Job Description

Job Title: Senior Insurance Policy Advisor

Division: Insurance

Department Market Analysis and Policy

• Salary: National (Edinburgh and Leeds) ranging from £53,800 to £67,200 and London from £59,200 to £73,800 (salary offered will be based on skills and experience)

• This role is graded as: Senior Associate - Regulatory

• Your External recruitment contact is Riley via riley.fox@fca.org.uk.

• Your Internal Recruitment contact is Rumana via Rumana.Hussain@fca.org.uk

Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.

About the FCA and team

We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.

Sitting in the Insurance Directorate, the General Insurance Policy team drive the Directorate’s policy-making agenda to deliver robust rules in support of the FCA's objectives. The team is responsible for the conduct rules relating to general insurance (including ICOBS and PROD 4) and funeral plans (FPCOB) and the development of wider policy relevant to the sector

Role responsibilities

• Helping to lead policy projects on insurance matters, including assessing causes of harm to consumers and markets, developing, and implementing remedies, collaborating with policymakers, supervisors, and other specialists across the FCA

• Drafting proposals, committee papers, guidance, and other policy papers

• Building productive relationships and managing internal and external stakeholders

• Providing internal consultation to colleagues on existing rules applicable to insurance firms

Skills required

Minimum:

• Demonstrable experience drafting policy in a policy-focused role, with a good understanding of the FCA’s policy-making process

• Prior experience and working knowledge of the parts of the FCA Handbook owned by the team (particularly ICOBS, FPCOB, PROD 4)

• Demonstrated experience in a role which has required clear written and verbal communication skills, along with the ability to cultivate and manage stakeholder relationships across all levels

Essential:

• Prior experience leading policy projects or strategy projects, demonstrating knowledge of the regulatory requirements on insurance firms

• Good judgement and an ability to quickly identify relevant issues from a wide range of data points and present the outcomes of your analysis quickly, clearly and effectively

• An organized thinker with a structured approach and a risk-based approach to decision making, including the ability to reach sound and timely judgments and an ability to produce consistently high-quality output to tight deadlines

• Effective written, oral and in-person communication and the ability to persuade stakeholders at all levels, including delivering difficult messages

• Willingness to learn and develop, taking on new responsibilities, managing shifting priorities and adopting a flexible and pragmatic approach to an often-demanding workload

Benefits

• 25 days annual leave plus bank holidays

• Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)

• Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary

• Private healthcare with Bupa, income protection, and 24/7 Employee Assistance

• 35 hours of paid volunteering annually

• A flexible benefits scheme designed around your lifestyle

For a full list of our benefits, and our recruitment process as a whole visit our benefits page.

Our values & culture

Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.

If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support.

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.

Disability Confident: our hiring approach

We’re proud to be a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes, we may progress applicants whose experience most closely matches the role’s key requirements.

Useful information and timeline

• Advert Closing: 14th June

• CV Review/Shortlist: 16th June

• Case study/Interviews: w/c 22nd June

• Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.