At a Glance
- Tasks: Support compliance strategies and ensure adherence to regulations in the insurance sector.
- Company: Join Cover Genius, a fast-growing insurtech with a diverse global team.
- Benefits: Enjoy flexible work, employee stock options, and a commitment to social initiatives.
- Other info: Dynamic environment with opportunities for growth and collaboration across teams.
- Why this job: Make a real impact in compliance while working with passionate, like-minded individuals.
- Qualifications: 3+ years in compliance within insurance and strong communication skills required.
The predicted salary is between 40500 - 49500 £ per year.
About the Company
Cover Genius is a Series E Insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking. com, Intuit, Hopper, Skyscanner, Ryanair, Turkish Airlines, Descartes Ship Rush, Zip and Seat Geek.
We’re also available at Amazon, Flipkart, e Bay, Wayfair and SE Asia’s largest company, Shopee.
Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
Our team and products have been recognized with dozens of awards including by the Financial Times who ranked Cover Genius as the #1 fastest growing company in APAC in 2020.
Our diverse team across 20+ countries and many language groups commits itself to diverse cultural programs, in particular CG Gives which makes social entrepreneurs out of us all and funds development initiatives in global communities.
- Our People are Bold, Authentic, Purposeful and Inspired
- Our People are not Perfect, Traditional, Complacent or Cautious
About the Role
As a Compliance Specialist on our Compliance Team, you will assist with the implementation and maintenance of regulatory and licensing compliance strategies for Cover Genius across the EMEA region, including the UK.
To drive success in this role, you will have an aptitude for learning and implementing compliance frameworks.
You will support the regional compliance manager in maintaining the company’s compliance programs and ensure that the insurance business has adequate controls, procedures, and processes in place to comply with all laws, regulations, and codes applicable to the sale of insurance, warranty, and related products.
Regular cross-functional collaboration will be key in ensuring that the Company’s adherence to its risk appetite and guidelines are achieved to drive scalable processes which limit risk exposure to the Company.
Key Responsibilities
- Oversight of the company’s compliance requirements, policies, and internal guidelines including the maintenance of the company’s producer and adjuster licenses, preparing underwriter audit responses, and monitoring existing programs
- Support the compliance team with compliance requests including due diligence questionnaires, regulatory and license filings, Appointed Representative appointments and filings.
- Assist with the establishment and maintenance of the Compliance processes and procedures including coordinating timely communications with regulatory authorities.
- Support in preparation of appropriate training materials for relevant stakeholders
- Provide appropriate reporting to the company’s management and board, as well as external partners and regulators.
- Understand and be aware of regulatory changes and assist in providing implementation of required changes in the region including the FCA Consumer Duty requirements.
- Work cross-functionally with teams to facilitate responses to periodic and ad hoc regulatory requests
- Support periodic reviews to proactively identify compliance gaps and assist with implementation of corrective action.
- Provide support to other members of the broader Executive and Risk Management teams, as appropriate.
- What you will bring
- 3+ years experience in a compliance role within the insurance industry, or working within an insurance related organization on compliance activities.
- Knowledge and understanding of Authorized Representative filings and relevant compliance obligation will be highly regarded.
- Experience with identification, assessment, and management frameworks for insurance risks.
- Understanding of compliance analytics and qualitative and quantitative risk measures.
- Ability to communicate complex ideas in a clear, concise manner both verbally and in writing, and the ability to build relationships with key stakeholders.
- Ability to adapt quickly to a scale-up pace environment and culture.
- Bachelor's degree in a relevant field, a postgraduate degree and/or record of academic achievement is also desirable.
- What you will have
- Cross-Functional Collaboration: Proven ability to partner seamlessly across diverse, cross-functional teams.
- Organizational Excellence: Exceptional time management skills with a strong ability to prioritize competing tasks effectively.
- Precision & Detail Orientation: Rigorous attention to detail and a commitment to high-quality output.
Why Cover Genius?
Cover Genius not only cares about being the best in our industry, we care about our team.
We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that.
What does that mean?
- Flexible Work Environment - our teams are hybrid.
We work from home on Wednesdays and Thursday and attend the office on Monday, Tuesday and Friday with flexibility around start/finish times.
- Global company, with the opportunity to work from any of our offices for 4 weeks a year
- Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
- Work with like-minded people who are passionate about both the work we're doing and giving back.
Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system.
• Social Initiatives - pictures speak a thousand words!
Cover Genius promotes diversity and inclusivity.
We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
By submitting your application, you acknowledge that we may collect, store and process your personal data for recruitment purposes.
To ensure a fair evaluation, we may use AI to assist in sorting applications, but all final decisions are made by our hiring team and no candidate dispositions are automated.
We will keep your information on file for three years from the date of your application.
For detailed information about how we handle your data and our use of AI, please review our full Privacy Policy.
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Compliance Specialist, EMEA employer: King River Capital Group
Cover Genius is an exceptional employer that values innovation and compliance in the fast-paced insurtech sector. With a hybrid work model, competitive stock options, and a strong commitment to employee development, we foster a collaborative culture where your contributions directly impact our success across the EMEA region. Join us to be part of a forward-thinking team that prioritises regulatory excellence while offering unique growth opportunities in a dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Specialist, EMEA
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like King River Capital Group looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Specialist, EMEA
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at King River Capital Group. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at King River Capital Group
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with King River Capital Group’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
