Head of Compliance (Insurance)

Head of Compliance (Insurance)

Full-Time 36000 - 60000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead compliance efforts and design a future-proof compliance framework for strategic growth.
  • Company: Join a high-growth insurer with a supportive culture and clear career progression.
  • Benefits: Opportunity to step into a Head of Compliance role with mentorship from a respected leader.
  • Other info: Fully office-based role in vibrant Manchester City Centre, ideal for ambitious professionals.
  • Why this job: Make a real impact in compliance while preparing for the SMF16 role at your own pace.
  • Qualifications: Experienced Compliance Manager with knowledge of insurance regulations and team management skills.

The predicted salary is between 36000 - 60000 £ per year.

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.
  • 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) employer: Willow Resourcing

Join a fast-growing Consumer Lending firm in London, where you'll benefit from a supportive work culture that prioritises employee development and mentorship. With a talented Head of Compliance guiding you, this role offers a unique opportunity to expand your skills while contributing to the company's exciting growth trajectory. Enjoy hybrid working arrangements and be part of a dynamic team that values compliance excellence and career progression.

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Contact Details:

Willow Resourcing Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Head of Compliance (Insurance)

Tip Number 1

Network like a pro! Reach out to your connections in the insurance sector and let them know you're on the lookout for a Head of Compliance role. You never know who might have the inside scoop on opportunities that aren't even advertised yet.

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 – this will show you're the right fit for the role.

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. We recommend checking out our website for tailored job listings that suit your experience and aspirations in compliance.

Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the role and helps build rapport with potential employers.

We think you need these skills to ace Head of Compliance (Insurance)

Compliance Framework Design
Compliance Monitoring Plan
Consumer Duty Oversight
Regulatory Change Advisory
FCA Engagement
PRA Engagement
Knowledge of ICOBS

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, especially within the insurance sector, and showcase your knowledge of relevant regulations like ICOBS and Consumer Duty.

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. Mention your leadership experience and how you’ve successfully managed teams in the past. Don’t forget to express your enthusiasm for the opportunity!

Showcase Your Achievements:When detailing your work experience, focus on your achievements rather than just responsibilities. Use specific examples that demonstrate your ability to design and implement compliance frameworks or manage regulatory changes effectively.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application directly and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Willow Resourcing

Know Your Regulations

Make sure you brush up on the relevant 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 Context

Research the company and its strategic goals. Be ready to discuss how your compliance framework can support their growth while ensuring they remain compliant. This shows that you’re not just a compliance expert but also a business partner.

Prepare for Regulatory Engagement Questions

As the primary contact for the FCA and PRA, expect questions about your experience with regulatory submissions and supervisory engagement. Have specific examples ready to demonstrate your ability to navigate these relationships effectively.