At a Glance
- Tasks: Lead compliance strategy and oversee regulatory reporting for a global insurance leader.
- Company: Join Everest, a top player in risk management with a strong commitment to community impact.
- Benefits: Enjoy a competitive salary, hybrid work options, and opportunities for professional growth.
- Why this job: Make a real difference in compliance while shaping the future of a leading insurance firm.
- Qualifications: Expert knowledge of UK insurance regulations and proven leadership experience required.
- Other info: Be part of an inclusive culture that values collaboration and personal development.
The predicted salary is between 43200 - 72000 £ per year.
About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
About the Role: This is an excellent opportunity for you to step into a leadership role within a growing Compliance Function as a Compliance Manager, where you will provide expert oversight and strategic direction on UK regulatory requirements. In this role, you will hold responsibility for compliance oversight across two key entities: the newly authorised Everest Managing Agency Ltd (Lloyd's platform) and the Everest Insurance (Ireland) DAC UK Third Country Branch (Company platform). You will lead and manage a team of two Compliance Specialists. As a key partner to the wider Everest Compliance Function and senior business leaders, you will own and manage critical components of the UK compliance framework. You will leverage your in-depth, expert knowledge of the UK regulatory regime and London Market environment (including FCA, PRA and Lloyd's), provide authoritative advice and guidance to the business, and drive a strong culture of compliance through effective challenge and partnership. This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.
Role & Responsibilities:
- Support and Lead Compliance Framework & Strategy: You will support the SMF16 role holders in developing, implementing, and maintaining the compliance strategy and framework, ensuring it remains robust, effective, and aligned with UK regulatory expectations and overall business strategy.
- Oversee Regulatory Reporting: You will assist in the regulatory reporting function, including the strategic management of the Company and Lloyd's reporting timetable, and coordinate inputs for key regulatory engagements such as the PRA Periodic Summary Meeting (PSM). You will ensure the timely and accurate submission of all PRA and FCA returns via platforms such as BEEDS, FCA RegData and Connect, including the Eligible Complainant Return, RMAR, and Conduct Rules Breach Return. You will review all submissions prepared by the team.
- Provide Strategic Advice & Challenge: You will act as a senior compliance advisor to the business, leading second-line challenge and providing expert guidance on key topics such as Lloyd's Oversight Principles, Outsourcing (including Delegated Authority arrangements), Operational Resilience, Consumer Duty & Product Governance, the Senior Managers & Certification Regime, and Conduct & Culture.
- Drive Regulatory Change Management: You will collaborate with the wider team on regulatory horizon scanning and provide strategic advice to senior leadership on the impact of upcoming changes. You will interpret new regulations and direct the implementation of any required updates to policies and procedures across impacted business areas.
- Manage the Annual Compliance Monitoring Plan: You will support the SMF16 role holders in developing and managing the Annual Compliance Monitoring Plan for both the Lloyd's and Company platforms. You will ensure all monitoring activities are completed and highlight any findings, along with recommended remedial actions.
- Foster a Compliance Culture: You will act as a key strategic partner to business areas and senior stakeholders to embed and promote a strong risk and compliance culture across the organisation.
- Leadership and Mentorship: You will provide leadership, guidance, and mentorship to Compliance Specialists, supporting their professional development and ensuring the effective delivery of the compliance plan.
Qualifications: You will bring expert-level knowledge of the regulatory framework for UK insurance business, including the FCA, PRA and Lloyd's requirements. You will have proven experience operating in a senior second-line function within a Company Market insurer and/or a Lloyd's Managing Agent. You will also bring substantial experience in compliance, including time spent in senior or leadership roles.
Knowledge, Skills & Competencies: You are highly collaborative, with a proven ability to build strong relationships both internally and externally. You demonstrate strong leadership qualities, with the ability to organise, delegate, and prioritise workloads for your team to meet challenging deadlines. You have exceptional communication and influencing skills, with a proven ability to engage with and advise senior executives, and to build effective working relationships across the business. You bring a strategic mindset, strong analytical skills, and the ability to provide pragmatic, commercially focused compliance solutions. Professional qualifications (such as ACII or the ICA Diploma in Governance, Risk and Compliance) are highly desirable.
What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. 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.
Compliance Manager employer: Everest Insurance
Contact Detail:
Everest Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the compliance field. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Everest and its compliance culture. Understand their values and how they align with your own. This will help you articulate why you're the perfect fit for the Compliance Manager role and show that you’re genuinely interested.
✨Tip Number 3
Practice your answers to common compliance interview questions. Think about your past experiences and how they relate to the responsibilities of the role. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can go a long way in showing your enthusiasm for the position. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Compliance Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with UK regulatory requirements and compliance frameworks. We want to see how your background aligns with the role of Compliance Manager at Everest!
Showcase Your Leadership Skills: Since this role involves leading a team, don’t forget to mention any leadership or mentorship experiences you’ve had. We’re looking for someone who can inspire and guide others, so let that shine through in your application.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to describe your skills and experiences, as we appreciate direct communication that gets to the heart of the matter.
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining the Everest team!
How to prepare for a job interview at Everest Insurance
✨Know Your Regulations
Make sure you brush up on the UK regulatory framework, especially FCA, PRA, and Lloyd's requirements. Being able to discuss these confidently will show that you’re not just familiar with compliance but are also ready to lead in this area.
✨Showcase Your Leadership Skills
Prepare examples of how you've successfully led teams or projects in the past. Everest is looking for someone who can mentor Compliance Specialists, so highlight your leadership style and how you foster a strong compliance culture.
✨Be Ready for Strategic Discussions
Think about how you would approach strategic advice and challenge within a compliance framework. Be prepared to discuss how you would manage regulatory changes and implement updates across business areas.
✨Demonstrate Collaboration
Everest values collaboration, so come equipped with examples of how you've built strong relationships with stakeholders. Discuss how you’ve worked with senior executives to drive compliance initiatives and how you can bring that collaborative spirit to their team.