Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead a dynamic team in life insurance supervision and drive strategic improvements.
- Company: Join a leading fiduciary services firm based in Douglas.
- Benefits: Competitive salary, professional development, and a supportive work culture.
- Why this job: Make a real impact in the financial services sector while advancing your career.
- Qualifications: Professional qualification and extensive experience in insurance or related fields.
- Other info: Opportunity to influence change and foster a diverse, high-performance culture.
The predicted salary is between 43200 - 72000 £ per year.
We are currently seeking a Senior Manager (Life Assurance) for our Douglas-based Client, a leader in fiduciary services, fund administration, and management and investment advice compliance.
Responsibilities
- Undertake effective leadership of the life insurance supervision team, ensuring effective use of resources for the completion of agreed deliverables.
- Develop, oversee, and deliver supervisory plans by insurer and theme, taking into account the organisation's Supervisory Methodology.
- Support other Divisions of the organisation as a senior manager leader.
- Oversight of the delivery of the Supervisory Methodology for the life insurance sector, including all supervisory activity and engagement (including conducting a range of thematic work, inspections and business meetings).
- Review and/or prepare supervisory risk assessments for the life insurer portfolio at firm and sector level.
- Identify and assess potential risk trends and supervisory themes.
- Management and delivery of difficult issues with insurers.
- Oversight of the assessment of all relevant proposals for authorisation and registration under the relevant insurance legislation.
- Ensure appropriate consideration is given to all relevant statutory and quarterly returns and other information submitted under the relevant insurance legislation and taking appropriate action within agreed parameters.
- Oversight of on-site inspections including preparation, carrying on and drafting reports.
- Contribute actively to strategy setting, risk horizon scanning and to a positive culture of the organisation.
- Embrace and support a risk-based approach across the organisation, including ongoing triage of work efforts and resources to achieve completion of highest priorities.
- Be a change agent: actively support and adopt changes organisation wide and in the Division, in the continued drive for improvements and automation.
- Take on additional projects or tasks to support the Head of Prudential Supervision and carry out any other duties as required.
- Collaborate with staff across the organisation to achieve efficient and effective implementation of strategic priorities and divisional work plans.
- Lead by example to ensure enhancement of a high performance, inclusive and diverse culture.
- Support the rollout of a more focused and comprehensive performance management approach, including holding staff accountable for set targets, utilising performance improvement plans where appropriate, actively implementing and overseeing staff development and training plans.
- Suggest and implement the wider use of metrics/divisional plans to provide improved quantitative KPIs to manage the Division/enterprise wide to support reporting to the Head of Prudential Supervision and other internal and external stakeholders.
Qualifications
- Hold a relevant professional qualification.
- Have extensive relevant insurance, or equivalent industry experience in an operational, compliance, assurance, risk, or audit role.
- Proven experience in a leadership/management role.
- Extensive working knowledge of the financial services sector and associated legislation, regulation and guidance including understanding of the broader finance industry including trends and developments.
- Strong people management, coaching, and leadership skills including the ability to manage through people to deliver the Divisional and organisation's objectives.
- Proven ability to build and maintain working relationships with both internal and external stakeholders at all levels including the ability to influence and negotiate.
- Strong analytical skills, ability to assimilate information quickly and accurately, to consider any associated risks and to summarise the information effectively.
- Ability to work under pressure, manage/oversee individual and team workloads of varied complexity, to manage competing priorities and to deliver against deadlines.
- Ability to prepare, lead and conduct meetings with senior stakeholders both internally and externally including dealing with difficult/contentious issues and having the ability to challenge on these.
- Subject matter expertise in relation to risk and risk frameworks, including the ability to identify, evaluate, rate, manage and mitigate risks and the ongoing monitoring and review of risks.
Desirable
- Experience of working for a financial services regulator.
Senior Manager - Life Insurance employer: Orchard Recruitment Ltd
Contact Detail:
Orchard Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager - Life Insurance
✨Tip Number 1
Network like a pro! Get out there and connect with people in the life insurance sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their supervisory methodology and recent developments in the life insurance sector. This will help you tailor your responses and show that you’re genuinely interested in the role.
✨Tip Number 3
Practice your leadership stories! Be ready to share examples of how you've led teams, managed risks, and delivered results. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that Senior Manager role. Plus, it shows you’re serious about joining our team and makes it easier for us to find your application.
We think you need these skills to ace Senior Manager - Life Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Manager role. Highlight your leadership experience and any relevant qualifications that match the job description. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements in insurance and leadership that demonstrate your ability to manage teams and deliver results.
Showcase Your Analytical Skills: Since the role involves risk assessments and supervisory activities, make sure to highlight your analytical skills. We love candidates who can quickly assimilate information and summarise it effectively, so don’t hold back on showcasing these abilities!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at Orchard Recruitment Ltd
✨Know Your Stuff
Make sure you brush up on the latest trends and regulations in the life insurance sector. Familiarise yourself with the organisation's Supervisory Methodology and be ready to discuss how your experience aligns with their needs.
✨Show Leadership Skills
Prepare examples that showcase your leadership and management abilities. Think about times when you've successfully led a team or managed complex projects, especially in compliance or risk management.
✨Engage with Stakeholders
Be ready to talk about your experience in building relationships with both internal and external stakeholders. Highlight your negotiation skills and how you've handled difficult conversations in the past.
✨Demonstrate Analytical Thinking
Expect questions that assess your analytical skills. Prepare to discuss how you've identified and managed risks in previous roles, and be ready to summarise complex information clearly and effectively.
