At a Glance
- Tasks: Support compliance culture and navigate regulatory requirements across the organisation.
- Company: Join a leading insurance firm with a strong commitment to compliance.
- Benefits: Competitive salary, generous pension, private medical insurance, and 25+ days annual leave.
- Other info: Dynamic team environment with opportunities for professional growth.
- Why this job: Be a key player in shaping compliance practices and making a real impact.
- Qualifications: Strong academic background and good understanding of regulatory requirements preferred.
The predicted salary is between 40500 - 49500 £ per year.
We are seeking an ambitious and highly motivated compliance professional to help foster a strong compliance culture across the Group, support the effective delivery of the compliance function, and contribute to the achievement of the firm's strategic objectives.
The successful candidate will be an integral member of the Regulatory Compliance team, providing high-quality, pragmatic, deadline-focused support to Miller Insurance Services LLP and its subsidiary undertakings.
Working closely with stakeholders across the business, the role will act as a trusted Compliance advisor, helping to navigate regulatory requirements, manage compliance risks and embed robust compliance practices throughout the organisation.
The successful candidate will demonstrate strong organisational skills, a proactive approach and the ability to deliver high-quality outcomes within assigned timeframes
- Role Responsibilities
- Undertaking horizon scanning activities across all UK entities and licensed territories, identifying and assessing emerging regulatory developments.
- Supporting the development, enhancement and delivery of compliance training, ensuring content remains aligned with current regulatory expectations and business requirements.
- Assisting in the development, review and maintenance of Group Compliance Policies and Procedures, ensuring they remain aligned with applicable regulatory requirements and are effectively managed through the Decision Focus platform.
- Assisting in the maintenance of the SM&CR framework across relevant entities, including the preparation and submission of regulatory applications and SMF approvals.
- Ensuring the accurate, complete and timely submission of all regulatory returns, including FCA RMAR submissions for Miller Insurance Services LLP and other UK entities.
Providing effective challenge and oversight of regulatory reporting processes and controls to promote strong data quality, governance and regulatory compliance.
- Maintaining oversight of international regulatory submissions, ensuring consistency, accuracy and completeness across all jurisdictions.
- Monitoring and assessing compliance with applicable regulatory requirements, including FCA Consumer Duty obligations and outcomes.
- Coordinating and managing responses to regulatory enquiries, requests for information and supervisory interactions as required.
- Coordinating and completing overseas regulatory filings and licence renewals, including the preparation of high-quality supporting documentation.
- Assisting in the development, enhancement and maintenance of departmental registers, controls and governance frameworks where required.
- Promoting a strong culture of compliance awareness and ethical conduct across the organisation.
- Contributing to the preparation of quarterly Compliance Committee papers and attending Compliance Committee and Board meetings as required
Qualifications
- Strong academic background (minimum 2 A Levels or equivalent).
- Relevant professional qualifications desirable (or a willingness to obtain this in the future), but not essential.
- Knowledge
- Good understanding of the London Market insurance industry is highly desirable.
- Good knowledge of regulatory requirements that Miller is expected to comply with.
- Good report writing skills and knowledge of producing reports using Microsoft Word, Powerpoint and Excel
Experience
- Experience in a compliance function within the London Market insurance is preferable
- Evidence of managing projects in a timely manner, to deadlines
- Good interpersonal skills, allowing effective interaction with individuals and experience in being able to influence others.
- Good judgement and ability to arrive at accurate decisions in a timely manner.
- Strong attention to detail and precision in deliverables.
- Ability to work well within a team but also be self-driven, organised and self-motivated to deliver planned activities in a timely manner
- Experience in working with large volumes of information
- On top of a competitive salary we offer a fantastic benefits package including:
- 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
- Private Medical Insurance
- Minimum of 25 days annual leave (with flexibility to buy more)
- Life Assurance
- Income Protection
- Critical Illness cover
- Enhanced Maternity, Paternity Adoption and Shared Parental Leave
- #J-18808-Ljbffr
Compliance Officer in London employer: Miller Insurance Services LLP
Miller Insurance Services LLP is an exceptional employer, offering a dynamic work environment that fosters professional growth and a strong compliance culture. With a competitive benefits package including a generous pension contribution, private medical insurance, and ample annual leave, employees are supported in achieving a healthy work-life balance while contributing to the firm's strategic objectives. The collaborative atmosphere encourages innovation and provides opportunities for continuous learning, making it an ideal place for compliance professionals looking to make a meaningful impact in the London Market insurance industry.
Contact Details:
Miller Insurance Services LLP Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer in London
✨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 Miller Insurance Services LLP looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer in London
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 Miller Insurance Services LLP. 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 Miller Insurance Services LLP
✨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 Miller Insurance Services LLP’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
