Job Description

Senior Insurance Supervisor
Division - Insurance
Salary - National (Edinburgh and Leeds) ranging from 52,400 to 59,000 and London 57,700 to 64,000 per annum (Salary offered will be based on skills and experience)
About the FCA
The FCA regulates the conduct of 45,000 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 a Senior Associate to join the Department working in one of our Portfolio Delivery teams. You'll play an integral role in delivering the supervisory strategy and workplan for our Life Insurance and Funeral Plan firms. You will also have the opportunity to contribute to reactive issues across the wider Department and Division.
What will you be doing?Identify and mitigate conduct and prudential risks in insurance firms and markets, escalating as and when appropriate Devising the content and leading meetings with firms' senior executives; overseeing firm actions and mitigation programmes Review information provided by firms and other external sources to draw out and present key information Use experience, knowledge and judgement to make risk-based decisions under supervision Responsible for ensuring that INTACT (the FCA's case handling system) is kept updated and provides a clear record of case and firm work plan history and progression Have strategies to progress cases in a varied caseload with changing priorities

What will you get from the role?
Your work will be both varied and challenging with an opportunity to interact with a very wide range of insurance firms. You will work as part of a supportive and collaborative team on high profile pieces of work that influence the behaviours of firms. You will have the opportunity to work on high profile cases, ensuring that the risk of harm to firms and consumers is reduced as much as possible.
Our team covers over 6000 firms across 6 portfolios, providing you with the opportunity to engage in communication with a variety of stakeholders and make a difference to ensure that consumer harm is minimised.
Which skills are required?
We are a Disability Confident Employer; therefore, disabled people or individuals with long-term 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)
MinimumExperience of reviewing information and making judgements to decide the best way to deal with risks regarding insurance firms and markets Experience of the business models, firms and conduct risks in the General Insurance sector, or evidence to suggest an understanding of this

EssentialExperience of managing relationships with external and internal stakeholders Experience of summarising information received from firms - drawing out key points and presenting them clearly in writing Experience of leading meetings with firms and other external stakeholders You will be proactive and be able to work on your own initiative Being willing to learn and develop, taking on new responsibilities and adopting a flexible pragmatic approach to your work A great team player integrating quickly into the Department Experience of supporting and mentoring more junior members of a team, assigning work and managing its completion Practical experience of prudential and conduct regulation

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 FCA25 days holiday per year plus bank holidays Hybrid working (work from home up to 60% of your time) Private healthcare with Bupa A non-contributory 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 part-time, staggered hours, and job shares. We can't 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 TimelineThis role is graded as Senior Associate - Regulatory Advert Closing Date: 17th September at 23:59pm CV Review/Shortlist: 18th September Competency Based Interview: W/C 22nd September

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 Tahir Khan at tahir.khan1@fca.org.uk
Applications must be submitted through our online portal. Applications sent via email will not be accepted.