At a Glance
- Tasks: Manage compliance programs and assess regulatory changes in the insurance sector.
- Company: Reputable general insurance firm with a focus on risk management.
- Benefits: £50K pro-rata salary, generous holiday, and hybrid working model.
- Why this job: Join a dynamic team and make a real impact on compliance and risk management.
- Qualifications: 3+ years in insurance compliance with knowledge of FCA regulations.
- Other info: Opportunity for professional growth in a supportive environment.
The predicted salary is between 30000 - 42000 £ per year.
We are exclusively recruiting for a general insurance firm who seek a Risk & Compliance Manager to support the Head of Risk & Compliance in a generalist risk & compliance role.
Responsibilities
- Maintain compliance programs, policies, and procedures to ensure adherence to relevant laws, regulations, and industry standards.
- Monitor and assess regulatory changes, emerging risks, and industry trends to identify potential compliance issues and recommend appropriate actions.
- Conduct compliance risk assessments and audits to evaluate the effectiveness of controls and identify areas for improvement.
- Investigate allegations of non-compliance, fraud, misconduct, or unethical behaviour, and recommend corrective actions and preventive measures.
- Provide guidance and advice to employees on compliance matters, including regulatory requirements, company policies, and ethical standards.
- Maintain accurate records of compliance activities, including audit findings, investigation reports, training records, and compliance documentation.
- Prepare and submit regulatory filings, reports, and disclosures as required by applicable laws and regulations.
- Conduct due diligence reviews and risk assessments for third-party vendors, partners, and business associates to ensure compliance with contractual obligations and regulatory requirements.
- Identify and evaluate risk issues within the organisation.
- Prepare reports detailing the risk areas and providing risk mitigation recommendations.
Qualifications
- At least three years experience in general insurance compliance with a strong working knowledge of FCA regulations including SMCR and Consumer Duty principles.
- Proven experience in managing compliance activity including monitoring & reporting processes.
Location & Contract Details
The role is 3 days per week in their pleasant South.
6 MONTH CONTRACT: RISK & COMPLIANCE MANAGER – GENERAL INSURANCE COMPLIANCE EXPERIENCE REQUIRED in London employer: Jobs via eFinancialCareers
Contact Detail:
Jobs via eFinancialCareers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land 6 MONTH CONTRACT: RISK & COMPLIANCE MANAGER – GENERAL INSURANCE COMPLIANCE EXPERIENCE REQUIRED in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA regulations and compliance practices. We recommend doing mock interviews with friends or using online resources to get comfortable discussing your experience and how it relates to the role.
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your previous compliance projects, risk assessments, and any successful audits you've conducted. This will give potential employers a tangible sense of what you can bring to their team.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace 6 MONTH CONTRACT: RISK & COMPLIANCE MANAGER – GENERAL INSURANCE COMPLIANCE EXPERIENCE REQUIRED in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk & Compliance Manager role. Highlight your experience in general insurance compliance and any specific knowledge of FCA regulations. We want to see how your background fits with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your experience with compliance programs and how you can contribute to our team. Keep it engaging and relevant!
Showcase Your Achievements: When detailing your experience, don’t just list your duties. Instead, showcase your achievements in previous roles, especially those related to compliance audits or risk assessments. We love to see how you've made a difference!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Jobs via eFinancialCareers
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of FCA regulations, SMCR, and Consumer Duty principles. Be ready to discuss how you've applied these in your previous roles, as this will show you're not just familiar with the terms but can actually implement them.
✨Showcase Your Risk Assessment Skills
Prepare examples of how you've conducted compliance risk assessments or audits in the past. Highlight specific situations where you identified risks and the actions you took to mitigate them. This will demonstrate your hands-on experience and problem-solving abilities.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to compliance issues or ethical dilemmas. Think through how you would handle investigations or recommend corrective actions. Practising these scenarios can help you articulate your thought process clearly.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions prepared about the company's compliance culture or upcoming regulatory changes they are facing. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.