Associate - Insurance and Credit

Berkeley Square IT; City Of London; Hybrid; GBP 25,000 - 30,000; Full time

Job summary

A leading financial services firm in London is seeking an Insurance & Compliance Associate to provide essential support to FCA-regulated firms. Candidates should have a Bachelor's degree in law or a related field and experience in the insurance industry. This role offers hybrid work arrangements and the opportunity for career advancement in a dynamic market, with responsibilities including client documentation analysis and FCA authorization assistance.

Qualifications

• A Bachelor's degree is required for this role.
• Extensive background in insurance is ideal.
• Demonstrated understanding of regulatory compliance is necessary.

Responsibilities

• Review and analyze client documentation per legal standards.
• Address technical inquiries from clients.
• Stay updated on FCA developments and communicate changes to clients.
• Assist with FCA authorization applications.
• Engage directly with clients for support.

Skills

Insurance knowledge

Regulatory compliance understanding

Proficiency in Microsoft packages

Numeracy

Articulation and analysis

Education

Bachelor's degree in law or related field

Job description

Insurance & Compliance Associate - London - Hybrid - Salary up to £30,000

An exciting opportunity awaits for a motivated individual to join an award-winning organization as a Insurance & Compliance Associate. This role offers the chance to advance your career in the financial services industry, providing crucial support to FCA-regulated firms. The idea candidate will have a solid background in working for an Insurance firm previously and has a willingness to move into a compliance and consulting role.

Note: This role extends beyond the specified duties, requiring adaptability and a willingness to embrace change due to the dynamic nature of the market.

Responsibilities

• Thoroughly review and analyse client documentation, adhering to applicable legal and regulatory frameworks.
• Address technical inquiries post-submission.
• Transition from supported client visits to independent visits.
• Stay informed about FCA and industry developments to deliver regular updates to the firm.
• Assist in FCA authorization applications for various insurance, consumer credit, and mortgage firms.
• Engage directly with clients to aid with technical queries and support application processes.
• Acquire knowledge in consumer credit, mortgage industry, and the application of regulatory frameworks.
• Exhibit awareness of both immediate and broader implications when implementing regulations in practice.

Experience / Qualifications

• Possess a Bachelor's degree in law or a related field.
• Possess extensive Insurance knowledge, ideally from previous experience of working within an Insurance firm.
• Demonstrated solid understanding of regulatory compliance.
• Proficient in numeracy, articulation, analysis, and all Microsoft packages.