Senior Insurance Policy Advisor

• Salary:National (Edinburgh and Leeds) rangingfrom 52400to 61800and London from 57700to 68000(salary offered will be based on skills and experience)

• This role is graded as:Senior Associate

• Your recruitment contact isRiley Foxvia. Applications must besubmittedthrough our online portal. Applications sentvia social media or email will not be accepted.

About the FCA and team

We regulate financial services firms in the UK to keep financial markets fair thriving and effective. By joining usyoullplay a key part in protecting consumers driving economic growth and shaping the future of UK finance services.

SPC oversees firms and individuals (supervision) creates and reviews the rules by which theyoperate(policy) andidentifiesand remedies ineffective competition in markets (competition).

The Insurance Directorate oversees a wide range of regulated insurance firms from small intermediaries to global insurers and includes the Appointed Representatives Department whichtacklesrisks linked to principal firms and their ARs.

The policy team forms part of the insurance Market Analysis and Policy Department whose role is to ensure the Insurance directorate canidentify prioritise set the strategyforand mitigate the top harms in the Insurance market.

RoleResponsibilities

The successful candidate will lead high profile projectsandcontributeto policy positions that impact millions of consumers.Therolewill build on and develop the candidatesskills in policy development and delivery including opportunities to influence senior stakeholders across the FCA and beyond.

Currentprojects for the teaminclude:

• Developing a framework for captive insurancesimplifying other rules following implementation of the Consumer Dutyand evaluating policy post-implementation

• Maintainingandevolvingkey regulatory frameworksspecific to general insurance and funeral plans ensuring rulesremainclear relevant and aligned with market needs

• Collaboratingwith industry stakeholders managing relationships with tradebodiesand responding to policy queries to strengthen trust and transparency

Youwould also contribute to the widerworkof the team including responding to policy queries from colleagues occasionally draftingresponses toMP letters andengaging with external stakeholders includinggovernmentandother sector regulators.

Skillsrequired

Minimum:

• Prior experience of the regulation ofinsurance or other relevant financial services sector(which could be gained from a firm or a regulatory government professional servicesconsultancyor related environment)

• Experience of applying/using the FCA regulatory framework within the insurance sector

• Demonstrableexperiencedrafting policy in a policy related role

Essential:

• Strong analytical capability with an ability toquickly and clearly draw out key implicationsfrom a broad and varied range of data

• Strong writtenoraland in-person communication and influencing skills

• An ability to express complex issues ina simple way

• An ability to produce consistently high-quality output to tight deadlines

• Experience of drafting technical documents or briefings

Benefits

• 25days annual leave plus bank holidays

• Hybrid model with up to 60% remote work

• Non-contributory pension (812% depending on age) and life assurance at eight times your salary

• Private healthcare with Bupa income protection and 24/7 Employee Assistance

• 35 hours of paid volunteering annually

• A flexible benefits scheme designed around your lifestyle

For a full list of our benefits and our recruitment process as a whole visitour benefits page.

Our values and culture

Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: onethatsfree from discrimination and bias celebrates difference and supports colleagues to deliver at their best. 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.

If yourequireany adjustments due to a disability or condition your recruiter is here to help - reach out for tailored support.

We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs including options like part-time and job sharing where applicable.

Disability Confident: our hiring approach

Were proud to be aDisability Confident Employer and therefore people or individuals with disabilities and long-term conditions who best meet theminimumcriteria for a role will go through to the next stage of the recruitment cases of high application volumes we may progress applicants whose experience most closely matches the roles key requirements.

Useful information and timeline

Timeline:

• Jobadvertclose:2ndDecember

• CV Review/Shortlist:4thDecember

• Competency Based Interview:w/c 8thDecember

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.