Product Governance Administrator

Who We Are

At Cornmarket we look after the financial wellbeing of public servants and their families. Weve been focused on public sector employees for over 50 years learning how to bring our clients the best financial services from car home health and life insurance to income protection retirement planning and beyond.

Role Purpose

We are looking for a Product Governance Administrator to join our Product Governance and Controls team. The primary responsibility of this role is to assist with the delivery of Group Protection Scheme reviews renewals and acquisitions.

The role holder will be a detail orientated analytical individual that will complete data analysis to support our scheme reviews whilst engaging with internal and external stakeholders to ensure smooth updates of existing Group Protection addition the role holder will assist in the completion of quality checks and audits across the different Sales and Servicing functions within the Life Department ensuring compliance with company policies.

Accountabilities of the Role

• In respect of Group Protection scheme reviews:

  • Review relevant information data for both internal and external stakeholders.

  • Compile and circulate quotation requests and compare and consider the quotes received.

  • Assist with planning each Group Protection review renewal acquisition and closure.

• In respect of Customer Documentation:

  • Ensure that documents are compliant with relevant procedures and legislation.

  • Provide relevant product information and guidance to the Life Department on Group Protection schemes.

• In respect of Quality Checking:

  • Perform Life Sales and business processing audits and transactional spot-checking of business processed by Cornmarket employees.

• Communicate regularly with stakeholders regarding the status of:

  • Reviews renewals and acquisitions

  • Customer documentation updates

  • Quality checking activities

• Respond to group protection technical queries within service level agreements.

• Engage within the team to ensure smooth updates of existing Group Protection schemes.

• Engage with stakeholders to ensure point of sale documents are up to date.

• Assist with identifying and implement efficiencies.

• Work closely with the Head of Training and Product Governance and the Product Governance and Controls Manager to carry out any other tasks or projects as required.

• Comply with risk control and regulatory requirements relevant to this role.

• Maintain commercial awareness relevant to this role.
  

  
  

Skills Experience and Behavioural Competencies Required

• Strong data analysis background or qualification desirable.

• APA in Life Assurance & APA in Pensions upon commencement in the role is desirable or the role holder must be willing to work towards it in the role.

• Knowledge of risk control & regulatory environment including CPC CICA and GDPR.

• Strong communication skills and stakeholder management skills.

• Excellent organisation and time management skills with the ability to prioritise and meet competing deadlines in a very busy environment.

• Confident and capable with full Microsoft suite of applications particularly excel.

• Strong analytical skills with the ability to interpret complex data and provide actionable insights.

• Excellent understanding of regulatory requirements and industry standards related to financial products.

• Exceptional attention-to-detail and a focus on quality output.

What We Can Offer You

• Flexible working from home options.

• Significant investments in professional development.

• Annual leave that increases based on service plus two additional company days.

• Flexi leave (option to take additional annual leave).

• Life leave.

• Attractive pension contribution rates.

• Health insurance or wellness subsidy.

• Working abroad policy.

• Fully paid family leave types (maternity/paternity/surrogacy).

• Performance based bonus or commission.

• Income protection.

• Life cover.

• Discounts on financial products.

• Excellent health & wellbeing programme.

• Wellness Wednesdays.

Controlled Function

This role is a controlled function as defined by the Central Bank Reform Act 2010 Regulations 2011. Any appointment will be conditional on the company being satisfied that the appointee meets the requirements as set out in the Fitness and Probity standards issued by the Central Bank. This requires the company to complete prescribed due diligence to assess the appointees fitness and probity.

Equal Opportunities & Data Privacy Notice

Cornmarket is committed to building an inclusive workplace environment. Were proud to be an equal opportunity employer striving to create a welcoming environment. All qualified applicants will be considered for employment without regard to age disability ethnic background family status gender identify or expression marital status membership of the Traveller Community national origin race religion sexual orientation.

We are also committed to providing reasonable accommodations to qualified individuals with disabilities in the employment application process. To request an accommodation please contact our Talent Acquisition Team.