At a Glance
- Tasks: Support product governance and ensure compliance with regulatory standards.
- Company: Fast-growing insurance business with a focus on innovation.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Perfect for those looking to enhance their expertise in conduct risk.
- Why this job: Join a dynamic team and make a real impact on customer outcomes.
- Qualifications: Experience in UK insurance and strong understanding of conduct risk.
The predicted salary is between 55000 - 65000 £ per year.
An exciting opportunity has arisen with a fast-growing insurance business to join their Product team as a Conduct Risk Specialist.
The Role
You’ll support the delivery of a robust product governance framework, ensuring products meet regulatory expectations and deliver fair value to customers. Working closely with stakeholders across the business, you’ll play a key role in embedding conduct risk principles throughout the product lifecycle.
Duties:
- Supporting product governance frameworks and oversight across all product lines
- Contributing to conduct risk assessments for new and existing products
- Assisting with fair value assessments and ongoing product reviews
- Coordinating governance forums and supporting committee reporting
Experience Required:
- Experience within UK insurance (Lloyd’s or company market) is essential
- Strong exposure to conduct risk, product governance, or customer outcomes
- Understanding of FCA requirements (e.g. Consumer Duty / PROD)
This is an excellent opportunity for someone looking to build or deepen their expertise in conduct risk and product governance within Insurance.
Senior Conduct Risk Analyst employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Conduct Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance industry, especially those who work in conduct risk or product governance. A friendly chat can open doors and give you insights that might just land you that Senior Conduct Risk Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on FCA requirements and recent changes in consumer duty regulations. We want you to be the go-to expert in the room, so show off your knowledge and how it applies to the role!
✨Tip Number 3
Don’t forget to showcase your experience with product governance frameworks. Use real examples from your past roles to demonstrate how you've contributed to fair value assessments and conduct risk assessments. We love a good story!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always on the lookout for passionate candidates who are eager to make a difference in the insurance sector.
We think you need these skills to ace Senior Conduct Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Senior Conduct Risk Analyst. Highlight your experience in UK insurance and any relevant conduct risk or product governance work you've done. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about conduct risk and how your background aligns with our needs. We love seeing genuine enthusiasm for the role and the company.
Showcase Relevant Experience: When detailing your experience, focus on specific examples that demonstrate your understanding of FCA requirements and your ability to contribute to product governance frameworks. We’re looking for concrete evidence of your skills!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at IPS Group
✨Know Your Conduct Risk Inside Out
Make sure you brush up on your knowledge of conduct risk principles and FCA requirements, especially around Consumer Duty and PROD. Being able to discuss these topics confidently will show that you're not just familiar with the concepts but can also apply them in a practical context.
✨Showcase Your Stakeholder Skills
Since the role involves working closely with various stakeholders, prepare examples of how you've successfully collaborated with different teams in the past. Think about specific situations where your communication and coordination skills made a difference in product governance or risk assessments.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to assess hypothetical situations related to product governance or conduct risk. Practise articulating your thought process and decision-making steps clearly. This will demonstrate your analytical skills and ability to think critically under pressure.
✨Highlight Your Experience with Fair Value Assessments
Be ready to discuss your experience with fair value assessments and ongoing product reviews. Prepare to share specific examples of how you've contributed to ensuring products deliver fair value to customers, as this is a key aspect of the role.