At a Glance
- Tasks: Lead product governance initiatives and ensure compliance with regulatory expectations.
- Company: Join Howden, a global insurance group with a strong employee ownership culture.
- Benefits: Enjoy flexible working hours, career progression, and a supportive team environment.
- Why this job: Make a real impact in the insurance industry while collaborating with diverse teams.
- Qualifications: Experience in compliance roles and strong knowledge of product governance regulations.
- Other info: Embrace a culture that values diversity and encourages innovative thinking.
The predicted salary is between 36000 - 60000 £ per year.
Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 23,000 employees spanning over 56 countries. People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.
Role Purpose: We are seeking an experienced Product Governance Manager to join our team. The successful candidate will develop and maintain strong business relationships with Senior Management and key stakeholders. Your primary focus will be to ensure comprehensive understanding, interpretation, and application of regulatory expectations related to product governance obligations.
Key Responsibilities:
- Collaborate with Senior Management and stakeholders to support the business in meeting regulatory expectations.
- Assist in the assessment and approval process for proposed new products and changes to existing products through the Product Governance Committee.
- Embed product governance principles and practices within the business.
- Develop and deliver training on relevant processes to enhance understanding and compliance.
- Serve as the primary point of contact for Information Requests, FVAs, Product Reviews/Approvals, Distribution Impact Assessments, and other related activities as directed by Senior Management.
Skills and Experience Required:
- Strong knowledge of regulatory expectations regarding Product Governance, Consumer Duty & Fair Value assessments and the implementation of systems and controls across various business profiles.
- Extensive experience working in a compliance role (1st/2nd LOD) within an Insurance Intermediary, Insurer or MGA.
- Knowledge and experience in Commercial & Schemes products is a plus.
- Demonstrated ability to build constructive relationships with business leaders and senior management.
- Commercial awareness and focus on the application of regulation within the insurance broking industry.
- Broad knowledge and understanding of insurance principles, products, and services.
- Effective planning, organisation, analytical and problem-solving capabilities.
- Proficiency in analysing complex data to synthesise meaningful insights is a requisite.
A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:
- Our successes have all come from someone brave enough to try something new.
- We support each other in the small everyday moments and the bigger challenges.
- We are determined to make a positive difference at work and beyond.
Reasonable adjustments: We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working. If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
Permanent
Product Governance Manager in London employer: London Insurance Life
Contact Detail:
London Insurance Life Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Governance Manager in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. Building relationships can open doors that a CV just can't.
✨Ace the Interview
Prepare for your interviews by researching the company and its culture. Think about how your skills align with their values and be ready to share examples of your past successes. Confidence is key!
✨Follow Up
After an interview, don’t forget to send a thank-you email. It shows your appreciation and keeps you on their radar. A little courtesy can go a long way in making a lasting impression.
✨Apply Through Our Website
When you find a role that excites you, apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing passionate candidates like you!
We think you need these skills to ace Product Governance Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product Governance Manager role. Highlight your experience in compliance and product governance, and don’t forget to mention any relevant regulatory knowledge you have. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about product governance and how your background makes you a great fit for our team. Be genuine and let your personality come through – we love to see that!
Showcase Your Achievements: When detailing your experience, focus on specific achievements rather than just listing duties. Use metrics or examples to illustrate how you’ve made a positive impact in previous roles. This helps us understand the value you can bring to Howden.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at London Insurance Life
✨Know Your Regulations
Make sure you brush up on the regulatory expectations related to product governance, Consumer Duty, and Fair Value assessments. Being able to discuss these topics confidently will show that you understand the core responsibilities of the Product Governance Manager role.
✨Build Relationships
Since this role involves collaborating with Senior Management and stakeholders, think about how you can demonstrate your relationship-building skills. Prepare examples from your past experiences where you successfully engaged with senior leaders or cross-functional teams.
✨Showcase Your Analytical Skills
Be ready to discuss how you've analysed complex data in previous roles. Think of specific instances where your insights led to improved compliance or product governance practices. This will highlight your problem-solving capabilities, which are crucial for this position.
✨Prepare for Training Scenarios
As part of the role, you'll need to develop and deliver training on relevant processes. Consider how you would approach this task and be prepared to share your ideas during the interview. This shows your proactive attitude and readiness to enhance understanding and compliance within the team.