Insurance Supervisors - flexible options
Picture a safer economy for all
Then help make it happen
Protecting the nation’s insurance policyholders is a vital job – and you can help us do it. Through the Prudential Regulation Authority, we promote the safety and soundness of over 500 insurers. We help identify and mitigate potential risks before they can have an adverse effect on the public and financial markets. You will have the opportunity to work in a dynamic fast-paced environment at the cutting edge of market developments.
You’ll join a directorate that focuses on domestic and international insurance firms, which vary in size, complexity and business model. We currently have a number of vacancies available across the directorate giving you the opportunity to specialise in life insurers, general insurers, composites and London Markets wholesale insurers including Lloyd’s of London and all of the firms that write business through Lloyd’s.
You’ll lead on prudential risk assessment and mitigation. This will see you analysing anything from business models and capital data to operations and governance. You’ll also build the senior-level relationships you’ll need to make recommendations and influence change based on your findings.
Your work will be high profile and complex, and will often see you making sometimes-difficult judgements. But the changes you bring about will be hugely positive, and the insight into the workings of the financial sector you gain will be unique. What’s more, our openness to flexible working will ensure that you can maintain a healthy work/life balance.
The right skills are more important than the right background. You must be willing to learn across a broad range of disciplines, have strong analytical and problem-solving skills, combined with the ability to process, interpret and question large amounts of complex data. The ability to communicate your findings effectively is also vital, both in person and in writing, as well as the ability to manage competing priorities/projects. Professional work experience is a must because you’ll need the credibility to influence and operate at a senior level. Financial experience, however, is not essential. In fact, our current team includes people from diverse backgrounds such as science, government, civil service and the military.
If you want to see the impact of the Bank of England’s work, just look around you. As the central bank of the United Kingdom, we ensure monetary and financial stability for the UK’s economy. This means that the decisions we make shape life for everyone in the UK, so it makes sense that our talented team reflects every sector of society. Working in this diverse environment, you’ll get the training, support and flexible working options to build a lasting career within the PRA or the wider Bank.
We offer a unique reward package that will give you a base salary of up to £54,000 (subject to experience and skillset) and a defined benefit pension as well as comprehensive flexible benefits. Highlights of the package include private medical insurance, a discretionary performance award and 25 days’ annual leave with the option to buy up to 13 additional days.
The Bank is absolutely committed to having a diverse and inclusive environment. We are keen to receive applications from all candidates who may be interested in working flexibly, including part-time working.
For a closer look at the role, our work and our exceptional benefits package, click APPLY.
Closing date: 5th June 2018.