Senior Associate - Insurance & Credit

Berkeley Square IT; City Of London; Hybrid; GBP 55,000 - 64,000; Full time

Job summary

A financial services consultancy is seeking a Senior Insurance and Compliance Associate based in London. This hybrid role involves generating audit reports, contributing to FCA authorization applications, and engaging with clients on compliance matters. Ideal candidates will have recent industry experience and strong numerical and analytical skills. The position offers a salary of up to £55,000 and presents significant opportunities for professional growth.

Qualifications

• Recent experience in an insurance firm, with possible exposure to consumer credit or mortgage sectors.
• Proficient in all Microsoft packages.
• Thorough understanding of compliance principles.

Responsibilities

• Generate comprehensive audit reports with minimal support.
• Contribute to FCA authorization applications for various firms.
• Directly engage with clients to address technical queries.

Skills

Numerical skills

Articulate communication

Analytical prowess

Time management

Attention to detail

Tools

Microsoft Office Suite

Job description

Senior Insurance and Compliance Associate - London - Hybrid - up to £55,000

Embrace an exciting opportunity with a highly decorated organisation as a Senior Insurance and Compliance Associate, offering a pathway for professional growth in the financial services arena. Make a substantial impact by providing essential support to FCA-regulated firms.

Responsibilities

• Generate comprehensive audit reports with minimal support.
• Progress from guided to independent client visits.
• Analyse and evaluate client documentation adeptly, aligning with relevant legal and regulatory frameworks.
• Contribute to FCA authorization applications for diverse firms, spanning insurance, consumer credit, and mortgage entities.
• Stay abreast of FCA and industry advancements, delivering timely updates to the firm.
• Directly engage with clients to address technical queries and guide them through the application process.

Technical Mastery

• Demonstrate a nuanced understanding of the immediate and far-reaching implications when implementing regulations in practical scenarios.
• Showcase effective time management, prioritization skills, and the ability to delegate tasks adeptly.
• Execute all responsibilities meticulously, emphasizing quality and attention to detail.
• Possess operational knowledge of the insurance sector, with additional expertise in consumer credit and mortgage sectors deemed advantageous.

Experience / Qualifications

• Recent and pertinent experience in an insurance firm, potentially including exposure to consumer credit or mortgage firms, or a consultancy background in insurance, consumer credit, and/or mortgage entities.
• Proficient in numerical skills, articulate communication, and analytical prowess, coupled with proficiency in all Microsoft packages.
• Thorough understanding of compliance principles.

Note: The scope of this role extends beyond the outlined duties, necessitating adaptability and a willingness to embrace change in response to the dynamic nature of the market.