At a Glance
- Tasks: Lead compliance frameworks and ensure alignment with regulatory requirements.
- Company: Join a forward-thinking organisation focused on risk and compliance.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth in a dynamic and evolving field.
- Why this job: Be at the forefront of regulatory compliance and make a real impact.
- Qualifications: Experience in regulatory compliance and strong analytical skills.
The predicted salary is between 70000 - 90000 £ per year.
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.
Responsibilities
- 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.
Prudential Compliance & ORSA Lead in England employer: Simplyhealth
Simplyhealth is an exceptional employer that prioritises employee development and fosters a collaborative work culture. As a Senior Prudential Compliance Manager, you will benefit from a supportive environment that encourages professional growth while working at the forefront of regulatory compliance in a dynamic sector. With a commitment to innovation and excellence, Simplyhealth offers unique opportunities to engage with industry leaders and contribute to meaningful change in the healthcare landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Prudential Compliance & ORSA Lead in England
✨Tip Number 1
Network like a pro! Reach out to professionals in the compliance and risk management field on LinkedIn. Join relevant groups and participate in discussions to get your name out there and show your expertise.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of PRA and Solvency II. We recommend creating a cheat sheet with key points and recent regulatory changes to impress your interviewers with your up-to-date knowledge.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you, and tailor your approach to each company’s culture and mission.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and interested.
We think you need these skills to ace Prudential Compliance & ORSA Lead in England
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Senior Prudential Compliance Manager. Highlight your experience with regulatory frameworks, especially around PRA and ORSA, to show us you’re the right fit for the job.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're passionate about compliance and risk management. Share specific examples of how you've led compliance initiatives or interpreted complex regulations in your previous roles.
Showcase Your Expertise:Don’t shy away from showcasing your subject matter expertise in prudential regulation. We want to see how you’ve navigated Solvency II and capital adequacy in your past positions, so make it clear!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
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 need to demonstrate your ability to lead and enhance compliance frameworks. Prepare examples from your past experiences where you've successfully led teams or projects, particularly in developing compliance policies or managing regulatory submissions.
✨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 highlight 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 the company's approach to risk governance and how they foresee the evolution of regulatory expectations. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
