Prudential Regulation Manager/Senior Manager - Insurance

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Job description

Responsibilities

• The responsibilities will vary depending upon the client and engagement profile. Amongst others, you will be:
• Building meaningful relationships with clients and internally across your network through client engagements and networking;
• Being the main client contact and lead manager on engagements, or supporting more senior team members in this role on larger or more complex projects;
• Coaching more junior team members and reviewing their work;
• Preparing regulatory analysis and reports;
• Being agile and working across a range of different subjects and projects;
• Developing specialist regulatory knowledge and supporting our subject matter experts in delivering insight and expertise in areas of regulation, potentially moving towards being a subject matter expert yourself;
• Identifying and assessing key controls for demonstrating compliance with applicable regulations;
• Technical research, analysing current and emerging regulation and supporting an assessment of their impact on a client or the sector generally;
• Communication of regulatory findings, verbally and written, to clients in a pragmatic and helpful manner;
• Supporting senior team members in identifying and developing opportunities through marketing and sales activities and client contact programmes with senior client staff.

Requirements

The following skills are required for this role:

Essential skills:

• Knowledge of the insurance sector, including an understanding of prudential regulation (Solvency II) and regulatory expectations faced by insurers;
• Insurance regulatory experience, gained through working at a regulated firm or regulator, or within a professional services firm or similar;
• Ability to manage and deliver against deadlines while working on multiple projects;
• Strong written and verbal communication skills;
• Strong client handling and relationship management skills;
• Experience of problem solving and being able to implement and deliver solutions tailored to clients' needs.

Desirable Skills:

The range of technical skills our clients are looking for is broad. Whilst we welcome applications from all those who fit with the responsibilities and essential skills set out above, we particularly would welcome applicants with skills in one or several of the following areas:

• Accounting or actuarial experience / qualifications;
• Solvency II Pillar 3 reporting experience e.g. in producing or reviewing the content of QRTs, SFCRs, RSRs and ORSAs;
• Experience in undertaking or reviewing regulatory processes e.g. approvals and notifications;
• Knowledge / experience of capital management and/or capital structuring, including managing capital at Lloyd's and the associated processes and requirements;
• Knowledge / experience of modelling, maintaining or reviewing external credit ratings; and

• Experience in designing, implementing or reviewing risk management frameworks for insurers.