UK Compliance Oversight Manager

UK Compliance Oversight Manager

Full-Time 60000 - 75000 £ / year (est.) No working from home possible
PartnerRe

At a Glance

  • Tasks: Lead compliance oversight 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 or internal audit, with strong communication skills.

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).

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.

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.

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.

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.

UK Compliance Oversight Manager employer: PartnerRe

PartnerRe is an exceptional employer located in the heart of London, offering a dynamic work environment that values diversity and inclusion. Employees benefit from a strong focus on professional growth, with opportunities to engage in meaningful compliance projects and collaborate closely with senior management. The company's commitment to employee empowerment and a supportive culture makes it an attractive place for those seeking a rewarding career in compliance oversight.

PartnerRe

Contact Details:

PartnerRe Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land UK Compliance Oversight Manager

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 UK Compliance Oversight Manager

Compliance Monitoring
Regulatory Risk Assessment
UK and European (re)insurance Prudential Regulation
Stakeholder Management
Communication Skills
Report Preparation
Project Coordination

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Compliance Oversight Manager role. Highlight your experience in compliance monitoring and any relevant qualifications. We want to see how your background aligns with what we're looking for!

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 and how your skills can benefit us at PartnerRe. Keep it concise but impactful, and don’t forget to mention your understanding of UK and European regulations.

Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your written application reflects that. Use clear and professional language, and ensure there are no typos or grammatical errors. We want to see your attention to detail!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at PartnerRe!

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 rules, but that you can apply them in real-world scenarios.

Prepare for Stakeholder Questions

Since stakeholder management is key for this role, think about how you’ve successfully managed relationships in the past. Prepare examples that highlight your communication skills and assertiveness, as these will likely come up during the interview.

Showcase Your Monitoring Experience

Be ready to discuss your experience in developing and executing compliance monitoring plans. Have specific examples at hand that demonstrate your ability to design and implement effective compliance programmes.

Engage with the Committee Concept

As you'll be presenting to the Oversight Committee, practice explaining complex compliance topics in a clear and concise manner. This will help you convey your expertise and make a strong impression on the interviewers.