At a Glance
- Tasks: Monitor FCA regulations and ensure compliance across the organisation.
- Company: Join MNK Group, a leading global insurance broker with a focus on innovation.
- Benefits: Competitive salary, comprehensive benefits, study support, and career progression opportunities.
- Other info: Inclusive workplace valuing diverse perspectives for meaningful contributions.
- Why this job: Be a key player in shaping regulatory governance in a dynamic international environment.
- Qualifications: Five years' experience in regulatory policy and strong analytical skills required.
The predicted salary is between 60000 - 75000 £ per year.
MNK Group is a fully independent global group of companies comprising a specialist Lloyd's of London broker, an MGA platform, and a portfolio of insurance and reinsurance businesses.
Headquartered in London and established in 2009 as MNK Re, the Group has experienced significant growth and now operates across more than 20 international offices, serving clients in over 80 countries.
MNK Group delivers sophisticated (re)insurance solutions with a strong focus on innovation, precision, and adaptability.
Its key lines of business include Financial Institutions, Cyber, Marine, Construction & Energy, Aviation, Political & Credit Risk, Liability, Agriculture, and Property, alongside Treaty and Analytics.
The Group is also recognised as a market leader in parametric insurance, providing bespoke solutions for complex risks such as Agriculture, Pandemics, Weather, Credit, Travel, and Marine.
Further information is available at
- www. groupmnk. com
- This role
MNK Group is seeking an experienced Regulatory Affairs Manager to support our ongoing commitment to robust regulatory governance, clear policy standards, and effective compliance oversight.
This role will play an important part in ensuring MNK remains aligned with evolving regulatory expectations, with a particular focus on FCA developments, regulatory policy interpretation, horizon scanning, and internal policy governance.
Key Responsibilities
- Monitoring relevant FCA regulatory developments and conducting structured horizon scanning.
- Translating regulatory change into clear, actionable internal requirements.
- Identifying policy, framework, and process gaps, and supporting appropriate updates.
- Producing clear regulatory interpretation statements and maintaining a strong audit trail.
- Coordinating annual and ad hoc updates to compliance policies, ensuring alignment with regulatory expectations.
- Managing contributor inputs, version control, documentation standards, and governance review cycles.
- Reviewing and refining compliance policies to ensure clarity, coherence, completeness, and regulatory compliance.
- Acting as a key point of contact for policy interpretation across MNK.
- Coordinating regulatory engagement, including oversight and completion of regulatory returns.
About you
- Strong knowledge of FCA Handbook requirements relevant to the insurance broker model.
- A minimum of five years' experience in regulatory policy, regulatory reporting, or compliance, preferably within an insurance broking environment.
- Experience drafting or contributing to compliance policies.
- A good understanding of the insurance broker model, wholesale insurance broking, and emerging regulatory risks.
- Strong analytical skills, with the ability to translate UK regulatory requirements into practical business guidance.
- Excellent internal and external stakeholder management skills.
What We Offer
- Competitive salary commensurate with experience
- Comprehensive benefits package, including pension and health insurance
- Study support for relevant professional qualifications
- Structured onboarding and mentorship within an experienced finance team
- Clear opportunities for career progression within a growing international business
- Equal Opportunity Statement
MNK Group is committed to fostering an inclusive and diverse workplace where all individuals are treated with respect and fairness.
We value diverse perspectives and believe they are fundamental to our success, enabling every employee to contribute meaningfully and reach their full potential.
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Regulatory Affairs Manager employer: MNK Group
MNK Group is an exceptional employer that offers a dynamic and professional workplace environment in the heart of London. As a Receptionist, you will not only represent our brand but also enjoy a collaborative culture that values diversity and fosters personal growth. With competitive salaries and exposure to high-profile clients, this role provides a unique opportunity to thrive in a prestigious setting while delivering outstanding service.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Affairs Manager
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like MNK Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like MNK Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Regulatory Affairs Manager
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at MNK Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at MNK Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at MNK Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at MNK Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at MNK Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding MNK Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
