At a Glance
- Tasks: Support compliance for Property & Casualty Insurance, ensuring regulations are met.
- Company: Join NFP, part of Aon, a leader in insurance and employee benefits.
- Benefits: Flexible working, generous leave, health support, and lifestyle discounts.
- Why this job: Make a real impact in compliance while growing your career in a dynamic environment.
- Qualifications: Experience in compliance within financial services and strong communication skills.
- Other info: Be part of a culture that values wellbeing, inclusion, and community engagement.
The predicted salary is between 36000 - 60000 £ per year.
We are looking for a dedicated Senior Compliance Officer to assist in supporting NFP Europe's Property & Casualty Insurance Entities and Divisions in ensuring that both internal and external business-as-usual compliance requirements are fulfilled. The role is an integral part of the compliance function, working collectively to ensure that NFP Europe operates effectively in accordance with relevant rules and regulations. The ideal candidate should possess a robust background in compliance, along with relevant experience within the financial services industry.
Key Responsibilities:
- Ensuring day-to-day compliance with FCA and other relevant regulatory requirements.
- Administering compliance systems and tools such as policy portals and training platforms.
- Coordinating the implementation of Consumer Duty Rules, Conduct Rules, and SMCR responsibilities.
- Ensuring timely and accurate FCA and other regulatory filings, notifications, and reports.
- Providing effective regulatory business partnering to the first line of defence (1LOD).
- Delivering pragmatic advice, technical guidance, and oversight on compliance and regulatory matters.
- Building strong collaborative relationships with 1LOD and operational departments.
- Bringing a compliance and regulatory perspective to key business forums, initiatives, and projects.
- Supporting and guiding business units through integration-related activities.
- Acting as a liaison with external regulators and auditors.
- Preparing documentation for regulatory inspections and audits.
- Managing external and internal audit processes.
- Analysing compliance and business performance data to identify trends and provide challenge.
- Identifying and escalating potential compliance risks to senior management.
- Preparing management information and reports for entity boards, senior management, and regulatory bodies.
- Contributing to the development and maintenance of the firm's risk register.
- Monitoring compliance obligations specific to the business area.
- Implementing, maintaining, and updating compliance policies and procedures.
- Maintaining accurate and up-to-date compliance records, including monitoring logs and incident reports.
- Recording and tracking compliance incidents and breaches.
- Investigating regulatory breaches, identifying root causes, and recommending corrective action plans.
- Leading and developing compliance and junior compliance team members.
- Delivering compliance training to staff to strengthen understanding of policies and regulatory expectations.
At NFP, an Aon company, we offer flexible or hybrid working, subject to your contract or line manager, working in a dynamic, fast-paced organisation in an exciting industry. We provide a rich suite of employee benefits and out-of-work perks.
Benefits include:
- Matched employer pension contributions.
- Life Assurance and Group Income Protection.
- Lifestyle discounts for well-known brands.
- Generous annual leave allowance.
- Additional days off throughout the year to focus on your wellbeing.
- Numerous charity fundraising challenges and events throughout the year.
- Opportunities to volunteer and give back to the community.
- Two large employee events every year for summer and Christmas.
- Inclusive policies to ensure all of our people are treated fairly.
Senior Compliance Officer P&C in London employer: NFP Corp. Europe
Contact Detail:
NFP Corp. Europe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compliance Officer P&C in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance and insurance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its compliance practices. Be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate; you’re the one they’ve been looking for!
✨Tip Number 3
Practice your 'regulatory translator' skills! Be prepared to explain complex regulations in simple terms during interviews. This will showcase your communication skills and your ability to make compliance accessible to the business.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Senior Compliance Officer P&C in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Compliance Officer role. Highlight your relevant experience in compliance and financial services, and show us how you can be a regulatory translator for our team.
Showcase Your Skills: We want to see your excellent communication skills in action! Use clear and concise language in your application, and don’t forget to mention your problem-solving abilities and stakeholder management experience.
Be Authentic: Let your personality shine through! We value authenticity, so don’t hesitate to share your passion for compliance and how you can contribute to our People First culture at NFP.
Apply Through Our Website: For the best chance of success, make sure to apply directly through our website. This way, we can easily track your application and get back to you quicker. We can’t wait to hear from you!
How to prepare for a job interview at NFP Corp. Europe
✨Know Your Regulations
Make sure you brush up on the UK's regulatory regime, especially as it pertains to general insurance activities. Being able to discuss specific regulations and how they impact the business will show that you're not just familiar with compliance but are also ready to tackle the challenges head-on.
✨Be a 'Regulatory Translator'
Practice explaining complex regulations in simple terms. During the interview, demonstrate your ability to break down intricate compliance requirements into understandable concepts. This skill is crucial for the role, so think of examples where you've successfully communicated regulatory matters to non-compliance colleagues.
✨Showcase Problem-Solving Skills
Prepare to discuss past experiences where you've identified compliance issues and proposed effective solutions. Highlight your problem-solving approach and how you can act as a 'critical friend' to the business, providing constructive challenges while maintaining strong relationships.
✨Demonstrate Stakeholder Management
Think about times when you've built and maintained relationships with various stakeholders. Be ready to share examples of how you've collaborated with different departments to ensure compliance and how you managed any conflicts that arose. Strong stakeholder management skills are key for this role!