At a Glance
- Tasks: Lead compliance initiatives and ensure regulatory alignment in a dynamic insurance environment.
- Company: Top-performing specialty insurer in the Lloyd's market with a strong reputation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Join a supportive team and thrive in a fast-paced, evolving industry.
- Why this job: Make a real impact on compliance and risk management in a leading insurance firm.
- Qualifications: 5 years' compliance experience and strong knowledge of Consumer Duty and Product Governance.
The predicted salary is between 40500 - 49500 £ per year.
Compliance Manager opportunity working with a top performing opportunity specialty insurer operating within the Lloyd's market.
Reporting into the Head of Compliance, you will take ownership on a broad range of duties, particularly areas surrounding Conduct Risk, Advisory and Monitoring.
Key Responsibilities
- Lead the Conduct Risk framework, including Consumer Duty, Product Governance, vulnerable customers and product value/lifecycle reviews.
- Provide senior oversight of compliance reporting, governance papers, complaints, thematic reviews and remediation across UK and international operations.
- Review and challenge policies, procedures and controls, ensuring regulatory alignment and effective risk management.
- Lead compliance monitoring across contract certainty, licensing, financial crime/AML and Lloyd's Insurance Company Europe.
- Own regulatory reporting to the PRA, FCA and Lloyd's, alongside compliance reporting to the parent company.
- Assess regulatory developments and advise stakeholders on impact and implementation.
- Own Financial Promotion sign-off, providing senior advice and constructive challenge to the business.
- Act as a senior compliance adviser, supporting the Head of Compliance and providing guidance across the Group.
Key Skills and Experience
- 5 years' compliance experience within the Lloyd's market.
- Must have a strong understanding of Consumer Duty and Product Governance.
- Thorough understanding of PRA, FCA and Lloyd's requirements, including Lloyd's Principles.
- #J-18808-Ljbffr
Compliance Manager employer: Weareedenbrook
Weareedenbrook is an excellent employer, offering a vibrant work culture in the heart of London that fosters collaboration and innovation. Employees benefit from comprehensive training and development opportunities, ensuring personal and professional growth within the dynamic insurance sector. With a focus on building strong relationships and a commitment to excellence, joining our team means being part of a supportive environment where your contributions are valued.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Weareedenbrook looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Manager
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Weareedenbrook. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Weareedenbrook
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Weareedenbrook’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
