At a Glance
- Tasks: Lead a team in supervising insurance firms and managing projects to mitigate risks.
- Company: Join the FCA, a key regulator ensuring fairness in UK financial markets.
- Benefits: Enjoy 25 days holiday, hybrid working, private healthcare, and a competitive pension scheme.
- Why this job: Make a real impact in a dynamic environment while collaborating with industry leaders.
- Qualifications: Experience in risk analysis, team management, and stakeholder engagement is essential.
- Other info: Flexible working arrangements available; we value diversity and inclusivity.
The predicted salary is between 59100 - 73700 £ per year.
Job Description
Division: Supervision, Policy and Competition (SPC)
Directorate: Insurance Supervision
Department: Market Interventions – Flexible
- Salary: National (Edinburgh and Leeds) ranging from £59,000 to £73,700 & London from £65,000 to £81,000 (salary offered will be based on skills and experience)
- This role is graded as: Lead Associate – Regulatory
- Your recruitment contact is Shafika via shafika.shaikh@fca.org.uk. Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.
About The FCA And Team
We regulate 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.
Our SPC division oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). The Insurance Directorate supervises a wide range of regulated insurance firms, from small intermediaries to global insurers.
Role Responsibilities
- Lead supervision of insurance firms to proactively identify and mitigate conduct and prudential risks, ensuring market stability and protecting consumers
- Mentor and manage team members by delegating tasks and supporting their growth, building a high performing team that delivers exceptional regulatory outcomes
- Develop innovative supervisory strategies to tackle complex risks across firms and portfolios, strengthening industry resilience and safeguarding financial integrity
- Engage with senior executives and lead strategic meetings to drive FCA priorities, influencing decision-making at the highest level for lasting market impact
- Assess firm data and external intelligence to uncover risks of consumer and market harm, enabling timely interventions that uphold trust and compliance
- Stay informed on sector trends and regulatory developments to anticipate emerging risks, reducing consumer harm and strengthening market confidence
Minimum
Skills required
- Proven experience of analysing complex information to assess risk in firms or markets
- Prior experience in the insurance sector business models and regulatory risk
- Proven line management and/or mentoring experience, with a track record of supporting junior colleagues
Essential
- Strong stakeholder engagement skills, both internal and external
- Ability to summarise and present key insights clearly, both orally and in writing
- Confidence in facilitating meetings with seniors, including ‘C suite’ executives and making risk-based judgements
- Adaptability and a proactive approach to learning and development
- Practical experience in conduct and prudential regulation
Benefits
- 25 days annual leave plus bank holidays
- Hybrid model with up to 60% remote work
- 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
For a full list of our benefits, and our recruitment process as a whole visit our benefits page.
Our values and culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best. 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.
If you require any adjustments due to a disability or condition, your recruiter is here to help – reach out for tailored support.
We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.
Disability Confident: our hiring approach
We’re proud to be a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes, we may progress applicants whose experience most closely matches the role’s key requirements.
Useful information and timeline
- Job advert close: 7th December 2025
- CV Review/Shortlist: 9th December 2025
- First Interview: w/c 15th December 2025
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.
Lead Supervisor - Insurance Supervision employer: Financial Conduct Authority
Contact Detail:
Financial Conduct Authority Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Supervisor - Insurance Supervision
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in the insurance sector. This will not only help you understand the challenges faced by firms but also demonstrate your proactive engagement during interviews.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience in regulatory roles. Attend relevant events or webinars to build connections that could provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience in managing teams and projects effectively. Be ready to share specific examples of how you've led initiatives or mentored junior staff, as this is a key aspect of the Lead Supervisor role.
✨Tip Number 4
Stay updated on current issues affecting the insurance market, such as emerging risks and regulatory changes. Being knowledgeable about these topics will allow you to engage meaningfully with interviewers and show your commitment to the role.
We think you need these skills to ace Lead Supervisor - Insurance Supervision
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in insurance supervision and risk management. Use specific examples that demonstrate your ability to analyse information and make judgements, as these are key skills for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the FCA's mission. Discuss how your previous experiences align with the responsibilities of the Lead Supervisor position, particularly in leading teams and managing stakeholder relationships.
Showcase Leadership Experience: Emphasise any direct line management or mentoring experience you have. Provide examples of how you've supported junior team members and managed their work, as this is essential for the role.
Highlight Relevant Skills: Clearly outline your experience with prudential and conduct regulation, as well as your ability to summarise and present information effectively. This will demonstrate your capability to handle the varied challenges of the position.
How to prepare for a job interview at Financial Conduct Authority
✨Understand the Regulatory Landscape
Familiarise yourself with the current regulations and challenges in the insurance sector. Being able to discuss recent developments and how they impact firms will demonstrate your knowledge and commitment to the role.
✨Showcase Leadership Experience
Prepare examples of your direct line management experience or mentoring roles. Highlight how you've successfully guided junior team members and managed projects, as this is crucial for the Lead Supervisor position.
✨Prepare for Stakeholder Engagement
Think about your experiences in leading meetings with external stakeholders. Be ready to discuss how you manage relationships and communicate effectively, as this will be key in your role overseeing firm actions.
✨Demonstrate Analytical Skills
Be prepared to discuss how you've analysed information to make risk-based decisions in previous roles. Providing specific examples of how you've identified and mitigated risks will show your capability in this area.