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Helping a start-up Lloyd's Market insurer with an Interim Solution

London Market Insurer

The Challenge

A start-up London Market Insurer needed an interim solution whilst searching for a key permanent role within their Compliance function. They had become frustrated with the lack of technical understanding from generic suppliers and engaged FourthLine as a specialist provider of Governance, Risk and Compliance capability.
FourthLine were able to offer a fully combined Interim Management and Permanent Contingent service in order to successfully assist with their growth plans. As an existing customer in our network, they made contact through our Permanent team, who scoped out their requirements and directed them to our Contract team to assist with their Interim need.

  • Through comprehensive questioning, we identified and gained a clear understanding of the job specification, enabling us to search for the best candidates, eliminating risks to time and cost.
  • Our service operates on a basis which places all delivery risk on us, there is no upfront cost commitment as fees are only generated if we make a successful placement. Therefore we guarantee a thorough qualification of our clients’ needs and transparency throughout.
  • We used our Core Competency Framework (CCF) to identify the best candidate for the role. This tool was developed through research and analysis in our specialist disciplines and via in-depth interviews and surveys with industry experts to identify the skills and behaviours of the top 20% of Regulatory Compliance talent. In this case these skills included; extensive compliance framework design and implementation experience, varied blend of financial services experience including industry and consulting as well as curiosity and an inquisitive approach. Email us for the full CCF report

Our client set out to interview one candidate, which they had found through an alternative provider. On our recommendation, they brought in another candidate to offer comparison. We then used the CCF and our large London Market Candidate Network to identify a strong compliance professional who demonstrated experience in setting up Compliance functions within start-up businesses.
We managed the interview process, ensuring our associate was fully equipped to present their knowledge and experience. Due to our thorough qualification and in-depth search, the post-interview negotiation ran smoothly and the client made the hire a week after first engagement.
The Hiring Manager was extremely satisfied with the calibre of our associate and service we provided.

“I was very pleased with the efficient service we received from FourthLine. They helped identify the best strategy to take forward and their advice resulted in us finding the perfect candidate for the role.” Chief Risk Officer

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