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 senior stakeholders and a focus on sustainable growth.
- 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 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 (Southampton) in Northam employer: Simplyhealth
Simplyhealth is an exceptional employer, dedicated to improving healthcare access in the UK for over 150 years. With a strong commitment to employee development and a collaborative work culture, we offer meaningful opportunities for growth while ensuring our team plays a vital role in shaping compliance frameworks that support our mission. Located in Southampton, our team enjoys a supportive environment that values innovation and proactive engagement with regulatory standards, making it an ideal place for professionals seeking to make a significant impact in the healthcare sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Prudential Compliance Manager (Southampton) in Northam
✨Tip Number 1
Network like a pro! Reach out to connections in the compliance and risk management sectors. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of PRA regulations and Solvency II. We recommend creating a cheat sheet of key points to discuss, so you can showcase your expertise confidently.
✨Tip Number 3
Don’t just wait for job openings to pop up! Be proactive and reach out to companies you admire, like Simplyhealth. Express your interest in their work and how you could contribute to their compliance efforts.
✨Tip Number 4
Finally, 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 genuinely interested in joining our mission.
We think you need these skills to ace Senior Prudential Compliance Manager (Southampton) in Northam
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, especially those related to PRA and FCA requirements. We want to see how your background aligns with what Simplyhealth is looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about improving healthcare access and how your expertise in prudential regulation can contribute to Simplyhealth's mission. Let us know what makes you the perfect fit for this role.
Showcase Your Expertise:In your application, don’t shy away from showcasing your knowledge of Solvency II, ORSA, and capital adequacy. We’re looking for someone who can act as a subject matter expert, so make sure to highlight relevant projects or experiences that demonstrate your skills.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team!
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 be ready to explain your approach to managing these situations.
✨Engage with the Interviewers
Don't forget that interviews are a two-way street! Prepare thoughtful questions about Simplyhealth's compliance strategies and how they align with evolving regulatory expectations. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
