At a Glance
- Tasks: Lead compliance efforts and design a future-proof compliance framework for strategic growth.
- Company: Established insurer with a supportive culture and clear career progression.
- Benefits: Competitive salary, bonus, and benefits with a clear path to senior roles.
- Why this job: Step into your first Head of Compliance role with guidance from a respected leader.
- Qualifications: Experienced Compliance Manager with knowledge of insurance regulations and team management skills.
- Other info: Office-based role in Manchester with excellent career growth opportunities.
The predicted salary is between 75000 - 85000 £ per year.
Location: Manchester (Office-based)
Salary: £75k - £85k + bonus + benefits
What’s in it for you? Your first Head of Compliance role, that’s what. And a clear path to the SMF16 role when you’re ready. It’s been a frustrating market for anyone looking to step up into a Head of Compliance role, with most employers tending to replace like with like, focusing on those already experienced at this level. But this forward-thinking client sees this position as an ideal opportunity for you to make that step up. You’ll be reporting into a very highly respected Chief Risk & Compliance Officer who’ll provide you with all the support you need to be successful. Come in as Head of Compliance, without the added responsibility of the SMF16 function. And then take on the SMF16 position when you’re happy and ready to do so. Yes, you can have your cake and eat it!
What you’ll be doing:
- Working for an established, successful Insurer and managing a small team of 5.
- Responsible for designing, implementing and maintaining a future-proof compliance framework that actively enables strategic, compliant growth.
- Design and oversee a proportionate Compliance Monitoring Plan and provide oversight of Consumer Duty, including outcomes testing and Board reporting.
- Advise on any regulatory change and support any appropriate implementation across the business.
- Act as the primary point of contact for the FCA and PRA, including submissions, notifications and supervisory engagement.
What we’re looking for:
- An experienced Compliance Manager from the Insurance arena, with a strong working knowledge of relevant regulations including ICOBS, PROD, SYSC, DISP and Consumer Duty.
- A proven track record of managing and developing small teams.
- Ability to act as a trusted and pragmatic business partner with experience of successfully challenging senior management as and when required.
- Experience of working with the PRA would be advantageous.
Please note this is a fully office based role and so you must be able to commute into the firm's Head Office in Manchester City Centre 5 days a week.
Interested? If so, click apply and send over your CV.
Head of Compliance (Insurance) in Manchester employer: Willow Resourcing Limited
Contact Detail:
Willow Resourcing Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance (Insurance) in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the hunt for a Head of Compliance role. You never know who might have the inside scoop on opportunities or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of ICOBS, PROD, SYSC, DISP, and Consumer Duty. Be ready to discuss how you've successfully navigated compliance challenges in the past. Show them you’re not just a candidate, but the candidate!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds and shows your professionalism.
✨Tip Number 4
Apply through our website for a smoother process! We want to see your application and help you land that Head of Compliance role. Plus, it’s a great way to ensure your CV gets into the right hands quickly.
We think you need these skills to ace Head of Compliance (Insurance) in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Compliance role. Highlight your experience in compliance management and any relevant regulations you've worked with, like ICOBS and Consumer Duty. We want to see how your background aligns 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 the perfect fit for this role and how you can contribute to our compliance framework. Be genuine and let your personality come through – we love to see that!
Showcase Your Leadership Skills: Since you'll be managing a small team, it's crucial to demonstrate your leadership abilities. Share examples of how you've successfully led teams in the past and how you’ve developed others. We’re keen to see your approach to building a strong team culture!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows your enthusiasm for joining our team at StudySmarter!
How to prepare for a job interview at Willow Resourcing Limited
✨Know Your Regulations
Make sure you brush up on the key regulations like ICOBS, PROD, SYSC, DISP, and Consumer Duty. Being able to discuss these confidently will show that you're not just familiar with compliance but that you can also apply this knowledge practically.
✨Showcase Your Leadership Skills
Since you'll be managing a small team, prepare examples of how you've successfully led teams in the past. Think about challenges you've faced and how you overcame them, as well as how you’ve developed others in your team.
✨Understand the Business
Research the company’s current compliance framework and any recent regulatory changes they might be facing. This will help you tailor your answers and demonstrate that you’re proactive and ready to contribute from day one.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific compliance scenarios or regulatory changes. Practise articulating your thought process and decision-making skills, as this will highlight your ability to act as a trusted business partner.