Senior Supervisor Insurance Directorate, Leeds
Senior Supervisor Insurance Directorate, Leeds
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Job Description
The Bank of England is the UKs central bank. Our mission is to deliver monetary and financial stability for the British people. The Bank of England is a diverse organisation each of its 4000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Department Overview
The Insurance Supervision Directorate promotes the safety and soundness of over 500 insurers operating in the UK. This includes general insurers life insurers friendly societies and the London market. We help identify and mitigate potential risks before they can have an adverse effect on policyholders and financial stability.
We face a complex and challenging task one that presents numerous opportunities to protect policyholders and UK financial stability and one that delivers real and lasting benefits to society.
Our Leeds Offices
The Insurance Supervision Directorate currently has 30 people within our new central Leeds offices and we are now looking to grow the team here. Leeds is one of the UKs largest regional economies. Its a major hub for finance legal services digital tech and healthcare. Home to major employers like Channel 4 Asda Jet2 NHS Digital and major banks. Leeds provides unique access to the beautiful Yorkshire dales Peak District and local green spaces.
Job Description
When you join youll take on varied and high-profile work. Its an exciting role to take on as youll have many different responsibilities. Youll focus on anything from the newer firms who have a more innovative approach through to some of the larger insurers.
Day-to-day youll use your analytical skills to deliver assessments and understand any risks these firms might pose. To do this youll interact with firms and build an understanding of how they work. And when things dont look quite right youll investigate issues and dig deeper.
Youll share your findings with the wider internal team and work closely with senior leaders across the UK and international Insurance firms. Everything you do will help to ensure our supervisory strategy is being implemented. The mixture of high-profile work and complex issues means youll have plenty of opportunities to develop both your technical and interpersonal skills.
Role Requirements
Minimum Criteria
- Strong analytical skills the ability to analyse and interpret financial information independently exercise judgement and draw clearly reasoned conclusions.
- An understanding of the financial services industry its reporting requirements and key regulatory challenges / priorities.
Essential Criteria
- Strong written and oral communication skills and ability to present findings varying style to suit the audience
- Excellent organisational skills to proactively prioritise and manage workload
- Strong stakeholder management skills ability to build and maintain relationships at all levels and to influence and challenge where appropriate.
Desirable Criteria
- An active participation in diversity and inclusion initiatives within your team department or organisationCF1
Additional Information
The Bank values diversity and inclusion we want to reflect the society we serve better; we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity including but not limited to age disability ethnicity gender gender identity race religion and sexual orientation. One way we support diversity and inclusion is through ourstaff run networks.
We are fully committed to having a diverse and inclusive working environment and are open to considering how the role might be carried out with flexible working. This role is therefore open to job shares flexible and part time working patterns.
As part of our commitment to expand our presence across the UKthis role can be based in either our London or Leeds office. Should you wish to work from one of our hubs (Cardiff/Newcastle/Glasgow/Belfast)you will need to confirm that this is possible with the hiring manager before applying.
Where a role can be carried out from home we are working towards colleagues spending at least half of their time in the office so that we can all benefit from working together in person while maintaining the flexibility offered by home working. We expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible and have partnered with external expert organisations to support us in this. We are a member of theDisability Confident Scheme
IMPORTANT: For those who wish to apply under the Disability Confident Scheme and indicate whether you wish for all existing and future applications to be made under this scheme please navigate to OBS and Under Me > Document Records > Add > Disability Confident Scheme and select yes/no.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission including your CV.
IMPORTANT - Please firstly complete your profile in OBS. There is a pop up reminder before applying to review skills and qualifications so please do this first then fully complete the application form questions as requested. Any incomplete submissions may not be reviewed.
For further information or an informal discussion on the role please
This role closes on Friday 11th July 2025 at 11.59pm.
The Reference Point Group for this role is Scale F. Further information can be found here -Understanding the Banks approach to pay ()
Please apply online ensuring that you stop and complete your profile in OBS then answer the application questions complete the work history and submit your CV and most recent Performance Review/PRS (note: PRS is optional).
Required Experience:
Director
Employment Type
Full-Time
