At a Glance
- Tasks: Oversee product governance activities and ensure compliance with industry regulations.
- Company: Join Post Office Insurance during an exciting growth phase.
- Benefits: Competitive salary, 28 days leave, annual bonus, and generous pension contributions.
- Other info: Embrace a culture of equity, diversity, and inclusion.
- Why this job: Make a real impact in a dynamic role within the insurance sector.
- Qualifications: Experience in Product Governance or related fields, with strong attention to detail.
The predicted salary is between 60000 - 75000 £ per year.
The Product Governance Manager is responsible for the day‑to‑day execution and coordination of Product Governance activities across Post Office Insurance's product portfolio, ensuring compliance with FCA PROD 4 and Consumer Duty requirements. The role supports the Head of Product Governance by operating core governance processes across the product lifecycle, including product approvals, in-life reviews, fair value assessments and outcome testing. Acting as a first-line control function, the Product Governance Manager ensures governance activity is well‑evidenced, consistently applied and effectively embedded within Product and Commercial teams. The role has responsibility for identifying, escalating and supporting the remediation of product, conduct and customer outcome risks, including potential foreseeable harm. This role offers an incredible opportunity to join Post Office Insurance at the start of an ambitious period of growth.
What we can do for you: 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
What you'll need to succeed: The successful candidate for this role will have demonstrable experience in Product Governance, Conduct Risk, Compliance, Product Management or a related role within insurance or financial services. In addition to this, you will have:
- Strong working knowledge of FCA Product Governance (PROD 4) requirements within insurance or financial services.
- Practical understanding of Consumer Duty, including fair value, outcome testing and evidencing customer outcomes.
- Good understanding of insurance products, pricing structures and distribution models.
- Strong attention to detail with the ability to critically review documentation and MI.
- Ability to interpret data, performance metrics and value assessments to identify risks and issues.
- Experience supporting or delivering product approvals, in-life reviews and fair value assessments.
- Experience working within regulated governance and committee structures.
- Relevant professional qualification desirable (e.g., insurance, compliance, risk, conduct or product-related qualification).
Equity, Diversity and Inclusion: 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.
Governance Manager (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 development. With a strong commitment to equity, diversity, and inclusion, employees benefit from a comprehensive package including generous leave, a competitive salary, and ongoing learning opportunities, all while contributing to the governance of vital insurance products during an exciting period of expansion.
StudySmarter Expert Advice🤫
We think this is how you could land Governance Manager (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 interviews by brushing up on FCA PROD 4 and Consumer Duty requirements. We want to see that you know your stuff, so be ready to discuss how your experience aligns with these key areas.
✨Tip Number 3
Showcase your attention to detail! Bring examples of how you've critically reviewed documentation or managed product approvals in the past. This will demonstrate your fit for the Governance Manager role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Governance Manager (Post Office Insurance)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Governance Manager role. Highlight your experience in Product Governance and Compliance, and don’t forget to mention any relevant qualifications. We want to see how your skills match what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. Be sure to mention your understanding of FCA PROD 4 and Consumer Duty – we love that stuff!
Showcase Your Attention to Detail:In a role like this, attention to detail is key. When you submit your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure their documents are polished and professional.
Apply Through Our Website:We encourage you to apply through our website for the best experience! It’s super easy, and you’ll be able to track your application status. Plus, it shows us you’re really interested in joining our team at StudySmarter!
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’re not just familiar with the regulations but can also apply them in real-world scenarios.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've successfully managed product governance or conducted risk assessments. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your achievements.
✨Understand the Product Lifecycle
Familiarise yourself with the entire product lifecycle, especially how product approvals and in-life reviews work. Be ready to discuss how you’ve contributed to these processes in previous positions and how you can add value to the Post Office Insurance team.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to governance and compliance. This not only shows your interest in the role but also gives you a chance to assess if the company’s values align with yours, especially regarding equity, diversity, and inclusion.
