At a Glance
- Tasks: Coordinate regulatory meetings and manage communications with UK regulators.
- Company: Join Lloyd's, the leading insurance marketplace, committed to a braver future.
- Benefits: Enjoy flexible working, health benefits, and support for your professional development.
- Why this job: Be part of a dynamic team influencing regulatory interactions and making a real impact.
- Qualifications: Strong communication skills and ability to manage multiple priorities in a fast-paced environment.
- Other info: Diversity and inclusion are key; we support your growth and well-being.
The predicted salary is between 36000 - 60000 £ per year.
Lloyd's is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver world. Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that's more sustainable, resilient and inclusive, you'll find a home at Lloyd's - build a braver future with us.
This role requires a combination of a capability to effectively manage the flow of information to and from the regulators and a demonstrable ability to self-manage and prioritise your workload. This is a rare opportunity to join a high profile and fast paced team managing, facilitating and monitoring Lloyd's regulatory interactions with the UK regulators. The Regulatory Engagement team maintains a strategic view of Lloyd's relationship with two key stakeholders: The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) and the wider Financial Crime & Compliance (FC&C) department provides second line advice and assurance to Lloyd's in relation to its compliance with regulatory requirements in the UK and strategy with respect to compliance and financial crime globally.
Principal Accountabilities
- Coordinate and schedule regulatory meetings, including diary and people coordination to enable Lloyd's to have effective meetings with regulators.
- Lead on the management of the regulatory mailboxes by triaging regulatory correspondence received by Lloyd's.
- Monitor and track agreed actions between Lloyd's and the UK regulators, ensuring regulatory deliverables, deadlines and activities are met.
- Coordinate business activities for the Regulatory Engagement team and ensure the infrastructure is in place to do this, including supporting the delivery of briefings and taking minutes of regulatory meetings where needed.
- Produce management information and internal reporting of regulatory engagement so that Lloyd's understands and can act on its regulatory exposures including provision to senior leadership and the Council.
- Partnering with allocated business functions to understand and support Lloyd's strategic priorities that require regulatory interaction with the PRA and FCA.
- Build effective relationships with Lloyd's regulatory supervisors to understand their challenges and priorities.
- Support the Regulatory Engagement Manager to monitor and interpret regulatory interactions and wider landscape, providing insights and recommendations to inform team priorities and resource allocation.
- Work in collaboration with Regulatory Change colleagues to support regulatory interactions related to regulatory change projects.
- Support the wider work of the Financial Crime and Compliance team, ensuring appropriate escalation of any risks and issues through the appropriate governance process.
Skills Knowledge and Experience
- Knowledge of the UK regulatory environment would be advantageous but not essential.
- Excellent knowledge of Microsoft Office 365 products.
- Experience in building and maintaining effective relationships with diverse stakeholders and teams across different functions or business areas.
- Understanding of the Lloyd's market or broader financial services regulation would be advantageous but not essential.
- Background in managing and coordinating a high volume of meetings across a fast paced and complex corporate environment.
- A good understanding of process and operational demands within complex organisations.
- Experience in coordinating and delivering projects within a complex stakeholder environment would be beneficial.
- Broader knowledge of Risk Governance structures, corporate functions and activities of an effective Compliance department an advantage but not essential.
- Ability to operate with tact and diplomacy, adapting quickly to new priorities and changes influencing the regulatory relationship with PRA and FCA.
- Analytical thinking and problem-solving skills, with the ability to apply existing solutions pragmatically.
- Written and verbal communication skills, with confidence in engaging stakeholders at all levels of the business.
- Strategic thinking with the ability to connect detailed analysis to broader organisational and regulatory engagement objectives.
- Ability to manage change in a positive and constructive manner and a willingness to embrace new ideas/procedures.
Diversity and inclusion are a focus for us - Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Regulatory Engagement Coordinator in London employer: Lloyd's
Contact Detail:
Lloyd's Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Engagement Coordinator in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Lloyd's or have connections with the PRA and FCA. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by understanding Lloyd's values and how they align with your own. Be ready to discuss how you can contribute to building a braver future and support regulatory engagement.
✨Tip Number 3
Showcase your organisational skills! Be prepared to talk about how you've managed multiple projects or meetings in the past. Highlighting your ability to juggle tasks will impress the hiring team.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, it shows you're serious about joining the team at Lloyd's.
We think you need these skills to ace Regulatory Engagement Coordinator in London
Some tips for your application 🫡
Know the Role: Before you start writing, take a good look at the job description. Understand what Lloyd's is looking for in a Regulatory Engagement Coordinator and tailor your application to highlight how your skills and experiences align with those needs.
Be Yourself: We want to see your personality shine through! Don’t just list your qualifications; share your passion for the role and how you embody our values of bravery, collaboration, and doing the right thing. Authenticity goes a long way!
Keep it Clear and Concise: When crafting your application, clarity is key. Use straightforward language and avoid jargon. Make sure your points are easy to read and get straight to the point – we appreciate brevity!
Apply Through Our Website: Make sure to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Lloyd's
✨Know Your Regulators
Familiarise yourself with the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Understanding their roles and recent developments in the regulatory landscape will help you demonstrate your knowledge and show that you're proactive about staying informed.
✨Showcase Your Coordination Skills
Be ready to discuss your experience in managing multiple meetings and coordinating with various stakeholders. Prepare specific examples of how you've successfully juggled competing priorities in a fast-paced environment, as this role requires excellent organisational skills.
✨Build Relationships
Highlight your ability to build effective relationships with diverse teams. Think of examples where you've successfully engaged with different stakeholders, and be prepared to discuss how you can apply this skill to foster collaboration within Lloyd's and with regulators.
✨Demonstrate Analytical Thinking
Prepare to showcase your analytical and problem-solving skills. Think of instances where you've had to interpret complex information or provide insights that influenced decision-making. This will be crucial in understanding and navigating the regulatory interactions you'll be involved in.