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- Tasks: Lead policy initiatives and engage with key stakeholders in the insurance sector.
- Company: Join a top membership organisation in the dynamic insurance market.
- Benefits: Enjoy flexible working days and a competitive salary of £300-£400.
- Why this job: Make an impact on crucial issues like climate change and data protection while advancing your career.
- Qualifications: Must have insurance knowledge and experience in policy and regulatory matters.
- Other info: This role offers a hybrid work model and an ASAP start in London.
The predicted salary is between 30000 - 42000 £ per year.
Hybrid working – 2.5 days Central London / 2.5 days home
Basic salary circa £70,000 Excellent benefits package including: Bupa healthcare for spouse and family, Permanent Health Insurance, Life Assurance (4x salary), 26 days annual leave (rising to 30 days with service), Pension scheme with up to 12% employer contribution
Employer provides a base 5% and matches employee contributions up to a combined total of 12%
Permanent, Full Time
Our client is a leading not-for-profit trade body in the financial services sector, representing 49 member organisations and employing 27 staff. They are seeking a Policy Manager for their London office, with hybrid working.
If you have practical policy experience gained within financial services, banking, prudential regulation, HMRC, taxation, lending, mortgages, government, a mortgage lender, trade association, professional body, regulatory body or membership organisation, we would be keen to hear from you.
The Role of Policy Manager
The Policy Manager will effectively represent the views of member organisations to external stakeholders and help establish and maintain a favourable operating environment. The role supports the Head of Prudential Regulation and provides advice, guidance and policy development for members across the following areas: Prudential regulation (including PRA requirements), Wider financial regulation, including fees, levies and FSCS, Taxation matters, Regulatory reporting, audit and accounting
- Represent member interests with a wide range of stakeholders, including government, regulators, professional bodies and other trade associations
- Review policy developments and coordinate responses to regulatory consultation papers
- Draft guidance and communications for members, including website briefs, impact analyses, newsletters and circulars
- Coordinate panel and committee meetings, including agenda preparation, minutes and follow-up actions
- Monitor regulatory and market developments to anticipate future policy priorities
- Respond to member queries and proactively identify policy development opportunities
- Lead aspects of policy advocacy work (e.g. audit reform)
- Act as deputy to the Head of Prudential Regulation when required
- Undertake special projects as necessary
Person Specification
- 3–5 years’ post-qualification experience
- A finance-related or banking-related qualification is desirable but not essential
- Previous experience within financial services, central government or a trade association
- Strong ability to analyse policy issues and develop evidence-based positions
- Clear, concise and persuasive written communication skills
- Excellent verbal communication and presentation skills
- Ability to take ownership and leadership responsibility for defined policy areas
- Confidence engaging with senior external stakeholders and member organisations
- Strong organisational skills with excellent attention to detail
- Ability to balance competing priorities and work to tight deadlines
To apply for this Policy Manager role, please submit your CV.
Due to the volume of applications, only successful candidates will be contacted. If you have not heard from us within 10 working days, please assume your application has been unsuccessful on this occasion.
Membership Bespoke is acting as a recruitment business in relation to this role and positively encourages applications from suitably qualified candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.
Membership Bespoke is the UK’s most experienced membership-focused recruitment firm, with over 10 years’ experience delivering permanent, temporary, interim and executive search recruitment solutions to trade associations, regulatory bodies, professional bodies and political organisations.
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Policy Manager employer: Membership Bespoke
Contact Detail:
Membership Bespoke Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Policy Manager
✨Tip Number 1
Familiarise yourself with the latest developments in insurance policy and regulation, especially those related to climate change and data protection. This will not only help you understand the current landscape but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the insurance sector, particularly those involved in policy and regulatory roles. Attend industry events or webinars to connect with potential colleagues and gain insights that could be beneficial for your application.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you've successfully translated complex regulations into actionable strategies. This will demonstrate your expertise and ability to drive member engagement effectively.
✨Tip Number 4
Research the organisation's recent initiatives and challenges in the insurance market. Being knowledgeable about their current focus areas will allow you to tailor your conversation and show how you can contribute to their goals.
We think you need these skills to ace Policy Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your insurance knowledge and experience. Focus on relevant roles where you've dealt with policy management, regulatory compliance, and stakeholder engagement. Use specific examples to demonstrate your expertise in the London Market and related areas.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your understanding of the key issues mentioned in the job description, such as climate change policy and data protection. Explain how your background makes you a perfect fit for the role and how you can contribute to the organisation's goals.
Showcase Relevant Skills: In your application, emphasise skills that are crucial for the Policy Manager role, such as translating complex regulations into actionable insights and engaging with senior stakeholders. Provide examples of how you've successfully navigated similar challenges in previous positions.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is essential in the insurance sector.
How to prepare for a job interview at Membership Bespoke
✨Showcase Your Insurance Knowledge
Make sure to highlight your experience in the insurance sector, particularly with London Market and Lloyd’s. Be prepared to discuss specific regulations and policies you've worked with, as this will demonstrate your expertise and readiness for the role.
✨Prepare for Regulatory Discussions
Since the role involves engaging with regulators like the PRA and FCA, brush up on current regulatory frameworks and recent changes. Being able to discuss these confidently will show that you are proactive and well-informed.
✨Demonstrate Stakeholder Engagement Skills
Think of examples where you've successfully engaged with senior stakeholders or members. Prepare to share how you translated complex regulations into actionable insights, as this is a key part of the job.
✨Understand Current Policy Issues
Familiarise yourself with pressing issues such as climate change policy and data protection. Being able to discuss these topics intelligently will not only impress your interviewers but also show your commitment to the role and its challenges.
