Assistant Manager, Regulatory Assurance - Compliance - Insurance, Audit & Assurance in London

Connect to your Industry

Our Assurance practice encompasses skills across regulation, risk, controls and finance with a deep analytics capability. We harness these to provide Assurance to those charged with governance, serving the public interest. Working in Assurance means you will have an opportunity to work alongside leading experts, as we help build and enhance trust between businesses and the public, by responding to emerging issues and protecting the public interest. Providing assurance to help businesses become more resilient, agile and better prepared for the future.

To be resilient, businesses must be ready to respond to current and future challenges and opportunities. They are increasingly expected to be more transparent with their reporting, to drive trust and confidence in the market, and protect the wider public interest. Assurance builds, maintains and develops confidence. We provide independent assurance by assessing the risks and underlying processes, providing conclusions as to which risks are being managed and mitigated in line with the business' appetite for risk.

Deloitte's assurance offerings help those charged with governance to understand their business and build trust amongst key stakeholders and regulators.

Regulatory Assurance

Deloitte's Regulatory Assurance team spans both Insurance and Banking and Capital Markets and specialises in helping senior leaders navigate the regulatory landscape, strengthen compliance arrangements and build confidence in how regulatory obligations are understood, embedded and evidenced. The team has built a reputation for providing pragmatic assurance, as well as innovative technology solutions, positioning itself at the cutting edge of emerging regulatory trends by working closely with the UK regulators (FCA and PRA), industry bodies and clients and conducting its own market research.

We provide regulatory and compliance expertise to projects alongside colleagues in Deloitte's other service lines to ensure they have a holistic understanding of clients' regulatory obligations, compliance frameworks and conduct, governance and control environments. From our team we support compliance framework reviews, regulatory change, compliance monitoring, governance and control assessments, remediation programmes and Target Operating Model design.

Your responsibilities:

The successful candidate will take a lead role in the delivery and management of client engagements, working closely with more senior members of the team. You will have experience in a compliance function, the FCA, or a regulatory advisory environment, from the insurance industry. You will be proactive in building expertise in response to changes in regulation, supervisory focus and market practice. You will be quick in developing an advanced understanding of your clients' business needs, regulatory obligations and compliance challenges, and you will be responsible for creating and maintaining strong client relationships, ensuring that we are adding value to clients' business and that the relationships we create outlast the individual projects. Another key aspect to the role is practice management, including preparing budgets, resourcing and client billing, and proactively engaging with the wider activities of the team.

To qualify for this opportunity, candidates must have the following experience:

• Prior experience in a Compliance function, at the FCA, or in a regulatory advisory role within an insurance firm or at the regulator.
• Strong knowledge of compliance frameworks, regulatory obligations, compliance monitoring, governance and market best practice.
• Breadth across compliance topics, with the ability to work across regulatory change, compliance oversight, policies and procedures, systems and controls, remediation and regulatory interaction.
• Understanding of the UK regulatory environment for financial services, including the role and expectations of the FCA within the insurance sector.
• General Insurance industry background preferred, particularly where gained in a compliance, regulatory or oversight capacity.
• Excellent communication and interpersonal skills - both written and verbal.
• Strong organisational, planning and problem-solving skills, ability to multi-task and demonstrate flexible thinking.
• Ability to think critically and analytically and make informed decisions and judgements.
• Experience in delivering presentations and pitches.
• Experience in conducting stakeholder interviews and interacting with senior board and committee members.
• Strong MS PowerPoint skills, with the ability to 'create' and produce visual representations.
• Aptitude with MS Word and Excel.
• Confident client presence and ability to build contacts and develop relationships.
• Strong team working skills and proven ability to support challenging projects and teams.
• Positive and ambitious attitude, and ability to work on own initiative.
• Educated to degree level or equivalent.

Connect to your business - Audit & Assurance

We know it's not just about the numbers. Often, we let the technology take care of those. It's about the creative and collective thinking of our people. That's where the true insight is found. We're redefining the future of audit. Come join us.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your 'Immediate Family Members' are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

Deloitte is known for its flexible working environment and the support it offers to new parents. As a first-time mother I was a bit nervous about joining the team, but the people around me have made it easy for me to manage my career around personal commitments.

I assumed the culture would be very corporate; however, I have worked with people who have different personalities and approaches to the way they work. We do have a clear brand, but everyone is encouraged to be themselves.

The team I support works with one of Deloitte's biggest clients. To be involved with such an influential client so early in my career is really rewarding; I love it.

The progression at Deloitte is steady and I've always felt in control of my own career path. You can learn something new here every day which I really enjoy.

Our hybrid working policy

You'll be based in London with hybrid working. At Deloitte we understand the importance of balancing your career alongside your home life. That's why we'll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you'll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You'll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter about the specific working requirements that may apply for your role.

Our commitment to you

Making an impact is more than just what we do: it's why we're here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before. We want you. The true you. Your own strengths, perspective and personality. So we're nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we'll take your wellbeing seriously, too. Because it's only when you're comfortable and at your best that you can make the kind of impact you, and we, live for. Your expertise is our capability, so we'll make sure it never stops growing. Whether it's from the complex work you do, or the people you collaborate with, you'll learn every day. Through world-class development, you'll gain invaluable technical and personal skills. Whatever your level, you'll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you'll experience a purpose you can believe in and an impact you can see. You'll be free to bring your true self to work every day. And you'll never stop growing, whatever your level.