At a Glance
- Tasks: Ensure compliance with regulations and support key initiatives in a dynamic insurance environment.
- Company: Top-performing specialty insurer in the Lloyd’s Market.
- Benefits: Competitive salary, professional development, and a supportive team culture.
- Other info: Join a forward-thinking team with opportunities for growth and learning.
- Why this job: Make a real impact by promoting a strong compliance culture and driving regulatory excellence.
- Qualifications: Experience in compliance roles and knowledge of FCA and Lloyd’s regulations.
The predicted salary is between 40000 - 50000 £ per year.
Compliance Officer opportunity working with a top performing specialty insurer operating within the Lloyd’s Market. You’ll play a key role in ensuring all regulatory requirements through monitoring, reporting, and supporting key compliance initiatives are met.
Key Responsibilities
- Support the Compliance Team in managing compliance matters and developing the function.
- Track progress against the annual Compliance Plan and report on key actions.
- Conduct compliance monitoring, including field reviews in key risk areas (e.g. contract certainty, slip reviews).
- Assist in preparing Committee and Board reports, including Conduct Risk and Complaints MI.
- Maintain compliance pages on the intranet and manage regulatory reporting requirements.
- Support horizon scanning, policy updates, and process improvements to meet regulatory standards.
- Promote a strong compliance culture and provide clear guidance to business teams.
- Maintain accurate reporting to Lloyd’s and the FCA.
- Monitor completion of compliance training and assist with course development.
- Stay informed on regulatory changes and best practices, communicating key updates as needed.
Skills, Knowledge & Expertise
- Experience in a compliance role within a Managing Agency or Broker.
- Strong knowledge of FCA and Lloyd’s regulations, including DISP and complaints handling.
Compliance Officer employer: Weareedenbrook
Join a leading specialty insurer in the Lloyd’s Market, where you will thrive in a dynamic work culture that prioritises compliance and regulatory excellence. With a strong commitment to employee development, we offer comprehensive training programmes and opportunities for career advancement, ensuring you grow alongside the company. Our collaborative environment fosters innovation and encourages you to contribute to meaningful compliance initiatives that shape the future of our industry.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in compliance roles. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on FCA and Lloyd’s regulations. We want you to be the go-to person for compliance knowledge. Show them you’re not just familiar with the rules but passionate about them!
✨Tip Number 3
Don’t forget to showcase your experience with compliance monitoring and reporting. Use specific examples from your past roles to demonstrate how you’ve tackled compliance challenges head-on.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Compliance Officer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Officer role. Highlight your experience in compliance, especially within a Managing Agency or Broker, and showcase your knowledge of FCA and Lloyd’s regulations. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about compliance and how you can contribute to our team. Be sure to mention any relevant experience with monitoring, reporting, and supporting compliance initiatives.
Showcase Your Regulatory Knowledge:Since this role involves staying informed on regulatory changes, make sure to highlight your understanding of FCA and Lloyd’s regulations in your application. We love candidates who are proactive about keeping up with industry standards!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of 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 Weareedenbrook
✨Know Your Regulations
Make sure you brush up on FCA and Lloyd’s regulations before the interview. Being able to discuss specific regulations like DISP and complaints handling will show that you’re not just familiar with compliance but that you’re genuinely interested in the role.
✨Showcase Your Experience
Prepare examples from your previous roles where you successfully managed compliance matters or improved processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Demonstrate Your Monitoring Skills
Be ready to talk about how you’ve conducted compliance monitoring in the past. Discuss any field reviews you’ve done and how you tracked progress against compliance plans. This will highlight your hands-on experience and attention to detail.
✨Promote a Compliance Culture
Think about ways you’ve promoted a strong compliance culture in your previous roles. Be prepared to share strategies you’ve used to provide guidance to teams and how you’ve communicated regulatory changes effectively.
