About The FCA And Team
The Financial Conduct Authority regulates financial services firms in the UK to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.
Supervision, Policy & Competition (SPC) oversees firms and individuals, creates and reviews the rules by which they operate, and identifies and remedies ineffective competition. The Insurance Directorate oversees a wide range of regulated insurance firms, from small intermediaries to global insurers, and includes the Appointed Representatives Department, set up in 2022 to tackle risks linked to principal firms and their ARs.
The successful candidate will be the Lead Associate in Life Team 1, one of the two life insurance supervision teams in the Insurance Division. As a Lead Associate, you will help develop and deliver supervisory strategies for regulated Life Insurance and Outsourcer firms, lead the most significant workstreams, and oversee and coach our supervisors.
Role Responsibilities
- Assist the team manager in leading the team and cover for them in their absence.
- Oversee and support Senior Associates in designing and delivering supervisory strategies, ensuring written documents are clear and accurate and relaying complex information in the FCA tone.
- Lead key stakeholder engagement and act as a point of escalation when required with internal or external stakeholders.
- Guide and assist the management of day‑to‑day relationships with key insurers, engaging regularly with senior managers and executives.
- Analyse complex information to understand the risks posed by firms, make recommendations for action and ensure the team’s recommendations are clear and robust.
- Ensure the team’s approach to reactive casework is appropriate and in line with standards and SLAs.
- Coach and develop the team to achieve high standards in delivering their work and progress towards their career aspirations.
- Play a leading role within SPC in contributing to the successful delivery of divisional priorities and portfolio strategies.
Minimum Qualifications
- Financial services experience gained in a risk management, regulatory, or commercial environment.
- Demonstrated experience of working within the Life Insurance sector.
- Proven experience of coaching and mentoring other members of the team.
Essential Skills
- Excellent stakeholder management skills.
- Strong analytical skills, including the ability to understand complex information and quickly identify key data/issues.
- Strong communication skills, both written and verbal, including the ability to convey complex issues coherently, logically and compellingly.
- Understanding of retail financial services markets, including business models, products and risks.
- Knowledge of the life insurance industry in the UK.
- Using experience, knowledge and professional judgement to make complex risk‑based decisions.
Benefits
- 25 days annual leave plus bank holidays.
- Hybrid model – employees work a minimum of 40% in the office each month; senior leaders 50%. From September, minimum 50% office attendance (60% for Directors and Executive Directors).
- Non‑contributory pension (8–12% 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.
Our Values & Culture
We are committed to fostering a diverse and inclusive culture free from discrimination and bias, celebrating difference and supporting colleagues to deliver at their best. We embrace diversity and inclusivity to make better decisions, drive innovation and deliver better regulation.
Disability Confident: Our Hiring Approach
We’re proud to be a Disability Confident Employer. Candidates with disabilities or long‑term conditions who meet the minimum criteria will progress to the next stage of the recruitment process. In high‑volume situations, we may progress applicants whose experience most closely matches the role’s key requirements.
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