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 a key player in shaping compliance strategies and making 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.
Senior Prudential Compliance Manager in England employer: Simplyhealth
Simplyhealth is an exceptional employer, offering a dynamic work environment where compliance and risk management professionals can thrive. With a strong commitment to employee development, we provide ample opportunities for growth and advancement within our Risk & Assurance function. Our collaborative culture fosters innovation and ensures that you will be at the forefront of regulatory compliance, making a meaningful impact in the evolving landscape of prudential regulation.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Prudential Compliance Manager in England
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Prudential Compliance Manager role.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of PRA and FCA requirements. We suggest creating a cheat sheet of key regulations and recent changes to show off your expertise when you get that interview call.
✨Tip Number 3
Don’t forget to showcase your leadership skills! As a Senior Prudential Compliance Manager, you’ll need to demonstrate how you’ve led teams or projects in the past. We recommend having specific examples ready to share during interviews.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Senior Prudential Compliance Manager in England
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with regulatory compliance, especially in areas like Solvency II and ORSA. We want to see how your skills align with the role of Senior Prudential Compliance Manager.
Showcase Your Expertise:Don’t hold back on demonstrating your knowledge of prudential regulations and frameworks. Use specific examples from your past roles to illustrate how you've successfully navigated complex regulatory environments.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your key achievements and experiences stand out without unnecessary fluff.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. 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 develop policies and frameworks that align with regulatory expectations.
✨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 or capital adequacy and be ready to explain your thought process and decision-making strategies.
✨Engage with the Interviewers
Don't just answer questions; engage in a dialogue. Ask insightful questions about the company's current compliance challenges or their approach to emerging regulatory developments. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
