Compliance Assurance Specialist in City of London

Compliance Assurance Specialist in City of London

City of London Full-Time 50000 - 60000 £ / year (est.) No home office possible
HFG Insurance Recruitment

At a Glance

  • Tasks: Support compliance assurance through monitoring, reviews, and insightful reporting.
  • Company: Major insurance company in the Lloyd's and Company markets.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Opportunity to work with stakeholders and enhance your career in a reputable firm.
  • Why this job: Join a vital team ensuring compliance and making a difference in the insurance industry.
  • Qualifications: Experience in Compliance, Risk, or Audit within the insurance sector is essential.

The predicted salary is between 50000 - 60000 £ per year.

A major insurance company that operates in the Lloyd's and Company markets is seeking an individual to join their compliance assurance team. In this position, you will support the delivery of the firm's oversight and assurance framework through conduct assurance reviews and compliance monitoring.

Duties include:

  • Assurance Monitoring
  • Delivering parts of the annual Oversight Assurance Plan.
  • Performing assurance reviews and maintaining records.
  • Tracking remediation actions and performing regular monitoring and investigations.
  • Supporting the development of the Oversight Assurance framework.
  • Working with stakeholders to support assurance activity.
  • Enhancing MI and producing clear, insightful reporting for governance committees.
  • Meeting PRA/FCA Conduct Rule standards and financial crime obligations.

It is essential that you have experience in a Compliance, Risk, Audit position with an insurance business (ideally London market insurance).

Compliance Assurance Specialist in City of London employer: HFG Insurance Recruitment

As a leading player in the insurance sector, our company offers a dynamic work environment that fosters professional growth and development. Employees benefit from a collaborative culture that prioritises compliance excellence and innovation, alongside competitive remuneration and comprehensive benefits. Located in the heart of London, we provide unique opportunities to engage with industry experts and contribute to impactful compliance initiatives within the Lloyd's and Company markets.
HFG Insurance Recruitment

Contact Detail:

HFG Insurance Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Compliance Assurance Specialist in City of London

✨Tip Number 1

Network like a pro! Reach out to folks in the insurance and compliance sectors on LinkedIn. Join relevant groups and engage in discussions. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of compliance frameworks and regulations. We recommend practising common interview questions related to assurance reviews and compliance monitoring. Confidence is key!

✨Tip Number 3

Showcase your skills! Create a portfolio that highlights your experience in compliance, risk, and audit roles. Include examples of assurance reviews you've conducted or reports you've produced. This will set you apart from the crowd.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Tailor your application to highlight your experience in the London market insurance sector, and let’s get you that Compliance Assurance Specialist role!

We think you need these skills to ace Compliance Assurance Specialist in City of London

Compliance Monitoring
Assurance Reviews
Oversight Assurance Framework
Stakeholder Engagement
Management Information (MI) Enhancement
Reporting Skills
PRA/FCA Conduct Rule Standards
Financial Crime Compliance
Risk Management
Audit Experience
Insurance Industry Knowledge
Investigative Skills
Remediation Tracking
Analytical Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in Compliance, Risk, or Audit, especially within the insurance sector. We want to see how your background aligns with the role, so don’t be shy about showcasing relevant skills and achievements!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about compliance assurance and how you can contribute to our oversight framework. Keep it engaging and personal – we love to see your personality come through!

Showcase Your Stakeholder Skills: Since this role involves working with various stakeholders, make sure to highlight any experience you have in collaboration and communication. We want to know how you’ve successfully supported assurance activities in the past!

Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at HFG Insurance Recruitment

✨Know Your Compliance Stuff

Make sure you brush up on your knowledge of compliance, risk, and audit practices, especially in the insurance sector. Familiarise yourself with the PRA/FCA Conduct Rules and financial crime obligations, as these will likely come up during the interview.

✨Showcase Your Assurance Experience

Be ready to discuss your previous experience with assurance monitoring and conducting reviews. Prepare specific examples of how you've contributed to oversight frameworks or improved compliance processes in past roles.

✨Engage with Stakeholders

Since this role involves working with various stakeholders, think about how you can demonstrate your ability to collaborate effectively. Share instances where you've successfully worked with different teams to support assurance activities or resolve compliance issues.

✨Prepare Insightful Reporting Examples

As part of the job, you'll need to produce clear and insightful reports. Bring along examples of reports you've created in the past, and be prepared to explain how you enhanced management information (MI) for governance committees.

Compliance Assurance Specialist in City of London
HFG Insurance Recruitment
Location: City of London

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