At a Glance
- Tasks: Lead compliance strategy for Commercial Lines, ensuring adherence to regulations and best practices.
- Company: Dynamic insurance firm with a focus on integrity and ethical conduct.
- Benefits: Private medical insurance, generous leave, life assurance, and matched pension contributions.
- Why this job: Shape compliance culture and make a real impact in a fast-paced environment.
- Qualifications: Extensive compliance experience in insurance, strong leadership, and communication skills.
- Other info: Hybrid role with opportunities for professional development and team mentorship.
The predicted salary is between 43200 - 72000 £ per year.
This role can be hybrid to Manchester, Southampton or Birmingham. We are looking for a Head of Compliance who will be responsible for shaping and executing the compliance strategy for our Commercial Lines Business - experience in Commercial Lines and/or London Markets are required. The role holder will lead a team in the provision of expert advice, guidance, oversight, and robust challenge, ensuring the organisation adheres to all regulatory requirements and best practice standards. As a trusted advisor to senior management, the Head of Compliance champions a culture of integrity and ethical conduct throughout the business.
Key Accountabilities & Responsibilities:
- Lead the development and implementation of the overall compliance strategy for the commercial lines business, aligned with relevant regulations and industry standards.
- Provide proactive compliance advice, support, and challenge to senior leadership and operational teams, enabling informed decision-making and risk management.
- Working with Group R&C colleagues to oversee the design, maintenance, and continual improvement of compliance policies, frameworks, and controls across all business activities.
- Support the business to identify, assess and implement changes arising from regulatory developments, ensuring continual compliance with all regulatory requirements.
- Act as the principal point of contact for external stakeholders as required on compliance matters, representing the business effectively and transparently.
- Ensure the design and delivery of compliance training and awareness programmes, embedding a strong compliance culture across the organisation.
- Prepare and present compliance reports, metrics, and insights to senior management including executive governance committees as required.
- Support the investigation and resolution of compliance breaches and other business incidents, ensuring lessons are learned and corrective actions implemented.
- Manage and mentor a team of two compliance professionals, fostering their professional development and supporting high performance.
- Champion the delivery of good customer outcomes, ethical business conduct and risk management across the business, engaging with colleagues at all levels to promote best practice and continuous improvement.
Skills, Experience & Knowledge:
- Extensive experience in compliance management within the insurance or financial services sector, with a proven track record of delivering strategic compliance initiatives.
- Experience working with Commercial lines products and/or London markets.
- In-depth understanding of relevant regulatory frameworks, including FCA requirements, and a strong grasp of industry best practices.
- Excellent communication and influencing skills, with the ability to engage effectively with senior stakeholders and provide authoritative advice and challenge.
- Demonstrated leadership capabilities, including the ability to foster a culture of integrity, ethical conduct, and continuous improvement across the organisation.
- Strong analytical and problem-solving skills, with a keen eye for detail and the capacity to manage complex compliance matters.
What we offer in return?
- A collaborative and fast paced work environment.
- Private Medical Insurance.
- 25 days annual leave increasing to 29 days with length of service, plus bank holidays and the ability to buy additional leave.
- Life Assurance 4x annual salary.
- Pension contributions matched up to 5%.
Head of Compliance - Commercial Lines in Salford employer: Vermelo RPO
Contact Detail:
Vermelo RPO Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance - Commercial Lines in Salford
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. 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 compliance culture. We recommend practising common interview questions and having your own questions ready to show your interest and knowledge about the role.
✨Tip Number 3
Showcase your expertise! During interviews, share specific examples of how you've tackled compliance challenges in the past. We want to see your problem-solving skills in action!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Head of Compliance - Commercial Lines in Salford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Compliance role. Highlight your experience in Commercial Lines and any relevant regulatory frameworks you've worked with. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've led compliance initiatives and fostered a culture of integrity in previous positions.
Showcase Your Leadership Skills: As a Head of Compliance, you'll be leading a team. Make sure to highlight your leadership experience in your application. We love to see how you've mentored others and driven high performance in your past roles.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, we love seeing candidates who take that extra step!
How to prepare for a job interview at Vermelo RPO
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of compliance regulations, especially those related to Commercial Lines and the FCA. Being able to discuss specific regulatory frameworks and how they apply to the role will show that you're not just familiar with the basics but are ready to dive deep.
✨Showcase Your Leadership Skills
Since this role involves managing a team, be prepared to share examples of how you've successfully led teams in the past. Highlight your ability to foster a culture of integrity and ethical conduct, as well as how you've mentored others to achieve high performance.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific compliance challenges or breaches. Think about real-life scenarios you've faced and how you resolved them, focusing on your analytical and problem-solving skills. This will demonstrate your capability to manage complex compliance matters.
✨Engage with Senior Stakeholders
Since you'll be advising senior management, practice articulating your thoughts clearly and confidently. Prepare to discuss how you've influenced decision-making in previous roles and how you can effectively communicate compliance strategies to various stakeholders.