Senior Associate - Fixed Insurers Supervisor
Senior Associate - Fixed Insurers Supervisor
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Job Description
Senior Supervisor Retail & Health Fixed Insurers
Division Insurance
Department Fixed Retail Insurance
Salary National (Edinburgh and Leeds) ranging from 52400 to 58500 and London 57700 to 65000 per annum (Salary offered will be based on skills and experience)
About the FCA
The FCA regulates the conduct of 45000 firms in the UK to ensure our financial markets are honest fair and competitive. Follow this link to find out more About the FCA.
We are looking for someone to join the Fixed Retail Insurers Supervision Team in the Market Interventions Insurance Division at the Financial Conduct Authority (FCA). You will play an important role in the development and delivery of the supervisory strategies for Retail General and Health Insurance firms.
Joining the Fixed Retail Insurers Team gives you the opportunity to be at the heart of our insurance supervision strategy helping ensure firms and markets work well so that customers get a fair deal. Your role will involve regular engagement with one or more of the firms we supervise. A typical day can range from meeting with CEOs to reviewing Board Papers or helping with a range of reactive issues.
We are looking for people who enjoy using their analytical skills to make sound judgements and who are great at building relationships. Your personal development is important to us. Well do what we can to help you develop and progress in your career and well make sure you have the training support and tools you need to do that.
What will you be doing
Managing day to day relationships with key insurers in the retail insurance market
Using experience knowledge and professional judgement to make complex riskbased decisions
Playing an important role in setting our supervision strategies and in implementing our plans and actions
Analysing complex information to understand the risks posed by firms and make recommendations for action
Preparing clear written documents relaying complex information in the FCA tone
Ensuring key risks and information are escalated quickly and clearly within the FCA
What will you get from the role
You will be part of a diverse and experienced team who pride themselves in their supportive and collaborative approach
You will be given responsibility and empowerment making important decisions and helping to make a difference to the financial wellbeing of consumers and the insurance market
You will have influence over supervisory strategy and changing firms senior management behaviour
Which skills are required
We are a Disability Confident Employer; therefore disabled people or individuals with longterm conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)
Minimum
Prior and concise drafting experience with strong attention to detail
Prior experience building rapport and constructive relationships with key contacts both internally and externally
Essential
Proactive approach to work and being curious and able to use your own initiative and prioritise where necessary
Delivery focussed & taking pride in seeing the job through
Experience of delivering strategies to mitigate risks and identify failings using a range of tools/methods
Willing to learn and develop take on new responsibilities and adopt a flexible approach to your work
A great team player able to work together with the team to achieve positive outcomes
Ability to make logical and timely decisions
Previous experience of working in financial services or a regulatory body
Our Values & Diversity
We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths views and experiences. We believe that our differences and similarities enable us to be a better organisation one that makes better decisions drives innovation and delivers better regulation.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.
Did you know 50% of our Executive Committee were the first in their family to attend university.
Benefits of working at the FCA
25 days holiday per year plus bank holidays
Hybrid working (work from home up to 60% of your time)
Private healthcare with Bupa
A noncontributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age up to 12% a month once you reach age 35)
Life assurance of eight times your basic salary
Income protection
We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package tailored to suit your lifestyle.
We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working parttime staggered hours and job shares. We cant promise to give you exactly what you want but we can explore what might work best for both sides.
Follow this link to see what life is like at the FCA Life at the FCA
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
If you have an accessibility need disability or condition requiring changes to the recruitment process please contact your recruiter using the details below and they will be happy to discuss this further with you.
Useful Information and Timeline
This role is graded as Senior Associate Regulatory
Advert Closing Date: 1st June 2025
CV Review/Shortlist: 3rd June 2025
First Round Case Study Assessment: w/c 9th June 2025
Competency Based Interview: w/c 16th June 2025
Your Recruiter will discuss the process in detail with you during screening for the role therefore please make them aware if you are going to be unavailable for any date during this time.
Got a question
If you are interested in learning more about the role please contact:
Applications must be submitted through our online portal. Applications sent via email will not be accepted.
Required Experience:
Manager
Employment Type
Full-Time
