Senior Compliance Manager - Insurance - Financial Services

Opportunity Review: Senior Compliance Manager - Insurance (John Lewis Financial Services)

For seasoned compliance professionals looking to make a significant impact within a dynamic and growing financial services environment, the Senior Compliance Manager - Insurance role at John Lewis Financial Services presents a compelling opportunity. This position is integral to supporting a major transformation programme, offering a chance to shape the future of insurance propositions and ensure fair customer outcomes.

Key Advantages for Candidates:

• Strategic Impact: You will be a crucial SME, providing essential advice, oversight, and challenge that directly influences the direction of Car and Home insurance products.
• Transformational Involvement: This role places you at the heart of a major transformation initiative, offering exposure to significant change management and strategic development within John Lewis Finance.
• Customer-Centric Focus: A core element of this role is driving fair customer outcomes and ensuring compliance with the FCA's Consumer Duty, aligning with ethical and customer-centric business practices.
• Employee Ownership Culture: As part of the John Lewis Partnership, you'll be a Partner in the UK's largest employee-owned business. This unique model fosters a sense of shared responsibility, reward, and belonging, contributing to a truly collaborative work environment.
• Flexible Working: The Partnership embraces a hybrid working approach, allowing for a blend of office-based collaboration and home working to suit personal needs while balancing business requirements. The team aims for approximately one day per week in the office for connection, with additional ad-hoc attendance for key meetings.
• Professional Development: The role offers opportunities to deepen your expertise in UK Financial Services regulation, particularly within the insurance sector, and to hone your stakeholder management and influencing skills.
• Competitive Remuneration: The salary range of £59,800.00 - £90,000.00 reflects the seniority and importance of this role.

Key Considerations for Candidates:

• Contract Type: Please note that this position is a Secondment/Fixed Term contract for 6 months only. Candidates should be aware of this duration when considering the opportunity.
• Location: The role is based at the Pimlico Head Office in London. While hybrid working is supported, regular access to the office will be required.
• Interview Process: Be prepared for a 2-stage interview process, which will allow both you and the team to assess suitability.
• Regulatory Depth: A deep understanding of UK Financial Services regulatory frameworks, specifically FCA Conduct requirements, sourcebooks (including ICOBs), and the Consumer Duty, is essential.
• Insurance Sector Experience: Significant experience working in Compliance for a UK-based insurer, ideally an insurance broker, is a prerequisite.
• Stakeholder Engagement: The ability to build and maintain strong working relationships with diverse internal and external stakeholders is critical for success.
• Proactive Application: Given the potential for vacancies to close early due to high applicant interest, it is advisable to apply as soon as possible.

This Senior Compliance Manager role offers a significant platform for a skilled compliance professional to contribute to a pivotal transformation within a highly respected employee-owned organisation. If you possess the requisite expertise and are seeking a challenging yet rewarding opportunity, this role warrants serious consideration.