Manager, Prudential Regulation - Flexible Working Available
We’re looking for a Manager, Prudential Regulation to lead our policy development in relation to the UK’s prudential regulation and supervisory framework, including its development post-Brexit.
As part of a team of 6, you’ll support the Assistant Director, Head of Prudential Regulation in leading the team and guiding your colleagues on views on policy issues from a prudential regulation perspective. You will also have line management responsibility.
You may not have worked on prudential regulation previously, but we’re looking for someone who has an understanding of financial services regulation, is passionate about building their knowledge of prudential regulation, and can quickly get up to speed on and digest technical information.
Please note we are open to applications from those who wish to work on a flexible and/or job share basis.
Reporting to the Assistant Director, Head of Prudential Regulation, you will:
- Lead the ABI’s strategy and policy development on a variety of issues. You’ll focus mainly on the development of the UK’s prudential regulation and supervisory framework, including its development post-Brexit and the integration of climate change policies.
- Represent the Prudential Regulation team at ABI member committees.
- Represent the interests of the UK insurance industry in meetings with key stakeholders (including government and regulators), in the media/press, and by undertaking speaking engagements
- Support the leadership of a highly motivated, high performing Prudential Regulation team, including line management some of the Policy Advisers in the team.
- Build and maintain strong networks, through which to influence and gather insight.
- Contribute to the leadership of the wider ABI as part of the ABI’s Management Team, including contributing to ABI business planning.
- Contribute on policy issues and projects as required, supporting the activities of the wider Regulation Directorate and ABI
We’re looking for:
You’ll need strong lobbying skills and the ability to very quickly pick up technical knowledge of Prudential Regulation. Line management experience is preferable, but we’ll mainly be looking for potential and your ability to inspire and influence others to deliver work.
At interview, we’ll be looking for excellent communication skills and strong stakeholder management. You’ll also need to be a personable and convincing negotiator, capable of influencing others’ views and building consensus.
The minimum requirements for applications are:
- An understanding of financial services regulation, ideally prudential regulation, and an ability to quickly gain a deep understanding of it’s application to the UK insurer sector.
- Ability to lead, line manage and effectively delegate to a team, as well as lead and take ownership of a broad and varied remit
- Ability and willingness to lead and, if appropriate, challenge current member thinking, secure member support for policy positions; with tenacity to drive the achievement of outcomes
- Strong lobbying skills, including the ability to win the confidence of senior people in member firms, government, regulators and elsewhere, and to argue persuasively for the industry’s interests
- Good team working and interpersonal skills and a commitment to working proactively with colleagues and members to get results
- Strong oral and written communication skills at all levels, including C-suite, especially the ability to clearly articulate arguments supported by convincing evidence
- Attention to detail and the capacity to understand and influence technical policy, regulatory and commercial issues
- Ability to focus on outcomes and prioritise work effectively
- Ability to manage a number of complex work areas simultaneously and independently and to prioritise
- Excellent analytical skills and the ability to think strategically and creatively, to see and act on opportunities and risks for member firms in situations that have not fully crystallised
- Willingness to be flexible and adapt to changing work demands, and the ability to react quickly to urgent issues and incidents
- Interest in understanding how businesses and markets work, and how they are regulated
Throughout the interview and assessment process, we will be looking for you to demonstrate the ABI’s values; We are Brave; We take Ownership; We are Appreciative; We are Human and We are Curious. For more information about what these mean to us, please visit: https://www.abi.org.uk/about-the-abi/careers/our-values/
Where can this role take you?
Wherever possible, we encourage our staff to develop their careers internally. The next natural step for you in this role would be Assistant Director, but this is flexible.
With a collaborative environment, the fantastic exposure you have to people and leaders in the industry and the knowledge you’ll build on a range of regulatory and policy issues, the ABI is a great place to advance your career.
What training and benefits are offered?
On your first day you’ll be met by our HR team for a full company induction. You’ll then have inductions to get you up to speed with anything from Events to how our finances work, plus one to ones with relevant colleagues. Everyone goes on an introduction to insurance course and will receive plenty of on the job training. We host various Staff Learning Events throughout the year and you will be able to attend relevant ABI and industry events.
Additional training will be tailored to your own personal needs and aspirations and we have a range of courses as part of our Learning and Development offering.
More detail on our company benefits can be found here.
Please apply with your CV and cover letter. The deadline for applications is 5 April 2020.
Please note that as part of your application, we may ask questions regarding your background to support our commitment to maintaining diversity and inclusion in our workforce. This includes building an accurate picture of the make-up of the workforce in encouraging equality and diversity. Answering these questions is entirely voluntary and the information you provide will stay confidential, and be stored securely. Access is limited to only relevant and necessary staff members. You can find out how we use your personal information by reading our candidate Privacy Notice and how we use information you may voluntarily disclose regarding your background by reading our Summary of Legitimate Interest: https://www.abi.org.uk/about-the-abi/careers/abi-candidate-privacy-notice/.
We are proud to be a Disability Confident Committed employer and as such, we:
- Are partnered with Vercida who provide an accessible website accredited by The Shaw Trust. Our jobs can be viewed on Vercida here.
- Are committed to making reasonable adjustments to our recruitment process as required for disabled candidates. To discuss in more detail, please contact [email protected]. We will also check this with you should you be invited to interview
- Offer an interview to disabled candidates who meet the minimum requirements for a role. If you believe this may apply to you, you will be able to indicate this on your application form. Please notethat there may be occasions where it is not practicable or appropriate for us to interview all disabled people who meet the minimum criteria for the job. In certain recruitment situations such as high-volume, seasonal and high-peak times, we may need to limit the overall numbers of interviews offered to both disabled people and non-disabled people.
The Association of British Insurers is the voice of the UK’s world-leading insurance and long-term savings industry. A productive, inclusive and thriving sector, our industry is helping Britain thrive with a balanced and innovative economy, employing over 300,000 individuals in high-skilled lifelong careers, two-thirds of which are outside of London.
The UK insurance industry manages investments of over £1.7 trillion, pays nearly £12bn in taxes to the Government and powers growth across the UK by enabling trade, risk-taking, investment and innovation. We are also a global success story, the largest in Europe and the fourth largest in the world.
Founded in 1985, the ABI represents over 200 member companies providing peace of mind to households and businesses across the UK, including most household names and specialist providers.
The ABI’s role is to:
- Get the right people together to help inform public policy debates, engaging with politicians, policymakers and regulators at home and abroad;
- Be the public voice of the sector, promoting the value of its products and highlighting its importance to the wider economy and society;
- Help encourage consumer understanding of the sector’s products and practices; and
- Support a competitive insurance industry, in the UK and overseas.