Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead compliance oversight and assurance activities, ensuring adherence to regulations.
- Company: Join a major insurer thriving in the Lloyd's Market with a strong reputation.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Why this job: Make a real impact by enhancing compliance and influencing key stakeholders.
- Qualifications: Ideal candidates should have experience in compliance and strong analytical skills.
- Other info: This role offers a chance to innovate and shape compliance strategies.
The predicted salary is between 48000 - 72000 £ per year.
A major insurer that operates in the Lloyd's Market is currently seeking a Compliance Oversight and Assurance Manager. In this role, you will enable provision of assurance over compliance, to boards, external stakeholders and others.
On a day-to-day basis, you will:
- Deliver Compliance Oversight and Assurance activity
- Develop the annual Compliance Oversight & Assurance Monitoring Plan covering key compliance risks
- Deliver the annual Compliance Oversight and Assurance Monitoring Plan and manage resources to deliver as part of the annual and longer term Compliance Plan
- Report key findings from business transaction data on compliance controls and breaches to the Head of Compliance
- Bring an innovative approach to the collection, design and preparation of reports/MI on the performance and findings of Compliance Oversight & Assurance for committees and boards, external stakeholders and others
- Be responsible for monthly reports to the Head of Compliance and quarterly reports to the Executive Committee
- Manage special investigations/ad hoc oversight activity as required by the Head of Compliance
- Identify, report, record, analyse and escalate incidents and breaches including commentary on root cause
- Track outcomes from thematic and ad-hoc reviews to conclusion
Compliance Oversight & Assurance Manager employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Oversight & Assurance Manager
✨Tip Number 1
Familiarise yourself with the latest compliance regulations and standards relevant to the Lloyd's Market. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing field.
✨Tip Number 2
Network with professionals already working in compliance roles within the insurance sector. Attend industry events or join online forums to gain insights and potentially get referrals that could boost your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed compliance oversight or assurance activities in previous roles. Highlighting your practical experience will set you apart from other candidates.
✨Tip Number 4
Research the company’s recent compliance challenges or initiatives. Being able to speak knowledgeably about their current situation during your interview will show that you're proactive and genuinely interested in the role.
We think you need these skills to ace Compliance Oversight & Assurance Manager
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Compliance Oversight & Assurance Manager position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application.
Tailor Your CV: Customise your CV to highlight relevant experience in compliance oversight, assurance activities, and reporting. Use specific examples that demonstrate your ability to manage compliance risks and deliver reports effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for compliance and your innovative approach to assurance activities. Mention how your previous experiences align with the responsibilities outlined in the job description.
Highlight Key Achievements: In both your CV and cover letter, emphasise any significant achievements related to compliance management, such as successful audits or improvements in compliance processes. Quantify your successes where possible to make a stronger impact.
How to prepare for a job interview at HFG Insurance Recruitment
✨Understand Compliance Frameworks
Familiarise yourself with the key compliance frameworks relevant to the insurance industry, especially those applicable in the Lloyd's Market. This knowledge will demonstrate your expertise and ability to navigate complex regulatory environments.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world compliance scenarios. Prepare examples from your past experience where you successfully identified and managed compliance risks or breaches.
✨Showcase Your Reporting Skills
Be ready to discuss how you have previously designed and prepared reports on compliance performance. Highlight your ability to present complex data clearly and effectively to various stakeholders, including boards and committees.
✨Demonstrate Innovative Thinking
The role requires an innovative approach to compliance oversight. Think of examples where you introduced new methods or tools to enhance compliance monitoring and reporting, and be prepared to share these during the interview.
