Senior Supervisor Insurance Directorate, Leeds | Leeds, UK

The Bank of England is the UK's 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 4,000 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 UK's largest regional economies. It's 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, you'll take on varied and high-profile work. It’s an exciting role to take on, as you’ll have many different responsibilities. You’ll focus on anything from the newer firms who have a more innovative approach, through to some of the larger insurers.

Day-to-day, you’ll use your analytical skills to deliver assessments and understand any risks these firms might pose. To do this, you’ll interact with firms and build an understanding of how they work. And when things don’t look quite right, you’ll investigate issues and dig deeper.

You’ll 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 you’ll 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 organisation.

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 our staff 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 UK, this 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 the Disability 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 contact Phil.Smith@bankofengland.co.uk.

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 Bank's 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).

About Us

We are the UK's central bank - and we are a bank like no other; known by our peers for our world-leading thinking on policy and strategy. Our mission is to promote the good of the people of the UK by maintaining monetary and financial stability. We seek to keep prices stable and people's money safe. We know our work matters to people, to families, up and down the UK. We are driven by curiosity and the desire to do important, challenging work.

It takes a great team to run the Bank of England. We rely on each other to play our part. We benefit from a collaborative culture and long-established flexible ways of working, supporting our colleagues balance their work and personal lives. We strive to be a place where people feel they belong and have equal access to opportunities, because different perspectives helps us make the best decisions for the public.

There’s much to gain from working with us - from career defining work at the heart of the UK economy, being part of a fantastic team, and a rewarding compensation package. Join us and find a bank like no other. Together, we can make a difference.

The Bank of England will use and protect the information you provide when you apply for a role with us, in line with our obligations under data protection law. This is so we can assess your suitability for the role and administer your application. If you’re successful we’ll use it to offer you a position and onboard you to join the Bank.

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