At a Glance
- Tasks: Support the Head of Compliance and maintain monitoring frameworks in a dynamic insurance environment.
- Company: Join a leading specialty insurance broker known for its innovative approach and strong market presence.
- Benefits: Enjoy a full-time role with competitive salary and potential for growth in a vibrant city.
- Why this job: Be part of a team that values compliance and integrity, making a real impact in the industry.
- Qualifications: 2+ years in a compliance role, preferably within insurance, with knowledge of regulatory frameworks.
- Other info: Located in the City of London, this role offers a chance to develop your career in finance.
The predicted salary is between 36000 - 60000 Β£ per year.
Compliance Officer – Monitoring & Assurance – Top Specialty Insurance Broker
Compliance Officer – Monitoring & Assurance – Top Specialty Insurance Broker
Get AI-powered advice on this job and more exclusive features.
Direct message the job poster from Miryco Consultants Ltd
Miryco Consultants is working with a leading specialty insurance broker to add a Compliance Officer to the team. This role will have a monitoring focus.
Responsibilities:
- Directly supporting Head of Compliance
- Maintenance of Compliance monitoring frameworks
- Horizon scanning and identifying emerging regulatory risks
- Escalation of major issues
Requirements:
- 2+ years\’ relevant experience in Compliance insurance role
- Insurance broking experience preferable
- Solid understanding of regulatory frameworks, particularly SMCR and ICOBS
Location: City of London, 3/2
Please note, should you not be contacted within five working days of submitting your application, then unfortunately you have not been shortlisting for this position. We will, however, be in touch should there be any other opportunities of potential interest suiting to your skills.
For similar opportunities, follow Miryco Consultants on LinkedIn.
Seniority level
-
Seniority level
Associate
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance
-
Industries
Insurance
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Compliance Officer - Monitoring & Assurance - Top Specialty Insurance Broker employer: Miryco Consultants Ltd
Contact Detail:
Miryco Consultants Ltd Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Compliance Officer - Monitoring & Assurance - Top Specialty Insurance Broker
β¨Tip Number 1
Familiarise yourself with the specific regulatory frameworks mentioned in the job description, such as SMCR and ICOBS. This will not only help you understand the role better but also allow you to speak confidently about your knowledge during any discussions.
β¨Tip Number 2
Network with professionals in the insurance compliance sector, especially those who work at specialty insurance brokers. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
β¨Tip Number 3
Stay updated on emerging regulatory risks by following relevant news sources and industry publications. Being able to discuss current trends and challenges in compliance during interviews will demonstrate your proactive approach.
β¨Tip Number 4
Prepare to discuss your previous experience in compliance roles, particularly any monitoring frameworks you've worked with. Highlighting specific examples of how you've identified and escalated issues will showcase your suitability for the position.
We think you need these skills to ace Compliance Officer - Monitoring & Assurance - Top Specialty Insurance Broker
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Compliance Officer in the insurance sector. Familiarise yourself with compliance monitoring frameworks and regulatory risks relevant to the role.
Tailor Your CV: Highlight your relevant experience in compliance, particularly within the insurance industry. Emphasise your understanding of regulatory frameworks like SMCR and ICOBS, and ensure your CV reflects your skills that align with the job description.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying and how your background makes you a suitable candidate. Mention specific experiences that demonstrate your ability to support compliance monitoring and risk identification.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and presented professionally.
How to prepare for a job interview at Miryco Consultants Ltd
β¨Understand Regulatory Frameworks
Make sure you have a solid grasp of the regulatory frameworks relevant to the role, particularly SMCR and ICOBS. Be prepared to discuss how these regulations impact compliance monitoring and assurance in the insurance sector.
β¨Showcase Your Experience
Highlight your 2+ years of relevant experience in compliance within the insurance industry. Use specific examples from your past roles to demonstrate your ability to maintain compliance monitoring frameworks and identify emerging regulatory risks.
β¨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills in compliance situations. Think about potential issues you might encounter in the role and how you would escalate them effectively.
β¨Research the Company
Familiarise yourself with the specialty insurance broker's operations and values. Understanding their business model will help you tailor your responses and show genuine interest in the company during the interview.