At a Glance
- Tasks: Lead impactful projects and shape insurance policy for millions of consumers.
- Company: Join the Financial Conduct Authority, a leader in financial regulation.
- Benefits: Flexible benefits scheme tailored to your lifestyle and career growth.
- Other info: Diverse working styles welcomed; flexible solutions available.
- Why this job: Make a real difference in the insurance market while developing your skills.
- Qualifications: Experience in insurance regulation and strong analytical skills required.
The predicted salary is between 52400 - 68000 £ per year.
This role is graded as: Senior Associate. The policy team forms part of the insurance Market Analysis and Policy Department, whose role is to ensure the Insurance directorate can identify, prioritise, set the strategy for and mitigate the top harms in the Insurance market.
Role Responsibilities
The successful candidate will lead high profile projects and contribute to policy positions that impact millions of consumers. The role will build on and develop the candidate’s skills in policy development and delivery, including opportunities to influence senior stakeholders across the FCA and beyond.
Skills required
- Prior experience of the regulation of insurance or other relevant financial services sector (which could be gained from a firm or a regulatory, government, professional services, consultancy or related environment)
- Experience of applying/using the FCA regulatory framework within the insurance sector
- Demonstrable experience drafting policy, in a policy related role
- Strong analytical capability with an ability to quickly and clearly draw out key implications from a broad and varied range of data
- Strong written, oral and in-person communication and influencing skills
- An ability to express complex issues in a simple way
- An ability to produce consistently high-quality output to tight deadlines
- Experience of drafting technical documents or briefings
Benefits
A flexible benefits scheme designed around your lifestyle. We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.
Senior Insurance Policy Advisor employer: PSR Limited
The Financial Conduct Authority (FCA) is an exceptional employer, offering a dynamic work environment in the heart of Edinburgh and Leeds, with competitive salaries and a flexible benefits scheme tailored to your lifestyle. Our inclusive culture promotes diverse working styles and provides ample opportunities for professional growth, allowing you to lead impactful projects that shape the insurance market while influencing key stakeholders across the organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Policy Advisor
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector and let them know you're on the hunt for a Senior Insurance Policy Advisor role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Show us that you’re not just another candidate; demonstrate your knowledge about their policies and how you can contribute to their goals. Tailor your responses to highlight your relevant experience!
✨Tip Number 3
Practice your communication skills! As a Senior Insurance Policy Advisor, you'll need to express complex issues simply. Grab a friend or family member and explain some tricky insurance concepts to them. This will help you articulate your thoughts clearly during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. So, get your application in and let’s make it happen!
We think you need these skills to ace Senior Insurance Policy Advisor
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Insurance Policy Advisor role. Highlight your relevant experience in insurance regulation and policy development, as this will show us you understand what we're looking for.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past work that showcase your analytical capabilities and communication skills. We want to see how you can express complex issues simply.
Keep It Professional:While we love a friendly tone, remember to keep your application professional. Proofread for any typos or errors, as attention to detail is key in this role. A polished application reflects your commitment!
Apply Through Our Website:We encourage you to apply directly through our website. This ensures your application gets to the right place and helps us track your progress. Plus, it’s super easy to do!
How to prepare for a job interview at PSR Limited
✨Know Your Stuff
Make sure you brush up on the FCA regulatory framework and how it applies to the insurance sector. Be ready to discuss your previous experience in regulation and policy development, as this will show you understand the role and its responsibilities.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical capabilities by discussing specific examples where you've drawn key implications from complex data. This could be through case studies or projects you've worked on, so have those examples ready to go!
✨Communicate Clearly
Practice explaining complex issues in a simple way. The interviewers will want to see that you can communicate effectively with various stakeholders, so think about how you can convey your ideas clearly and concisely.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making process. Think about potential challenges in the insurance market and how you would approach them, as this will highlight your strategic thinking.
