At a Glance
- Tasks: Support Consumer Duty and Product Governance across multiple Specialty divisions in insurance.
- Company: Global Insurance Brokerage with a high-performing operations team.
- Benefits: Competitive salary, bonus, benefits, and hybrid working options.
- Why this job: Make a real impact on regulatory outcomes and customer satisfaction in the insurance sector.
- Qualifications: 5+ years in insurance compliance with strong knowledge of FCA regulations.
- Other info: Collaborative environment with opportunities for professional growth and development.
The predicted salary is between 43000 - 51000 £ per year.
We are seeking a Consumer Duty & Product Governance Executive to join a highāperforming Specialty Insurance Operations team. This is an excellent opportunity for an experienced insurance compliance professional who enjoys delivering, working closely with the business and playing a handsāon role in embedding strong regulatory outcomes.
Working closely with senior stakeholders, you will support the delivery of Consumer Duty and Product Governance activities across multiple Specialty business units, helping to ensure regulatory expectations are met and good customer outcomes are consistently achieved. This role will suit someone who is taskāoriented, organised and confident engaging with stakeholders, while also comfortable taking ownership and driving activities through to completion.
The Role
- Supporting the Consumer Duty & Product Governance team across multiple Specialty divisions
- Developing, analysing and reviewing key frameworks and toolkits, including:
- Distribution Impact Assessments (DIAs)
- Fair Value Assessments (FVAs)
- Information requests, product approvals and attestations
- MI monitoring and Good Outcomes Registers
About You
- 5+ years' experience within an insurance intermediary, insurer or MGA in a compliance or complianceārelated role (1st, 2nd or 3rd line)
- Strong knowledge of FCA Consumer Duty, Product Governance and Vulnerability requirements and experience navigating the FCA Handbook
- A solid understanding of insurance products, services and regulatory expectations
- Ideally, experience working with broking teams
- Strong written and verbal communication skills
- Excellent planning, organisational, analytical and problemāsolving skills
- The ability to prioritise effectively and articulate complex concepts clearly
- Proficiency in Microsoft Office; experience with Power BI is advantageous but not essential
Consumer Duty and Product Governance Executive in London employer: Harrison Holgate
Contact Detail:
Harrison Holgate Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Consumer Duty and Product Governance Executive in London
āØTip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work in compliance or product governance. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
āØTip Number 2
Prepare for interviews by brushing up on your knowledge of FCA Consumer Duty and Product Governance. We recommend creating a cheat sheet with key points and examples from your experience to showcase your expertise when it counts.
āØTip Number 3
Donāt just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and tailor your approach to each one, showing them why you're the perfect fit.
āØTip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the role and helps build a rapport with your potential future colleagues.
We think you need these skills to ace Consumer Duty and Product Governance Executive in London
Some tips for your application š«”
Tailor Your CV: Make sure your CV is tailored to the Consumer Duty and Product Governance role. Highlight your relevant experience in compliance and insurance, and donāt forget to showcase your strong knowledge of FCA regulations!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youāre the perfect fit for this role. Mention specific projects or experiences that demonstrate your ability to engage with stakeholders and drive regulatory outcomes.
Showcase Your Skills: Donāt just list your skills; show us how youāve used them! Whether itās your analytical prowess or your organisational skills, provide examples of how youāve successfully navigated compliance challenges in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. Itās the best way for us to receive your application and get to know you better!
How to prepare for a job interview at Harrison Holgate
āØKnow Your Stuff
Make sure you brush up on your knowledge of FCA Consumer Duty and Product Governance. Familiarise yourself with the key frameworks like Distribution Impact Assessments and Fair Value Assessments. Being able to discuss these confidently will show that you're not just a candidate, but a knowledgeable professional ready to hit the ground running.
āØEngage with Stakeholders
Since this role involves working closely with senior stakeholders, practice how you would engage with them. Think about how you can effectively communicate complex concepts in a clear and concise manner. Prepare examples from your past experiences where you've successfully collaborated with different teams or departments.
āØShow Your Organisational Skills
This position requires someone who is task-oriented and organised. Be ready to discuss how you manage multiple projects and prioritise tasks. You might even want to bring a portfolio showcasing your previous work or frameworks you've developed to demonstrate your organisational prowess.
āØStay Updated on Regulations
Regulatory changes can happen quickly, so it's crucial to stay informed. Before your interview, check out the latest updates on the FCA Handbook and any recent developments in insurance compliance. Showing that youāre proactive about keeping up with industry changes will impress your interviewers.