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A prominent insurance firm in London is looking for a Compliance Manager to lead compliance initiatives and manage regulatory frameworks. The role involves overseeing regulatory change, leading a team, and ensuring compliance with industry regulations. Ideal candidates should have at least 6 years of relevant experience and strong knowledge of UK regulations. Join a dynamic team focused on innovation and compliance excellence.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
We are seeking a highly capable and experienced Compliance Manager to join the Arch UK Compliance team. You will be a key member of the Compliance Function, delivering on items within the Compliance Plan, including leading our SMCR and horizon scanning frameworks, and overseeing regulatory change management.
This opportunity involves working within a fast-paced, growing team and you will be part of a dynamic Compliance team supporting you in your career growth. We are looking for a compliance professional who can adapt to this dynamic environment; navigate the complex regulatory environment; and provide a clear steer to ensure the business remains compliant, and aligned with best practice.
The successful candidate will also line manage a Licensing and Reporting Officer, providing leadership and overseeing the submission of regulatory returns, licensing applications and advice to business on licensing queries.
SMCR (Senior Managers and Certification Regime)
Lead the activities linked to the firm’s SMCR framework, including Statements of Responsibilities, Handover documents, Management Responsibilities Maps, and Fitness & Propriety assessments.
Lead the onboarding and offboarding of Senior Managers and Certified Persons across the UK-regulated entities.
Deliver SMCR training and guidance to Senior Managers and Certified Persons to ensure understanding and compliance with regulatory expectations.
Coordinate with HR to ensure effective certification processes and annual reassessments.
Regulatory Change Management
Conduct regulatory horizon scanning and maintain up to date knowledge of UK regulators (FCA, PRA, Lloyd’s), Lloyd’s Europe, and international regulators, where relevant.
Identify upcoming regulatory changes affecting the business and lead impact assessments.
Provide subject matter guidance and oversee the implementation of required changes to policies, controls and business processes.
Maintain the regulatory change log and report regularly to relevant Committees and senior management.
Regulatory Returns and Licensing
Oversee the preparation and submission of regulatory returns and licensing applications, ensuring accuracy, completeness, and timeliness.
Provide technical guidance and quality assurance of returns and applications prepared by the Licensing and Reporting Officer.
Enhance controls around the regulatory reporting process.
Support the review of technical licensing queries and advice to the business, as well as the maintenance of the licensing guide.
Ensure robust record-keeping aligned with internal governance.
Other responsibilities
Manage and develop the Licensing and Reporting Officer, including setting objectives, providing coaching, and conducting performance reviews.
Undertake a second-line review and challenge the business’ assessment against the Lloyd’s Principles.
Prepare regular compliance reports and regulatory updates for consumption by Committee members and senior management.
Support compliance projects, including assisting with enhancements to the Compliance framework, processes, and procedures.
Participate and contribute to the delivery of the annual Compliance Plan. Taking a lead where necessary.
Drive improvements in areas of responsibility and propose changes to improve compliance and business efficiency.
Support the development of training materials and provide training where relevant.
Promote a strong compliance culture across all areas of the business.
Qualifications & Experience
Minimum 6 years’ regulatory or Compliance experience within the UK insurance market.
Relevant professional qualifications (e.g., ICA, CII, or similar) are desirable.
Strong knowledge of FCA, PRA, and Lloyd’s regulations, guidelines, and industry standards.
Experience of leading and/or managing complex regulatory change programmes within a regulated insurance firm.
Familiarity with international regulatory regimes relevant to the insurance industry (e.g., EIOPA, Lloyd’s) is advantageous.
Previous line management or mentoring experience is desirable.
Skills / Competencies
Confident communicator with excellent stakeholder management skills across all levels of the organisation.
High levels of attention to detail, sound judgement, and ability to work independently in a fast-paced regulatory environment.
Strong analytical, organisational, and project management skills.
Ability to understand and articulate complex regulatory themes or requirements concisely.
Adaptability to a dynamic and fast-paced insurance environment and a “can-do” attitude.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. Do not miss the opportunity to join our growing team and contribute to our Compliance function. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
* Le salaire de référence se base sur les salaires cibles des leaders du marché dans leurs secteurs correspondants. Il vise à servir de guide pour aider les membres Premium à évaluer les postes vacants et contribuer aux négociations salariales. Le salaire de référence n’est pas fourni directement par l’entreprise et peut pourrait être beaucoup plus élevé ou plus bas.