At a Glance
- Tasks: Lead compliance initiatives and ensure regulatory adherence for our UK branch.
- Company: Join PartnerRe, a diverse and inclusive company that values your contributions.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Be part of a supportive environment that champions diversity and inclusion.
- Why this job: Make a real impact in compliance while working with a dynamic team.
- Qualifications: 5+ years in compliance, strong communication skills, and a relevant degree.
The predicted salary is between 60000 - 75000 £ per year.
Located in our London Office, the Compliance Manager UK will report to the Head of Compliance Europe (based in Dublin).
UK Branch Responsibilities
The role holder will be a member of the UK Branch Oversight Committee and will present to the Committee on a quarterly basis. The role holder will hold the SMF 16 - Compliance Oversight role for the UK Branch of PartnerRe entities. You will liaise with and work closely with the UK Branch Manager and keep them apprised of regulatory developments that affect the running of the branch. You will be the primary point of contact for UK regulators.
About the Role
The roleholder will be responsible for the design, implementation, and execution of the compliance monitoring program for the PartnerRe European and Bermuda entities. You may also be required to assist with day-to-day compliance activities and the delivery of regulatory projects. This role will require you to:
- Co-ordinate the annual regulatory risk assessment.
- Work closely with the European Head of Compliance to design the annual compliance monitoring program.
- Implement and execute the annual compliance monitoring program.
- Prepare quarterly and ad-hoc compliance monitoring reports for Board and sub-Committee meetings.
- Support the day-to-day European Compliance operations as required.
- Participate in regulatory projects as required.
- Co-ordinate returns on behalf of the branch.
- Provide compliance support for the UK branch operations of the European entities.
Work Experience and Qualifications
- 3rd level qualification is essential.
- Professional qualifications are desirable.
- 5+ years prior experience developing and executing monitoring plans within a regulated firm (within the compliance or internal audit function).
- Expert in UK and European (re)insurance prudential regulation.
- Excellent communication skills, both verbal and written, as well as demonstrating your social competence and assertiveness is essential.
- Stakeholder management is essential.
- Ability to work independently as well as within a team to build strong relationships with colleagues.
Additional Information
PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe. PartnerRe is an equal opportunities employer.
Compliance Manager(SMF-16) employer: PartnerRe
PartnerRe is an exceptional employer located in the heart of London, offering a dynamic work environment that values diversity and inclusion. As a Compliance Manager, you will benefit from a collaborative culture that encourages professional growth through ongoing training and development opportunities, while also playing a pivotal role in shaping compliance strategies for the UK branch. With a commitment to employee well-being and a supportive team atmosphere, PartnerRe stands out as a rewarding place to advance your career in compliance.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager(SMF-16)
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK and European (re)insurance regulations. Be ready to discuss how your experience aligns with the compliance monitoring programs and regulatory projects mentioned in the job description.
✨Tip Number 3
Showcase your communication skills! During interviews, make sure to articulate your thoughts clearly and confidently. Remember, you’ll be liaising with regulators, so demonstrating your social competence is key.
✨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 are proactive about their job search.
We think you need these skills to ace Compliance Manager(SMF-16)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that match the Compliance Manager role. Highlight your expertise in UK and European (re)insurance regulation, as well as any relevant compliance monitoring experience.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention your communication skills and how you can effectively liaise with regulators and stakeholders.
Showcase Your Experience:In your application, be specific about your past roles and responsibilities. Detail your experience in developing and executing compliance monitoring plans, as this will demonstrate your capability for the position.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it shows us you’re genuinely interested in joining our team!
How to prepare for a job interview at PartnerRe
✨Know Your Regulations
Make sure you brush up on UK and European (re)insurance prudential regulations. Being able to discuss these confidently will show that you're not just familiar with the compliance landscape, but that you can navigate it effectively.
✨Prepare for Stakeholder Questions
Since stakeholder management is key for this role, think about how you would handle various scenarios with different stakeholders. Prepare examples of past experiences where you've successfully managed relationships or resolved conflicts.
✨Showcase Your Communication Skills
This role requires excellent verbal and written communication skills. Practice articulating your thoughts clearly and concisely. You might even want to prepare a brief presentation on a compliance topic to demonstrate your ability to convey complex information.
✨Understand the Compliance Monitoring Program
Familiarise yourself with what a compliance monitoring program entails. Be ready to discuss how you would design and implement such a program, and think of any relevant experiences you can share that highlight your expertise in this area.
