At a Glance
- Tasks: Support compliance team in maintaining regulatory frameworks and responding to queries.
- Company: Established London Market insurance business with a focus on compliance.
- Benefits: Hybrid working, competitive pay, and opportunities for professional growth.
- Why this job: Join a dynamic team and make a real difference in compliance within the insurance sector.
- Qualifications: 1+ years in insurance compliance with strong analytical and communication skills.
- Other info: Collaborative environment with exposure to regulatory developments and governance.
The predicted salary is between 36000 - 60000 £ per year.
An established London Market insurance business is seeking a Compliance Analyst on an interim basis.
The Role
You will support the compliance team in maintaining an effective framework and ensuring the business operates within regulatory requirements.
Duties:
- Responding to regulatory queries and correspondence
- Supporting the development and maintenance of compliance policies and procedures
- Identifying, recording and escalating compliance incidents and breaches
- Supporting delivery of compliance training (e-learning and face-to-face)
- Monitoring regulatory developments and assessing business impact
- Supporting compliance oversight of group entities and delegated partners
- Assisting with broker and intermediary governance arrangements
Experience
- At least 1 years’ experience in insurance compliance, ideally within the London Market
- Exposure to regulatory advisory work (conduct, financial crime, licensing or sanctions)
- Strong organisational, analytical and communication skills
- Collaborative, professional and comfortable working in a regulated environment
Compliance Analyst (FTC) employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Analyst (FTC)
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work in compliance. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your regulatory knowledge. Make sure you can discuss recent developments in compliance and how they impact the insurance sector. We want to see that you're not just knowledgeable but also passionate about the field!
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific instances where you've successfully navigated compliance challenges or contributed to policy development. This will help us see your value!
✨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 connect directly with us.
We think you need these skills to ace Compliance Analyst (FTC)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in insurance compliance, especially within the London Market. We want to see how your skills match the role, so don’t be shy about showcasing relevant projects or responsibilities you've had.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about compliance and how your background makes you a great fit for our team. Keep it concise but engaging – we love a good story!
Showcase Your Skills: In your application, emphasise your strong organisational, analytical, and communication skills. We’re looking for someone who can navigate a regulated environment with ease, so give us examples of how you’ve done this in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at IPS Group
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of insurance compliance, especially within the London Market. Familiarise yourself with key regulations and recent developments in the industry, as this will show that you're proactive and well-informed.
✨Prepare for Regulatory Queries
Since responding to regulatory queries is a big part of the role, think about potential questions you might face during the interview. Prepare clear, concise answers that demonstrate your understanding of compliance issues and how you've handled similar situations in the past.
✨Showcase Your Communication Skills
As a Compliance Analyst, you'll need strong communication skills. Be ready to discuss how you've effectively communicated compliance policies or training in previous roles. Use examples that highlight your ability to convey complex information clearly and collaborate with others.
✨Demonstrate Your Organisational Skills
The role requires strong organisational abilities, so be prepared to talk about how you manage multiple tasks and priorities. Share specific examples of how you've successfully organised compliance projects or training sessions, and how you ensure nothing falls through the cracks.