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- Tasks: Join a dynamic team to advise on Consumer Duty and Product Governance.
- Company: Miryco Consultants partners with a global specialty insurance broker.
- Benefits: Enjoy a collaborative work environment in the heart of London.
- Why this job: Make a real impact in a high-performing team focused on consumer protection.
- Qualifications: Knowledge of FCA requirements and insurance experience preferred.
- Other info: No sponsorship available; apply quickly for this exciting opportunity!
The predicted salary is between 36000 - 60000 £ per year.
Product Governance Specialist – Consumer Duty – Specialty Insurance Broker Miryco Consultants is working with a global specialty insurance broker to add a Product Governance Specialist to their team. This is a great opportunity to make an impact by joining a high-performing and collaborative team. Responsibilities: Advise the business on Consumer Duty and Product Governance. Build out and maintain frameworks and support regular assessments. Development of tools, including Fair Value Assessments, Distribution Impact Assessments and product approvals. Collaborative approach and ability to work closely with teams across the business. Experience: Good knowledge of FCA requirements pertaining to Product Governance and Consumer Duty. Insurance experience highly desirable. Location: City of London Please note, our client is unable to offer sponsorship for this opportunity. If you do not hear back within five working days of submitting your application, you have not been shortlisted for the opportunity. We will, however, be in touch should there be any other opportunities that suit your skills. Seniority level Associate Employment type Full-time Job function Finance Industries: Insurance and Financial Services #J-18808-Ljbffr
Contact Detail:
Miryco Consultants Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Governance Specialist - Consumer Duty - Specialty Insurance Broker
✨Tip Number 1
Familiarise yourself with the latest FCA regulations regarding Product Governance and Consumer Duty. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience in product governance. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific tools and frameworks you've worked with in previous roles. Highlighting your experience with Fair Value Assessments and Distribution Impact Assessments will set you apart from other candidates.
✨Tip Number 4
Showcase your collaborative skills by providing examples of how you've successfully worked with cross-functional teams. This is crucial for the role, and demonstrating this ability can make a strong impression.
We think you need these skills to ace Product Governance Specialist - Consumer Duty - Specialty Insurance Broker
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Product Governance Specialist. Familiarise yourself with Consumer Duty and Product Governance concepts, as well as the specific requirements mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience in insurance and your knowledge of FCA requirements. Emphasise any previous roles where you advised on product governance or consumer duty, showcasing your collaborative approach.
Craft a Compelling Cover Letter: Write a cover letter that directly addresses the key responsibilities of the role. Explain how your background aligns with the needs of the company and express your enthusiasm for contributing to their high-performing team.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Miryco Consultants Ltd
✨Understand Consumer Duty and Product Governance
Make sure you have a solid grasp of the FCA requirements related to Consumer Duty and Product Governance. Be prepared to discuss how these regulations impact the insurance industry and provide examples of how you've applied this knowledge in previous roles.
✨Showcase Your Collaborative Skills
Since the role requires a collaborative approach, think of specific instances where you've successfully worked with cross-functional teams. Highlight your ability to communicate effectively and build relationships within a team setting.
✨Prepare for Technical Questions
Expect questions about Fair Value Assessments and Distribution Impact Assessments. Brush up on these tools and be ready to explain how you would develop and maintain them in line with the company's objectives.
✨Demonstrate Your Insurance Knowledge
While insurance experience is highly desirable, if you have it, make sure to highlight relevant experiences. Discuss any specific projects or roles that relate to the specialty insurance sector to show your understanding of the industry.
