Senior Insurance Policy & Strategy Advisor

Division: Insurance

Department: Market Analysis and Policy

Salary: National (Edinburgh and Leeds) ranging from £53,800 to £67,200 and London from £59,200 to £73,800 (salary offered will be based on skills and experience)

This role is graded as: Senior Associate - Regulatory

Available Positions: One Permanent, Two 9-month Fixed Term Contracts.

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. SPC oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). Sitting in the Insurance Directorate, the Insurance Market Analysis and Policy Department sets strategy, tackles key harms and works with industry to realise opportunities for growth within the insurance sector. This is achieved through project work, policy development, and data-driven analysis, working collaboratively across the FCA and with industry.

Role responsibilities

• Helping to lead policy projects on insurance matters, including assessing causes of harm to consumers and markets, developing and implementing remedies, working with policymakers, supervisors and other specialists across the FCA
• Drafting proposals, committee papers, guidance and other policy papers
• Building productive relationships and managing internal and external stakeholders
• Providing internal consultation to colleagues on existing rules applicable to insurance firms
• Facilitate the discussion and creation of our insurance strategy to address harms and realise opportunities.

Skills required

Minimum:

• Prior experience of working with regulation of the general and life insurance sectors (which could be gained from a firm or a regulatory, government, professional services, consultancy or related environment)
• Prior experience of building and maintaining relationships with senior leaders in the insurance and/or funeral plan sectors, including firms, consultancies and trade bodies

Essential:

• Prior experience leading policy projects or strategy projects, demonstrating knowledge of the regulatory requirements on insurance firms
• Demonstrated methodological capability with an ability to quickly and clearly draw out key messages from a broad and varied strategy
• Effective written, oral and in-person communication and the ability to persuade others
• An ability to produce consistently high-quality output to tight deadlines
• Good communication skills, including an ability to communicate and persuade effectively in person
• The ability to build effective relationships with both internal and external stakeholders at all levels, including delivering difficult messages.
• Willingness to learn and develop, taking on new responsibilities, working at pace and adopting a flexible and pragmatic approach to an often-demanding workload

Benefits

• 25 days annual leave plus bank holidays
• Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 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

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

Advert Closing: 29th March 2026

CV Review/Shortlist: 31st March 2026

Interviews: w/c 13th April

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.