At a Glance
- Tasks: Lead compliance efforts and ensure adherence to regulations in a strategic role.
- Company: Join an independent broker making waves in the employee benefits market across Europe.
- Benefits: Enjoy a hybrid work model with some travel opportunities and a dynamic work environment.
- Why this job: Be at the forefront of compliance, shaping policies and making a real impact in the industry.
- Qualifications: Must have insurance or employee benefits experience and a strong compliance background.
- Other info: Position available in Surrey or Manchester, perfect for those looking to grow their career.
The predicted salary is between 48000 - 72000 £ per year.
About Us: Independent broker who operate across Europe who also have a foothold in the employee benefits market.
Job Description: We are seeking a strategic Head of Compliance to lead the compliance function. This pivotal role will oversee our compliance efforts across all operations, including a focus on the Employee Benefits division. Based in either Surrey or Manchester, you will ensure that our operations adhere to all regulatory requirements and internal policies. You must have Insurance or employee benefits experience and have experience in implementing a robust compliance framework.
Key Responsibilities:
- Develop, implement, and oversee the company\’s compliance program.
- Ensure compliance with UK and international regulations governing the insurance brokerage and employee benefits sectors.
- Provide expert advice and guidance on compliance matters to senior management and the Board of Directors.
- Conduct regular risk assessments and compliance audits.
- Implement and manage compliance training programs for employees.
- Oversee investigations into compliance issues and breaches, developing corrective action plans.
- Maintain up-to-date knowledge of industry trends, regulatory changes, and best practices.
This is a hybrid role but will have some travel across the offices.
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Head of Compliance employer: IDEX Consulting
Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance
✨Tip Number 1
Familiarize yourself with the latest UK and international regulations related to insurance and employee benefits. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance.
✨Tip Number 2
Network with professionals in the compliance field, especially those who have experience in the insurance or employee benefits sectors. Engaging with industry peers can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on industry trends and best practices by following relevant publications and attending webinars. This will equip you with the knowledge to discuss current challenges and solutions during your conversations with us.
✨Tip Number 4
Prepare to discuss your experience in developing and implementing compliance frameworks. Be ready to share specific examples of how you've successfully navigated compliance challenges in previous roles.
We think you need these skills to ace Head of Compliance
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Head of Compliance position. Understand the key responsibilities and required experience, especially in insurance or employee benefits.
Tailor Your CV: Customize your CV to highlight relevant experience in compliance, particularly in the insurance or employee benefits sectors. Use specific examples that demonstrate your ability to develop and implement compliance programs.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your strategic vision for the compliance function. Mention your experience with regulatory requirements and how you can contribute to the company's compliance efforts.
Highlight Leadership Skills: Emphasize your leadership skills and experience in managing compliance teams. Provide examples of how you've successfully led compliance initiatives and trained employees in previous roles.
How to prepare for a job interview at IDEX Consulting
✨Showcase Your Compliance Expertise
Make sure to highlight your experience in developing and implementing compliance programs, especially in the insurance or employee benefits sectors. Be prepared to discuss specific frameworks you've worked with and how they align with regulatory requirements.
✨Demonstrate Strategic Thinking
As a Head of Compliance, strategic oversight is crucial. Prepare examples of how you've approached compliance challenges strategically in the past, and be ready to discuss how you would apply that thinking to this role.
✨Prepare for Risk Assessment Discussions
Since conducting risk assessments is a key responsibility, familiarize yourself with common methodologies and be ready to discuss how you've conducted them in previous roles. Highlight any successful audits or corrective actions you've implemented.
✨Stay Updated on Regulatory Changes
The compliance landscape is always evolving. Show that you are proactive by discussing recent regulatory changes and how they impact the industry. This will demonstrate your commitment to maintaining up-to-date knowledge in the field.