At a Glance
- Tasks: Ensure compliance with regulations and support key initiatives in a dynamic insurance environment.
- Company: Join a top-performing specialty insurer in the Lloyd’s Market.
- Benefits: Competitive salary, professional development, and a supportive team culture.
- Other info: Opportunity for career growth in a fast-paced, evolving industry.
- Why this job: Make a real impact by promoting a strong compliance culture and guiding business teams.
- 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 in London employer: Weareedenbrook
Join a leading specialty insurer in the Lloyd’s Market, where you will thrive in a dynamic work environment that prioritises compliance and regulatory excellence. Our commitment to employee development is reflected in our robust training programmes and opportunities for career advancement, all while fostering a collaborative culture that values integrity and innovation. Located in the heart of London, we offer a vibrant workplace with access to industry events and networking opportunities, making it an ideal setting for professionals looking to make a meaningful impact in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer in London
✨Tip Number 1
Network like a pro! Reach out to people in the compliance field, especially those working in the Lloyd’s Market. A friendly chat can lead to insider info about job openings and even referrals.
✨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, so show off your expertise during those crucial conversations!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values. Use our website to find roles that excite you and match your skills. Tailor your approach to each company’s culture and compliance needs.
✨Tip Number 4
Stay updated on regulatory changes and best practices. Share your insights during interviews to demonstrate your commitment to maintaining a strong compliance culture. It’ll set you apart from the competition!
We think you need these skills to ace Compliance Officer in London
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 specific about your past experiences and how they relate to the key responsibilities mentioned in the job description.
Showcase Your Compliance Knowledge:In your application, don’t forget to mention any relevant training or certifications you have. We love candidates who stay informed on regulatory changes and best practices, so if you’ve got insights or examples, share them with us!
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 at StudySmarter!
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 contributed to compliance initiatives. 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.
✨Stay Updated on Changes
Show that you’re proactive by discussing how you keep yourself informed about regulatory changes and best practices. Mention any resources you use or networks you’re part of, as this demonstrates your commitment to maintaining a strong compliance culture.
