Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead compliance initiatives and manage complaints while supporting regulatory reporting.
- Company: Join Faraday, a stable subsidiary of Berkshire Hathaway in the insurance sector.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Why this job: Make a real impact in compliance within a dynamic and collaborative team.
- Qualifications: Experience in compliance, particularly in the Lloyd's market, is essential.
- Other info: Opportunity for career growth in a respected financial institution.
The predicted salary is between 36000 - 60000 £ per year.
About Us
Faraday is part of the General Re Corporation, a wholly owned subsidiary of Berkshire Hathaway. In this respect we have a uniquely solid and stable financial capability. Faraday's Syndicate 435 at Lloyd's underwrites Aviation, Casualty (North American Specialist Lines, Financial Lines, International Casualty and UK Liability Insurance), Property (Direct & Facultative and Treaty), Accident & Health, Agriculture and Energy. Ten distinct teams underwrite a diverse range of risks worldwide both on an insurance and reinsurance basis, developing close and mutually supportive relationships with clients and brokers in our chosen markets. Our customers are at the heart of everything we do.
We are currently offering an excellent opportunity for an Interim Compliance Manager to join the Faraday Compliance Team on a 12-month fixed term contract.
Context and Purpose of the Role
The Faraday Compliance Function is responsible for all aspects of the Faraday compliance framework, including conduct risk, financial crime, Lloyd’s Principle Based Oversight, SMCR and regulatory reporting. It is also responsible for delegated authority management and complaints handling. We are seeking an Interim Compliance Manager to support the team in these activities. The ideal candidate will be able to work independently, offer insight and opinions on compliance matters, and work collaboratively with the team and the business. The role would suit an experienced Lloyd's market Compliance Professional looking to join a small team and make a significant contribution.
Key Responsibilities
- Take a lead role in supporting Faraday's Consumer Duty and Fair Value frameworks, including coordinate Product Risk Assessments and coordinating consumer duty and fair value assessments, monitoring and annual reports.
- Manage complaints, including investigations, writing response letters and managing reporting to Lloyd’s and FOS.
- Assist with financial crime and sanctions assessments.
- Respond to queries from the business on financial crime and sanctions matters.
- Support team with Lloyd's and FCA regulatory reporting.
- Support Compliance Monitoring Programme.
- Assist with SMCR and other related governance matters.
- Support the Head of Compliance with compliance implementation projects.
- Assist with horizon scanning and regulatory change projects.
- Assist with PBO assessments and reporting.
Competencies
- Excellent oral and written communication skills, with the ability to articulate complex compliance matters clearly and concisely to various audiences.
- Experience in presenting and communicating effectively at Committees, Boards, or similar forums.
- Friendly, approachable, and professional demeanour.
- Excellent planning and organisation skills, with the ability to manage multiple tasks effectively and drive projects to completion, demonstrating a proactive approach to problem-solving and task management.
- A strong focus on completing activities to meet internal and external reporting deadlines, with a pragmatic and solutions-oriented approach and a commitment to developing collaborative relationships with business stakeholders.
- Demonstrates initiative in identifying and addressing issues, performing thorough analysis, and developing effective solutions.
- Adopts a pragmatic and proportionate approach to problem-solving.
- Ability to work effectively with minimal supervision.
Experience & Qualifications
- Proven experience in Compliance within the general insurance industry.
- Experience within the Lloyd's Market is highly desirable.
- Strong understanding and experience of conduct regulations, complaints and product governance required.
- Experience of financial crime and Lloyd’s regulatory reporting desirable.
- Experience in preparing high-quality reports and presentations for Senior Management review.
Closing Date 10 October 2025
Address Corn Exchange 55 Mark Lane London, EC3R 7NE (UK)
It is the continuing policy of the Gen Re Group to afford Equal Opportunity to qualified individuals without regard to race, colour, sex (including childbirth or related medical conditions), religion, national origin or citizenship, sexual orientation, gender identity, or any characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
Compliance Manager in City of London employer: Faraday
Contact Detail:
Faraday Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Manager in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance and insurance sectors. Attend industry events or webinars where you can meet potential employers or colleagues. Remember, sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching Faraday and understanding their compliance framework. Be ready to discuss how your experience aligns with their needs, especially around conduct risk and financial crime. Show them you’re not just another candidate, but someone who truly gets their business.
✨Tip Number 3
Practice your communication skills! Since the role requires excellent oral and written communication, consider doing mock interviews with friends or mentors. This will help you articulate complex compliance matters clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Good luck!
We think you need these skills to ace Compliance Manager in City of London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in compliance, especially within the Lloyd's market. We want to see how your skills align with our needs at Faraday!
Showcase Your Communication Skills: Since excellent communication is key for this role, use your application to demonstrate your ability to articulate complex compliance matters clearly. We love seeing examples of how you've effectively communicated in past roles.
Highlight Your Problem-Solving Abilities: We’re looking for someone who can tackle challenges head-on. Share specific instances where you’ve identified issues and developed effective solutions in your previous compliance roles.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensure you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Faraday
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of compliance regulations, especially those relevant to the Lloyd's market. Be ready to discuss specific examples from your past experience that demonstrate your understanding of conduct regulations and financial crime.
✨Showcase Your Communication Skills
Since excellent communication is key for this role, practice articulating complex compliance matters clearly. Prepare to present a mock report or response letter during the interview to showcase your writing skills and ability to communicate effectively with various audiences.
✨Demonstrate Proactive Problem-Solving
Think of instances where you've identified compliance issues and taken the initiative to resolve them. Be prepared to share these examples, highlighting your analytical skills and how you developed effective solutions in a timely manner.
✨Familiarise Yourself with Faraday's Values
Research Faraday’s approach to consumer duty and fair value frameworks. Understanding their commitment to customer-centric practices will help you align your answers with their values and show that you're genuinely interested in contributing to their mission.
