At a Glance
- Tasks: Lead compliance efforts and ensure adherence to regulations in a dynamic environment.
- Company: Join an independent broker with a strong presence in Europe and employee benefits.
- Benefits: Enjoy hybrid work options and opportunities for travel across offices.
- Why this job: Make a real impact by shaping compliance strategies in a reputable company.
- Qualifications: Experience in insurance or employee benefits and a solid compliance background required.
- Other info: This role offers a chance to work closely with senior management and the Board.
The predicted salary is between 43200 - 72000 £ per year.
Job description
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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Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance
✨Tip Number 1
Network with professionals in the compliance and insurance sectors. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in compliance.
✨Tip Number 2
Familiarise yourself with the specific regulations that govern the insurance brokerage and employee benefits sectors in the UK and Europe. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 3
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.
✨Tip Number 4
Research StudySmarter's values and mission. Understanding our culture and how compliance fits into our overall strategy will help you articulate why you're a great fit for the Head of Compliance position.
We think you need these skills to ace Head of Compliance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in compliance, particularly within the insurance or employee benefits sectors. Use specific examples of how you've developed and implemented compliance frameworks in previous roles.
Craft a Compelling Cover Letter: In your cover letter, emphasise your strategic vision for compliance and how it aligns with the company's goals. Mention your ability to provide expert advice to senior management and your experience in conducting risk assessments.
Showcase Relevant Skills: Highlight key skills such as regulatory knowledge, risk assessment capabilities, and training program development. Make sure to demonstrate your understanding of both UK and international regulations relevant to the role.
Proofread and Edit: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a compliance role.
How to prepare for a job interview at IDEX Consulting
✨Showcase Your Compliance Expertise
Make sure to highlight your experience in the insurance or employee benefits sectors. Be prepared to discuss specific compliance frameworks you've implemented and how they benefited your previous employers.
✨Demonstrate Strategic Thinking
As a Head of Compliance, strategic oversight is key. Prepare examples of how you've developed and executed compliance programmes that align with business objectives, showcasing your ability to think critically and strategically.
✨Prepare for Regulatory Questions
Expect questions about UK and international regulations relevant to the insurance brokerage and employee benefits sectors. Brush up on recent regulatory changes and be ready to discuss how you would ensure compliance in these areas.
✨Emphasise Training and Development
Discuss your experience in implementing compliance training programmes. Be ready to share how you’ve engaged employees in compliance matters and fostered a culture of compliance within your teams.