At a Glance
- Tasks: Lead compliance initiatives and ensure regulatory adherence across multiple jurisdictions.
- Company: Established insurance broker with a strong reputation in the industry.
- Benefits: Hybrid working model, potential for contract extension, and direct reporting to the CEO.
- Other info: Opportunity for career growth and to be a key player in risk management.
- Why this job: Make a significant impact on compliance strategies in a dynamic global environment.
- Qualifications: Senior compliance experience in general insurance, with knowledge of UK and EU regulations.
The predicted salary is between 65000 - 78000 £ per year.
Interim Compliance Manager (initial 12-month Fixed Term Contract) Insurance Broker (GI)
Location: London (Hybrid – 3 or 4 days per week in the office)
An initial 12-month Fixed Term Contract. It could be extended or even made permanent.
It’s effectively a Compliance Lead role without the SMF responsibility (the firm is an AR of a larger group). You’ll be working for a well-established, specialist Insurance Broker, reporting directly to the CEO.
You will:
- Monitor and interpret regulatory developments across a global office footprint including the UK, EU, Middle East and U.S.
- Maintain and update the compliance framework, ensuring local regulatory compliance in each jurisdiction.
- Implement and ensure compliance with the Financial Crime framework and ensure financial crime risk is embedded in new product approvals.
- Own and maintain the Enterprise Risk Management framework, including the firm's risk register, risk appetite, and control effectiveness reviews.
- Operate as the data protection SME for the business.
You will be an experienced senior compliance professional with strong general insurance experience, ideally with a broker. You will have an excellent understanding of relevant regulatory requirements, including UK ICOBS and EU IDD frameworks as well as Financial Crime regulations in the UK and EU.
Regulatory Compliance Manager - Insurance in City of London employer: Willow Resourcing Limited
Join a rapidly growing Consumer Lending firm in London, where you will benefit from a supportive work culture that prioritises employee development and mentorship. With a hybrid working model and a focus on career progression, this role offers you the chance to broaden your skills while being part of an exciting journey as the company expands into new markets. Enjoy competitive benefits and the opportunity to make a meaningful impact in a dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Compliance Manager - Insurance in City of London
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like Willow Resourcing Limited when they’re searching for someone to fill a temporary position.
✨Tap into Recruitment Agencies
Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from Willow Resourcing Limited!
We think you need these skills to ace Regulatory Compliance Manager - Insurance in City of London
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Regulatory Compliance Manager - Insurance, make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at Willow Resourcing Limited. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at Willow Resourcing Limited
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at Willow Resourcing Limited.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit Willow Resourcing Limited in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at Willow Resourcing Limited.
