Senior Associate - Insurance & Credit

Berkeley Square IT; London; Hybrid; GBP 46,000 - 55,000; Full time

Job summary

A financial services organization in London seeks a skilled Senior Insurance and Compliance Associate to provide crucial support for FCA-regulated firms. You'll be responsible for generating audit reports and engaging with clients while staying abreast of industry developments. The ideal candidate will have relevant experience in insurance or consultancy, possess strong analytical and communication skills, and be proficient in Microsoft Office. This role offers a competitive salary and a hybrid work arrangement.

Qualifications

• Recent experience in an insurance firm or consultancy background.
• Proficient in numerical skills and articulate communication.
• Thorough understanding of compliance principles.

Responsibilities

• Generate comprehensive audit reports with minimal support.
• Engage with clients to address technical queries.
• Stay updated on FCA and industry advancements.

Skills

Analytical skills

Effective communication

Numerical skills

Time management

Tools

Microsoft Office

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.

Key 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.