At a Glance
- Tasks: Lead compliance frameworks and ensure alignment with regulatory requirements.
- Company: Simplyhealth, a certified B Corp improving healthcare access for over 150 years.
- Benefits: Competitive salary, health benefits, and opportunities for professional growth.
- Other info: Collaborative environment with senior stakeholders and opportunities for career advancement.
- Why this job: Make a real impact on healthcare compliance and governance in a forward-thinking organisation.
- Qualifications: Experience in regulatory compliance and strong analytical skills.
The predicted salary is between 60000 - 75000 £ 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 Devon employer: Simplyhealth
At Simplyhealth, we pride ourselves on being a purpose-driven employer dedicated to improving healthcare access across the UK. Our collaborative work culture fosters innovation and professional growth, providing employees with opportunities to lead impactful projects in a supportive environment. With our commitment to sustainability as a certified B Corp, you will be part of a team that values ethical practices and community well-being, making your role as Senior Prudential Compliance Manager not just a job, but a meaningful contribution to society.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Prudential Compliance Manager in Devon
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance and risk management 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 culture. Be ready to discuss how your experience aligns with their needs, especially around PRA and Solvency II. Show them you’re not just a fit, but the perfect fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email reiterating your interest in the role and highlighting key points from your conversation. It shows enthusiasm and keeps you on their radar.
✨Tip Number 4
Apply through our website for the best chance at landing that Senior Prudential Compliance Manager role. We love seeing candidates who take the initiative to engage directly with us. Plus, it makes tracking your application easier!
We think you need these skills to ace Senior Prudential Compliance Manager in Devon
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 ensure your application gets the attention it deserves and you can easily track your progress!
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 enhance compliance frameworks and engage with senior stakeholders.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific regulatory challenges or changes. Think about 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 it's the right fit for you.
