Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Assist in ensuring compliance with regulatory requirements and support product governance.
- Company: Join IQUW, a leading specialist (re)insurer at Lloyd's with a focus on innovation.
- Benefits: Enjoy competitive salary, 25 days holiday, bonuses, and professional development opportunities.
- Why this job: Make a real impact in compliance and product governance within the insurance industry.
- Qualifications: Strong analytical skills, problem-solving abilities, and excellent communication skills required.
- Other info: Dynamic work environment with opportunities for career growth and learning.
The predicted salary is between 36000 - 60000 £ per year.
IQUW is a speciality (re)insurer at Lloyd's (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation, and human expertise to make smart decisions, fast.
ERS is the UK's largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it's a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn't enough. That's why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer's needs.
The role involves assisting the Senior Conduct Manager in ensuring the business remains compliant with both regulatory and legislative requirements imposed by Lloyd's, the Prudential Regulatory Authority (PRA), Financial Conduct Authority (FCA) and all relevant UK and overseas regulatory bodies. The main focus is to assist with the investigation and provision of accurate and timely responses to all compliance advisory questions raised by the business and to ensure both Conduct and Product reviews are completed in a timely fashion and in line with Regulatory requirements.
Key responsibilities:
- Researching industry compliance regulations and policies.
- Helping to evaluate internal operational and procedural compliance to ensure that it serves the needs of the customer.
- Analysing and updating existing compliance policies and related documentation.
- Working closely with the business, providing management reports on customer outcomes, regulatory adherence, case study reviews, and supporting the business in making appropriate improvements.
- Promoting a culture of compliance by helping to raise awareness of compliance and regulatory matters.
- Helping to ensure the Compliance Delegated Underwriting approvals are dealt with promptly.
- Supporting reporting of Product Governance and provision of documentation to the Regulator as required.
- Identifying trends and remedying any recurring or systemic issues.
- Supporting the Senior Conduct Manager with the identification and management of all legal and regulatory developments.
- Assisting in management reports on Regulatory updates and activity affecting the business.
Essential qualifications, skills and experience:
- Demonstrate a high level of problem solving and the ability to resolve issues.
- Demonstrate strong organisational skills.
- Strong analytical skills.
- Excellent interpersonal skills, able to communicate effectively with a wide range of people.
- Excellent written communication skills.
- Ability to react to change positively and use initiative to provide guidance to the business.
Desirable behavioural attributes:
- Technical knowledge of IQUW product range.
- Excellent knowledge of the legal, regulatory and compliance provisions that apply to your product range.
- Good understanding of the UK Regulatory regime and global scheme of regulation.
- Experience working in a Compliance department or other related assurance role within the insurance industry.
- Good knowledge of Microsoft Office suite of tools.
Benefits:
- Competitive Benchmarked Salary
- 25 days holiday
- Discretionary bonus scheme
- Employee assistance programme
- Annual holiday buy (up to 3 extra days)
- Salary sacrifice benefits
- Annual benefits reviews
- The option for professional qualifications and study support
Product Governance Analyst in London employer: IQUW Group
Contact Detail:
IQUW Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Governance Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their compliance needs and be ready to discuss how your skills can help them meet regulatory requirements. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to compliance and product governance. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’d be a perfect fit for their team.
We think you need these skills to ace Product Governance Analyst in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight how your skills and experiences align with the Product Governance Analyst role. We want to see how you can contribute to our compliance efforts, so don’t hold back on showcasing relevant achievements!
Show Off Your Communication Skills: Since excellent written communication is key for this role, ensure your application is clear, concise, and free of errors. Use professional language but keep it friendly – we love a bit of personality in applications!
Highlight Your Analytical Prowess: This role requires strong analytical skills, so be sure to include examples of how you've successfully tackled complex problems in the past. We’re keen to see how you approach challenges and what solutions you’ve implemented.
Apply Through Our Website: We encourage you to submit your application through our website for the best chance of being noticed. It’s super easy, and you’ll be one step closer to joining our fantastic team at StudySmarter!
How to prepare for a job interview at IQUW Group
✨Know Your Compliance Stuff
Make sure you brush up on the latest compliance regulations and policies relevant to the insurance industry. Familiarise yourself with the specific requirements from Lloyd's, PRA, and FCA, as this will show your potential employer that you're serious about the role.
✨Show Off Your Analytical Skills
Prepare to discuss how you've used your analytical skills in past roles. Think of specific examples where you've evaluated compliance policies or resolved issues. This will help demonstrate your problem-solving abilities and how you can contribute to their team.
✨Communicate Like a Pro
Since the role involves a lot of communication, practice articulating your thoughts clearly and professionally. Be ready to explain complex compliance concepts in simple terms, as you'll need to interact with various stakeholders across the business.
✨Be Ready for Change
The insurance landscape is always evolving, so be prepared to discuss how you've adapted to changes in previous roles. Highlight your ability to use initiative and guide teams through transitions, which is crucial for maintaining compliance in a dynamic environment.
