Fixed Firm Analysts – Insurance Division London, England
Financial Conduct Authority
Full Time
London, England
6500 GBP Today
Job description
Salary: National ranging from £40,600 to £50,100 and London £44,900 to £55,7 per annum – Salary offered will be based on skills and experience
Are you interested in joining a team that will help shape and deliver the future of Retail and Health Insurance at the FCA?
The role
We are looking for an Associate to join the Fixed Retail Insurers Supervision Team in the Market Interventions Insurance Division at the Financial Conduct Authority (FCA). We welcome applications from a variety of backgrounds as we continue to build a diverse and inclusive workforce.
We are looking for someone who enjoys using their analytical skills to make sound judgements and who are great at building relationships. Training and your personal development are important to us. We’ll do what we can to help you develop and progress in your career and we’ll make sure you have the training, support and tools you need to do that.
What you will be doing
Many of the retail and health insurance firms we supervise are household names. Working in the Fixed Insurance Department gives you the opportunity to be at the heart of our insurance supervision strategy, helping ensure firms and markets work well so that customers get a fair deal.
On joining us, you will work as part of a team and your role will involve regular engagement with one or more of the firms we supervise. It can range from supporting more experienced colleagues prepare for meetings with CEOs, reviewing Board Papers or helping with a range of reactive issues. Day to day it’s a very varied role!
What will you get from the role?
Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle. You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash.
Core benefits that you will receive as standard are:
- 25 days holiday per year plus bank holidays
- Private healthcare with Bupa
- A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35)
- Life assurance of eight times your basic salary
- Income protection
- We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations
You will also gain:
- You will work in a stimulating and exciting environment with varied and challenging work at the forefront of changes in the UK financial services industry.
- You will enjoy a unique view of the Retail and Health Insurance industry, with the opportunity to do meaningful work that makes a real difference to customers across the Retail and Health Insurance Sector.
- You will have the opportunity to work with and influence a wide range of industry professionals and to gain exposure to senior leaders both within industry and at the FCA.
- You will contribute to the development and delivery of effective supervisory strategies to identify and mitigate the key risks of harm within the firms you supervise.
As an Academy business, we place great value on your learning and offer world-class development opportunities which will assist you in achieving your career aspirations. For example, we offer sponsored study and can facilitate industry secondments to bolster your experience as well as finding you a suitable mentor if you’d like.
The skills and experience you’ll have
We're a signatory to the Government's Disability Confident scheme. This means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.
Minimum
- Proven experience building rapport and constructive relationships with key contacts, both internally and externally
- Excellent written communication skills.
- Intermediate level proficiency in Microsoft Office products (Excel, Word and PowerPoint)
Essential
- Proactive approach to work and being curious and able to use your own initiative and prioritise where necessary.
- Delivery focussed. Take pride in seeing the job through.
- Willing to learn and develop, take on new responsibilities and adopt a flexible approach to your work.
- Ability and willingness to adapt to change, positively embracing new approaches.
- A great team player, able to work together with the team to achieve positive outcomes.
- Experience analysing, investigating and assessing information and able to reach the right outcome
- Ability to make logical and timely decisions
About the FCA
The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found
here.
The FCA's Values & Diversity
Our ambition is to cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. 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.
The FCA is committed to achieving greater diversity across all levels of the organisations. Given this, we particularly welcome applications from women, disabled and minority ethnic candidates for our Associate role.
Flexible working
We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can’t promise to give you exactly what you want but we won’t judge you for asking.
Multilocation & hybrid working
As part of the FCA’s on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices. This means that as part of the application process you will be able to select your preference of which office location you would like to work from.
Useful information
Applications for this role close at midnight on 20th September 2023
This role is graded as Associate – level 8 - Regulatory
Got a question?
If you are an external candidate and you are interested in learning more about the role, please contact Chhavi Bartaria on
If you are an internal candidate and you are interested in learning more about the role, please contact Lucy Matthews on
Please note that all applications must be submitted through our online portal before the closing date, applications sent via email will not be accepted.
Financial Conduct Authority
www.fca.org.uk
London, United Kingdom
Nikhil Rathi
Unknown / Non-Applicable
1001 to 5000 Employees
Non-profit Organisation
National Services & Agencies
2013
