At a Glance
- Tasks: Support compliance and risk management in a global reinsurance company.
- Company: Join Everest Advisors, a leader in risk management with a collaborative culture.
- Benefits: Earn a Level 3 qualification, enjoy hybrid working, and access career progression.
- Why this job: Kickstart your career in financial services while making a real impact.
- Qualifications: A-levels or equivalent, strong problem-solving skills, and a proactive attitude.
- Other info: Inclusive culture that values learning and growth.
The predicted salary is between 800 - 1400 £ per month.
About Everest
Everest is a global leader in risk management with over 50 years of experience enabling businesses to thrive and economies to flourish. We underwrite risk growth and opportunity and we are committed to disciplined capital allocation and long-term value creation for all stakeholders. Our team cares deeply about our impact on communities and the wider world.
We have an exciting opportunity for a Compliance & Risk Apprentice to join our Reinsurance division in London for an 18 month placement. You will play an important role in supporting our UK branch operations alongside our Compliance Officer. This is a great opportunity to learn compliance and risk fundamentals in a collaborative global environment.
What is a Compliance & Risk Apprenticeship
This 18-month program is your chance to begin or advance your career in financial services while earning a Level 3 Compliance & Risk qualification. Compliance is all about helping businesses follow the rules - like keeping data safe and preventing financial crime. Risk management means spotting potential problems before they happen and making sure companies stay secure and trusted. You will join a global reinsurance company in London learning how the insurance/reinsurance market works and why compliance is so important. From supporting teams with regulations to helping protect against fraud, you will play a key role in keeping the business safe and fair.
Why is this exciting
- You will gain real-world experience in a professional office environment.
- Learn from experts and build skills that are in high demand across the world of risk.
- Enjoy a mix of work and study with full support to complete your qualification.
- Open the door to a long-term career in compliance, risk or financial services.
If you are curious, detail-oriented and want a career that matters, this is the perfect starting point!
Key Responsibilities:
- Providing advice, guidance and support for assigned business areas.
- Supporting the business in the implementation of new regulation.
- Supporting the Compliance Officer in the delivery of our Annual Compliance Plan.
- Promoting a robust transparent compliance and risk culture.
- Assisting with the identification, assessment, advice, monitoring and reporting against the applicable regulatory codes, laws and regulations impacting on reinsurance compliance.
- Assisting in compliance monitoring reviews and reports.
- Assisting in the preparation of Compliance reporting to senior management including contribution to board and committee reports to ensure senior management and Board members are up to date and aware of key compliance issues and actions required.
- Maintenance of the compliance registers.
- Carry out testing and review of our key controls in liaison with second and third line of defence teams including risk management and internal audit.
What We’re Looking For:
- Strong problem-solving and numeracy skills.
- You will have achieved (or be predicted) three A-levels or equivalent Level 3 qualifications (such as BTEC, T Level or Advanced Apprenticeship).
- Motivation to learn and develop in compliance and risk management.
- Excellent attention to detail and organisational skills.
- Good written and verbal communication skills.
- No prior insurance experience required but preferred.
- A proactive attitude and willingness to grow!
Why Join Us
- Structured Development: Gain a Level 3 Compliance & Risk qualification and hands-on experience in the London insurance market.
- Hybrid Working: Enjoy flexibility with two remote days per week.
- Career Progression: Clear pathway to permanent opportunities and professional certifications.
- Inclusive Culture: Be part of a collaborative supportive team that values learning and growth.
What if I don’t meet every requirement
At Everest, we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviours.
Our Values are the guiding principles that inform our decisions, actions and behaviours. They are an expression of our culture and an integral part of how we work: Talent, Thoughtful assumption of risk, Execution, Efficiency, Humility, Leadership, Collaboration, Inclusion and Belonging.
Our Colleague Behaviours define how we operate and interact with each other no matter our location, level or function: Respect everyone, Pursue better, Lead by example, Own our outcomes, Win together.
All colleagues are held accountable to upholding and supporting our values and behaviours across the company. This includes day-to-day interactions with fellow colleagues and the global communities we serve.
Type: Fixed Term (Fixed Term)
Time Type: Full time
Primary Location: London
Compliance Apprentice 18 month contract employer: Everest Group
Contact Detail:
Everest Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Apprentice 18 month contract
✨Tip Number 1
Network like a pro! Reach out to people in the compliance and risk management field, especially those at Everest. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for your interview by researching Everest's values and culture. Show us how you align with our mission and how you can contribute to our team. We love candidates who are genuinely excited about what we do!
✨Tip Number 3
Practice common interview questions related to compliance and risk. Think about scenarios where you've demonstrated problem-solving skills or attention to detail. We want to see how you think on your feet!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you're serious about joining our team at Everest.
We think you need these skills to ace Compliance Apprentice 18 month contract
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Compliance Apprentice role. Highlight any relevant coursework or projects that show your problem-solving abilities and attention to detail.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're excited about this apprenticeship. Share your motivation to learn about compliance and risk management, and how you can contribute to our team at Everest.
Showcase Your Communication Skills: Since good written communication is key for this role, ensure your application is clear and well-structured. Avoid jargon and keep it professional yet personable – we want to get to know you!
Apply Through Our Website: For the best chance of success, make sure to apply directly through our website. This way, we can easily track your application and you’ll be one step closer to joining our awesome team!
How to prepare for a job interview at Everest Group
✨Know Your Compliance Basics
Before the interview, brush up on the fundamentals of compliance and risk management. Understand key regulations that impact the reinsurance industry, as this will show your genuine interest in the role and help you answer questions confidently.
✨Showcase Your Problem-Solving Skills
Prepare examples from your past experiences where you've successfully solved problems or navigated challenges. This could be from school projects or part-time jobs. Highlighting your analytical skills will resonate well with the compliance focus of the role.
✨Ask Insightful Questions
At the end of the interview, don’t hesitate to ask questions about the company’s compliance culture or how they handle regulatory changes. This demonstrates your enthusiasm for the role and your proactive attitude towards learning.
✨Emphasise Your Attention to Detail
Since compliance work requires a keen eye for detail, be ready to discuss how you ensure accuracy in your work. Whether it’s through double-checking your assignments or using organisational tools, sharing these habits can set you apart.