At a Glance
- Tasks: Lead the development of data products for regulatory reporting in a dynamic insurance environment.
- Company: Beazley, a global specialist insurance company with a collaborative culture.
- Benefits: Hybrid work model, diverse team, and opportunities for professional growth.
- Other info: Join a diverse team and help shape the future of data at Beazley.
- Why this job: Make a real impact on data strategy while working with cutting-edge technologies.
- Qualifications: Experience in regulatory reporting and strong data analysis skills required.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Regulatory Intelligence Product Owner
Division: Beazley Shared Services – Data Management
Location: London (UK) or Birmingham (UK) - hybrid in office 2 days/ week
Reports To: Head of Data Products
Key Relationships: Chief Data Office, Data Leadership Team, Data Owners, Data Stewards, Data Architects, Delivery Team members, Technology Team, Compliance, Finance, Underwriting, Operations and other Business Stakeholders
Beazley
Beazley is a global specialist insurance company with over 30 years’ experience helping people, communities, and businesses to manage risk all around the world. Our products are wide ranging from cyber & tech to marine, healthcare, financial institutions, and contingency, covering risks like the weather, film production or protection from deadly weapons.
We are a flexible and innovative employer offering a friendly, collaborative, diverse and inclusive work environment. We encourage applications from all backgrounds. Collaboration in office spaces is important and we use a hybrid approach with a minimum of 2 days in the office per week.
We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 1500 of us working around the world. Employee’s diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We hire people with wide perspectives, and we have set bold diversity targets as we work towards excellence.
Data @ Beazley
- Being bold through pioneering & championing an exciting vision of how people interact with data
- Facilitating innovation by leading the pace of change in data & analytics, and facilitating the latest capabilities and innovative technologies
- Doing the right thing by providing a controlled working data environment that allows all business domains to thrive independently
- Being the single source of truth for enterprise-wide reporting metrics and KPIs
Our Data team is located at multiple offices across UK, Europe and the US. The specified home office location options provide the best balance for being co-located with key Data Office colleagues and business stakeholders.
Job Summary
As a Regulatory Intelligence Product Owner your core responsibility is to develop and deliver a data strategy and data products supporting Beazley’s regulatory reporting. This requires a strong understanding of insurance requirements for Lloyd’s, the PCA, the CBI, among other reporting agencies. You will work with key Compliance leaders and stakeholders to develop the strategy and your team to document and deliver data products that are accurate and timely.
The Role
Data is one of Beazley’s greatest assets and our data reflects the complexity of our business. Our data is in the process of modernisation and automation. Your role will be essential to our transformation into a digital company to meet our ambitious growth plans. As a Product Owner focused on Compliance data, you will be responsible for a portfolio of data products supporting our business. You will work with business stakeholders to understand data needs, prioritize development, and create a roadmap of iterative deliveries of data products on our legacy and Modern Data Platforms. You will lead the transition to operationalize our data, leading to greater efficiency, higher quality data and better business insights.
Key Responsibilities
- Act as a strategic leader in our data management organization, driving the data product strategy and delivery of data supporting regulatory submissions, such as: Eligible Complainants, Conduct Risk, ELTO, PMDR, RRQ, among others.
- Own a portfolio of data products and create a roadmap for iterative delivery of automated reports and enhancements.
- Advise the business on best practices and challenge existing structures with regards to systems and processes on any project with a link to data.
- Manage stakeholders through the report development lifecycle including requirements gathering, updates and expectation management, user testing, sign off and roll-out.
- Lead and inspire a team of business analysts and a factory squad to delivery data reports to your stakeholders.
- Design and build reports using sophisticated visualisation tools that optimise and enhance business reporting and intelligence across Beazley and support our teams to deliver enhanced outcomes.
- Collate, prepare and submit data for regulatory reporting, analysing the data to find conclusions.
- Identify and deliver improved and alternative ways of reporting, e.g. outsourcing, automation, increased self-serve, and analytical tools.
- Work in collaboration with other Product Owners / Capability Leads, within the Platform and across Platforms, to maximise alignment and data reuse.
- Support the Data Value Management team in implementing best practises in Data Governance and Quality.Drive the required level of data ownership and stewardship across your group of data products.
- Provide leadership, direction, development and support to direct reports (including off-shore resources)
Personal Specification
We’re looking for candidates with experience building regulatory reports for the Insurance industry. The successful candidate should have experience with the Lloyd’s market and/or the Central Bank of Ireland. Candidates should be able to demonstrate technical data skills including data analysis and visualization skills. The successful candidate should have a passion for data and a curious mindset both for Beazley and the wider insurance industry. Great communication skills across all levels of seniority and the ability to represent Data to our colleagues, clients and regulators.
Education and Qualifications
- Degree level educated – any discipline, or a proven level of experience within this role.
- Product Owner certifications preferable.
Skills and Abilities
- Strong communication and interpersonal skills, both verbal and written.
- Highly organised and structured thinking and understands the importance of meeting regulatory deadlines.
- The ability to influence and impact business relationships internally and externally to Beazley.
- Demonstrable structured techniques for evaluating business processes and documenting user requirements.
- Strong data analytical skills with attention to detail.
- Motivational skills, team leader, worker as well as able to work as a self-starter on own initiative.
- Able to coordinate and challenge inputs from several departments, to propose and implement successful solutions.
- Confident and comfortable to make recommendations and suggestions.
- Strong stakeholder management, comfortable interacting with senior individuals in the business and externally with regulators
Essential Criteria
- Proven experience developing data regulatory reports in the insurance industry, preferably the London Market.
- Leadership experience with proven ability to inspire, manage and coach teams.
- Highly responsible, with the ability to quickly establish trust and credibility.
- Product Management, Ownership, or Business Analyst experience developing and building a data strategy, roadmap and data products to meet stakeholder needs.
- Ability to analyze and manipulate large datasets.
- Proven demonstration of problem solving.
- Use of various analysis and project management tools covering scope definition, requirements documentation and progress reporting, including Jira and Confluence.
- Advanced knowledge of MS Excel and Power BI.
- Knowledge of SQL and Python.
- Knowledge of Data Quality tools would be advantageous.
- Experience creating data visualisations or infographics and being able to demonstrate value through visualisation.
Regulatory Intelligence Product Owner employer: Beazley
Beazley is an exceptional employer, offering a dynamic and inclusive work environment in London or Birmingham, where collaboration thrives through a hybrid model. With a strong commitment to employee growth, we provide opportunities for professional development and innovation within our diverse data team, ensuring that every voice is heard and valued. Join us to be part of a forward-thinking company that champions excellence and embraces the complexities of the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Intelligence Product Owner
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Beazley looking for candidates who are engaged and informed.
We think you need these skills to ace Regulatory Intelligence Product Owner
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Beazley. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Beazley
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Beazley’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
