At a Glance
- Tasks: Lead compliance frameworks and ensure alignment with regulatory requirements.
- Company: Simplyhealth, a certified B Corp improving UK healthcare for over 150 years.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on sustainable growth and governance.
- Why this job: Make a real impact on healthcare accessibility while shaping compliance strategies.
- Qualifications: Experience in regulatory compliance and strong analytical skills.
The predicted salary is between 70000 - 90000 £ per year.
At Simplyhealth, we've been improving access to healthcare in the UK for over 150 years. As a certified B Corp with around 2.5 million members, our purpose is to make healthcare more affordable and accessible for everyone - something that's never been more important.
As our Senior Prudential Compliance Manager, you'll play a critical role at the heart of our Risk & Assurance function. Reporting to the Deputy Chief Risk & Compliance Officer, you'll lead the development, interpretation and oversight of our regulatory compliance frameworks, with a particular focus on Prudential Regulation Authority (PRA) and prudential requirements.
This role is central to ensuring Simplyhealth maintains strong, forward-looking compliance with evolving regulatory expectations. You'll act as the organisation's subject matter expert on prudential regulation, covering areas such as Solvency II and Solvency UK, Own Risk & Solvency Assessment (ORSA), capital adequacy and risk governance.
In this role, you'll:
- Lead the development and ongoing enhancement of the Group compliance policy framework, ensuring alignment with FCA and PRA requirements
- Take ownership of the ORSA process, embedding it into enterprise risk management and business planning
- Provide expert interpretation of complex regulatory requirements, translating them into practical policies, controls and business guidance
- Lead regulatory horizon scanning, focusing on emerging prudential developments and supervisory expectations
- Act as the primary point of engagement with the PRA, managing submissions, queries and regulatory reviews
- Ensure strong alignment between compliance policy, risk management and governance frameworks
- Support Board and Executive committees with high-quality insight, reporting and analysis on compliance, risk and emerging issues
You'll work closely with senior stakeholders across the organisation, helping to shape a robust and proactive compliance environment that enables sustainable growth and strong governance.
Senior Prudential Compliance Manager in Bideford employer: Simplyhealth
At Simplyhealth, we pride ourselves on being a purpose-driven organisation that has been enhancing healthcare access in the UK for over 150 years. As a certified B Corp, we foster a collaborative and inclusive work culture that prioritises employee growth and development, offering numerous opportunities for professional advancement. Joining us as a Senior Prudential Compliance Manager means becoming part of a dedicated team committed to making a meaningful impact in the healthcare sector, all while enjoying the benefits of a supportive environment that values innovation and compliance excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Prudential Compliance Manager in Bideford
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage with professionals on platforms like LinkedIn. We all know that sometimes it's not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. We want you to walk into that interview feeling confident and ready to show them why you're the perfect fit for the Senior Prudential Compliance Manager role.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and get comfortable discussing your experience. We believe that the more you practice, the more natural it will feel when you're in front of the real interview panel.
✨Tip Number 4
Don't forget to follow up after your interview! A simple thank-you email can go a long way in leaving a positive impression. We recommend expressing your appreciation for the opportunity and reiterating your enthusiasm for the role at Simplyhealth.
We think you need these skills to ace Senior Prudential Compliance Manager in Bideford
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Prudential Compliance Manager role. Highlight your experience with regulatory frameworks and compliance policies, as this will show us you understand what we're looking for.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're passionate about compliance and how your skills align with our mission at Simplyhealth. Be sure to mention specific experiences that relate to prudential regulation and risk management.
Showcase Your Expertise:In your application, don’t shy away from showcasing your expertise in areas like Solvency II and ORSA. We want to see how you can bring your knowledge to our team and help us navigate the evolving regulatory landscape.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. This way, we can easily track your application and ensure it gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Simplyhealth
✨Know Your Regulations
Make sure you brush up on the latest Prudential Regulation Authority (PRA) guidelines and Solvency II requirements. Being able to discuss these topics confidently will show that you're not just familiar with the regulations, but that you can also interpret and apply them effectively.
✨Showcase Your Leadership Skills
As a Senior Prudential Compliance Manager, you'll be leading teams and initiatives. Prepare examples of how you've successfully led compliance projects or teams in the past. Highlight your ability to engage with senior stakeholders and drive compliance culture within an organisation.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific compliance challenges or regulatory changes. Think through potential scenarios related to ORSA processes or capital adequacy and prepare structured responses that demonstrate your problem-solving skills and strategic thinking.
✨Engage with the Interviewers
Don't forget that interviews are a two-way street! Prepare thoughtful questions about Simplyhealth's compliance culture and how they approach emerging regulatory developments. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
