At a Glance
- Tasks: Support effective Product Governance and ensure compliance across Post Office Insurance's product portfolio.
- Company: Join Post Office Insurance, a leading specialist in personal lines insurance.
- Benefits: Enjoy competitive salary, 28 days leave, annual bonus, and generous pension contributions.
- Other info: Dynamic work environment with a strong commitment to diversity and inclusion.
- Why this job: Be part of an ambitious growth journey and make a real impact in the insurance sector.
- Qualifications: Experience in Product Governance or related roles within financial services is essential.
The predicted salary is between 40000 - 50000 £ per year.
The Product Governance Executive supports the delivery of effective Product Governance across Post Office Insurance's product portfolio, helping to ensure compliance with FCA PROD 4 and Consumer Duty requirements. The role is responsible for the coordination and administration of core product governance activity across the product lifecycle; including product approvals, in-life reviews, fair value assessments and Consumer Duty outcome testing. This includes the identification and escalation of product, conduct and customer outcome risks; where governance is incomplete, unclear or indicates potential consumer harm.
Working as part of the first-line Product Governance team, the Product Governance Executive supports consistent, well-evidenced governance processes and maintains accurate records, MI and documentation, while working closely with Product, Commercial, Risk and Compliance teams. This role offers you an incredible opportunity to join Post Office Insurance at the start of an ambitious period of growth.
Beyond a competitive salary, we offer a comprehensive benefits package that includes:
- 28 days annual leave that increases with tenure + bank holidays
- Annual Bonus scheme
- Generous pension contribution
- Life assurance
- Full support from our employee assistance programme and access to our employee benefits platform
- Ever-evolving learning and development opportunities
Our commitment to embracing diversity extends beyond just words. We hold the belief that Equity, Diversity, and Inclusion are not just vital but fundamental to our success and growth. As an equal opportunity employer, we value and celebrate the differences among our people, ensuring that our practices reflect our dedication to inclusivity and equal representation for all.
The successful candidate for this role will have proven experience in a Product Governance, Conduct Risk, Compliance, Product, Operations or related role within financial services, insurance or a regulated environment. In addition to this, you will have:
- Working knowledge of FCA Product Governance (PROD 4) requirements within insurance or financial services.
- Understanding of Consumer Duty principles, including fair value and customer outcomes.
- Familiarity with insurance products and regulated governance processes.
- Strong attention to detail and ability to work accurately with documentation and data.
- Ability to organise and manage multiple tasks and deadlines effectively.
- Confident using MI, trackers and governance documentation to support reporting and decision-making.
- Relevant professional qualification or working towards one desirable (e.g. insurance, compliance, conduct, risk or product-related).
Post Office Insurance (POI) is a specialist insurance business that's a regulated subsidiary of Post Office. Our highly skilled experts work to offer a full range of personal lines insurance products. We cover everything from travel, home, motor, pet and gadgets insurance. With a focus on customer value, we’re the UK market leader in travel insurance, selling over one million policies each year. There is much work to be done in achieving our growth ambitions. We're looking for people that emphasise value and service for our customers, helping us offer innovative and quality insurance products, whilst remaining focused on our purpose and strategic intent.
If you require any reasonable adjustments throughout the recruitment process or would like further details on the job description, please contact talentacquisition@postoffice.co.uk. We're thrilled by your interest in this opportunity and truly value every application we receive. Please note the advert may close early if we receive a high volume of applications. Unfortunately, we're unable to provide individual feedback on all submissions.
Governance Executive (Post Office Insurance) employer: Post Office Ltd
Post Office Insurance is an exceptional employer, offering a dynamic work environment in London that fosters professional growth and inclusivity. With a competitive salary and a comprehensive benefits package, including generous annual leave and a commitment to employee development, we prioritise the well-being and success of our team members. Join us at this exciting time as we expand our product portfolio and continue to lead the market in customer-focused insurance solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Governance Executive (Post Office Insurance)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Post Office Insurance. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Brush up on FCA PROD 4 requirements and Consumer Duty principles. Show us you’re not just a candidate, but someone who’s genuinely interested in making a difference in product governance.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family. This will help you articulate your experience in Product Governance and how it aligns with what we’re looking for at Post Office Insurance.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team and contributing to our growth ambitions.
We think you need these skills to ace Governance Executive (Post Office Insurance)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Governance Executive role. Highlight your experience in Product Governance, Conduct Risk, and Compliance, as these are key areas for us. Use specific examples that showcase your skills and achievements relevant to the job.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Don’t forget to mention your understanding of FCA PROD 4 and Consumer Duty principles, as these are crucial for us.
Showcase Your Attention to Detail:In a role like this, attention to detail is vital. Make sure your application is free from typos and errors. We want to see that you can manage documentation accurately, so present your information clearly and professionally.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. This way, you’ll ensure your application reaches the right team directly. Plus, it’s a great opportunity to explore more about us and what we stand for!
How to prepare for a job interview at Post Office Ltd
✨Know Your Governance Inside Out
Make sure you brush up on FCA PROD 4 requirements and Consumer Duty principles. Being able to discuss these topics confidently will show that you understand the core of the role and can contribute effectively to the team.
✨Showcase Your Attention to Detail
Prepare examples from your past experience where your attention to detail made a difference. Whether it was in product approvals or compliance checks, having specific instances ready will demonstrate your capability in managing documentation and data accurately.
✨Be Ready to Discuss Risk Management
Think about how you've identified and escalated risks in previous roles. Be prepared to share your approach to managing product, conduct, and customer outcome risks, as this is crucial for the Product Governance Executive position.
✨Demonstrate Your Organisational Skills
Since the role involves managing multiple tasks and deadlines, come equipped with strategies you've used to stay organised. Discuss any tools or methods you employ to keep track of governance documentation and reporting, as this will highlight your ability to handle the workload.
