At a Glance
- Tasks: Become a trusted advisor, providing compliance solutions and training to teams.
- Company: Join a dynamic insurance firm focused on continual improvement and customer-first outcomes.
- Benefits: Enjoy hybrid working options and opportunities for professional development.
- Why this job: Shape compliance culture while collaborating with senior management in a supportive environment.
- Qualifications: Experience in broking or insurance, with strong FCA compliance knowledge required.
- Other info: Professional qualifications like CII or ICA accreditation are a plus.
The predicted salary is between 48000 - 72000 £ per year.
This is an exciting opportunity to build and refine a newly created role, working closely with senior management and business teams to create a culture of continual improvement and customer-first outcomes.
The primary focus of the BP role is to build relationships with the business to become a trusted advisor, be able to influence and overcome challenges.
- Candidates must be from a broking background with strong commercial/operational experience.
- Business Support and Advisory
- Delegated Authority and Risk Management
- Conflicts of Interest
- Lloyd's Experience
- Compliance Policy and process knowledge
- Acquisition and Integration support
- Migration/integration due diligence
- Qualifications strongly desirable
Key duties:
- Business Support & Advisory: Act as the initial point of contact for compliance advice, supporting teams with practical, business-friendly compliance solutions.
- Risk & Delegated Authority Management: Review and monitor Delegated Authority Agreements, advise on potential E&O circumstances, and conduct root cause analysis.
- Compliance Policies & Procedures: Maintain and enhance compliance policies, ensuring continued alignment with FCA requirements.
- Training & Development: Design and deliver onboarding, refresher, and regulatory training for staff at all levels.
- Acquisition & Integration: Support acquired firms through compliance migrations, addressing due diligence findings and embedding the compliance culture.
Key requirements:
- Broking or Insurance Experience: First-hand experience working in an insurance broking or operational role.
- FCA Compliance Knowledge: Strong understanding of FCA requirements, ICOBS, and SMCR regulations.
- Analytical & Organisational Skills: Ability to assess complex regulatory requirements and translate them into actionable business strategies.
- Lloyd’s Market Experience: Knowledge of Lloyd’s processes and requirements would be a distinct advantage.
- Professional Qualifications: Holding or working towards CII or ICA accreditation (or equivalent) is beneficial.
Compliance Business Partner employer: Massenhove Recruitment Limited
Contact Detail:
Massenhove Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Business Partner
✨Tip Number 1
Network with professionals in the insurance broking sector. Attend industry events or webinars where you can meet potential colleagues and leaders in compliance roles. Building these connections can provide insights into the company culture and expectations.
✨Tip Number 2
Familiarise yourself with the latest FCA regulations and compliance trends. Being well-versed in current compliance issues will not only boost your confidence but also demonstrate your commitment to staying informed in this ever-evolving field.
✨Tip Number 3
Prepare to discuss specific examples from your previous roles that showcase your ability to influence and advise on compliance matters. Highlighting your experience in risk management and policy development will set you apart as a strong candidate.
✨Tip Number 4
Research StudySmarter's approach to compliance and their company values. Tailoring your conversations to align with our mission and demonstrating how you can contribute to our culture of continual improvement will make a lasting impression.
We think you need these skills to ace Compliance Business Partner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in insurance broking and compliance. Emphasise any roles where you've acted as a trusted advisor or supported teams with compliance solutions.
Craft a Compelling Cover Letter: In your cover letter, explain why you're passionate about compliance and how your background aligns with the role. Mention specific experiences that demonstrate your ability to influence and overcome challenges.
Highlight Relevant Qualifications: If you hold or are working towards CII or ICA accreditation, make this prominent in your application. This shows your commitment to professional development in the compliance field.
Showcase Analytical Skills: Provide examples of how you've assessed complex regulatory requirements in previous roles. This could include any root cause analysis you've conducted or how you've translated regulations into actionable strategies.
How to prepare for a job interview at Massenhove Recruitment Limited
✨Showcase Your Broking Background
Make sure to highlight your experience in the insurance broking sector. Discuss specific roles and responsibilities you've had that relate directly to compliance, as this will demonstrate your suitability for the Compliance Business Partner position.
✨Demonstrate Your FCA Knowledge
Be prepared to discuss your understanding of FCA requirements, ICOBS, and SMCR regulations. You might be asked to provide examples of how you've applied this knowledge in previous roles, so think of relevant scenarios beforehand.
✨Emphasise Relationship Building Skills
Since the role involves acting as a trusted advisor, share examples of how you've successfully built relationships with senior management and business teams. Highlight your ability to influence and overcome challenges in a collaborative manner.
✨Prepare for Scenario-Based Questions
Expect questions that assess your analytical and organisational skills. Prepare to discuss how you would handle complex regulatory requirements and translate them into actionable strategies, particularly in relation to risk management and compliance policies.