codes applicable to the sale of insurance, warranty, and related products.
Key Responsibilities
- Oversight of the company’s compliance requirements, policies, and internal guidelines.
- Support the compliance team with compliance requests including due diligence questionnaires and regulatory filings.
- Assist with the establishment and maintenance of the Compliance processes and procedures.
- Provide appropriate reporting to the company’s management and board, as well as external partners and regulators.
- Understand and be aware of regulatory changes and assist in providing implementation of required changes.
- Work cross-functionally with teams to facilitate responses to regulatory requests.
- Support periodic reviews to proactively identify compliance gaps.
What you will bring
- 3+ years experience in a compliance role within the insurance industry.
- Knowledge and understanding of Authorized Representative filings and relevant compliance obligations.
- Experience with identification, assessment, and management frameworks for insurance risks.
- Understanding of compliance analytics and risk measures.
- Ability to communicate complex ideas clearly and build relationships with key stakeholders.
- Ability to adapt quickly to a scale-up pace environment.
- Bachelor's degree in a relevant field; a postgraduate degree is desirable.
What you will have
- Cross-Functional Collaboration: Proven ability to partner across diverse teams.
- Organizational Excellence: Exceptional time management skills.
- Precision & Detail Orientation: Rigorous attention to detail and commitment to high-quality output.
Why Cover Genius?
Cover Genius cares about our team and provides a flexible work environment. We offer:
- Flexible Work Environment - hybrid work model.
- Global company opportunities.
- Employee Stock Options.
- Work with like-minded people passionate about giving back.
Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination or harassment of any kind.
Compliance Specialist, EMEA in London employer: Cover Genius
Cover Genius is an exceptional employer that prioritises flexibility and employee well-being, offering a hybrid work environment that allows for a balanced work-life dynamic. With a strong commitment to diversity and social responsibility through initiatives like CG Gives, employees are empowered to contribute to meaningful causes while enjoying opportunities for professional growth and ownership through stock options. Join a passionate team dedicated to innovation in the insurtech space, where your contributions directly impact global customer protection.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Specialist, EMEA in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Cover Genius looking for candidates who are engaged and informed.
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Cover Genius. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Cover Genius
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Cover Genius’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
