Policy Adviser, Prudential Regulation

Association of British Insurers

Location London/Hybrid
Salary Competitive plus benefits
Team Regulation
  • Closing: 4:44pm, 27th Jan 2022 GMT

Job Description

When meeting us, you’ll quickly find out we are united in our belief that the best thing about the ABI is the people.

We’re hugely proud 100% of colleagues feel the ABI care about their health and wellbeing and 99% feel colleagues within their team respect each other. If that sounds like your kind of culture, read on to find out how you can join us.

We’re looking for a Policy Adviser to assist in the development and implementation of policy concerning prudential regulation and financial and corporate reporting issues impacting our members and the wider insurance industry.  You’ll represent industry views and interests to the UK government, regulatory authorities, and other relevant parties. To find out more about the role, check out our blog.

Please note this is a full-time role but we are open to applications from those who wish to work on a flexible and/or job share basis. In some instances, we may be able to consider part time working. We welcome applicants who are new to insurance – as well as those who are experts.

What’s the job?

  • Provide policy development support (and in some cases lead) on prudential regulation and reporting issues.

  • Lead policy development on financial and wider corporate reporting issues. This includes both international (IASB and UKEB)) and domestic (FRC and BEIS) issues in relation to IFRS and UK GAAP.

  • Build trusted and influential relationships with relevant stakeholders, both UK and international (including Insurance Europe and ABI members).

  • Provide policy development support on insurers’ tax issues as relating to financial reporting requirements.

  • Collaborate with colleagues across the ABI to enhance yours and others’ work .

  • Benefit the industry and its customers by formulating and communicating persuasive policy initiatives supported by robust evidence, that address legislative and regulatory concerns and enhance the reputation of the industry.

What skills do you need?

  •  Technical expertise – you have strong analytical and technical capabilities to, interpret, explain, and manage to conclusion complex, multi-layered issues. You’ll also have a good working knowledge of IFRSs and understand how regulators work.

  • Making the complex simple – you can present clear and concise messages to summarise our positions and represent the industry in meetings, seminars and in the media.

  • Exceptional written skills – you write articulately on relevant financial and wider corporate reporting and other regulatory issues at different levels of detail

  • Relationship management – you quickly gain credibility with those at senior levels and can work with members to understand their priorities and concerns, gather evidence, and develop credible policy positions.

  • Lobbying and influencing – you can influence and persuade senior people in member firms, Government, regulators and elsewhere, and to argue persuasively for the industry’s interests.

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 click here.

At the ABI, we feel empowered to bring our whole self to work without fear of judgment and embrace all our differences as every voice matters. To find out more about the work we do on inclusion, please visit our website and Vercida page.

How can I apply?

The deadline for applications is 31 October 2021 . More detail on our company benefits can be found here.

You can find out how we use your personal information by reading our candidate Privacy Notice: 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 careers@abi.org.uk. 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 note that 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.

About us:

The Association of British Insurers is the voice of the UK’s world-leading insurance and long-term savings industry. A productive and inclusive sector, our industry supports towns and cities across Britain in building back a balanced and innovative economy, employing over 310,000 individuals in high-skilled, lifelong careers, two-thirds of which are outside of London. 

Our members manage investments of over £1.7 trillion, collect and pay over £16 billion in taxes to the Government and support communities 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.  

The ABI represents over 200 member companies, including most household names and specialist providers, giving peace of mind to customers across the UK. 

If you would like to know more about the ABI and the work we do please visit www.abi.org.uk. You can find us on LinkedInTwitter, Facebook and Instagram too. 

Removing bias from the hiring process

Applications closed Thu 27th Jan 2022

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Removing bias from the hiring process

  • Your application will be anonymously reviewed by our hiring team to ensure fairness
  • You’ll need a CV/résumé, but it’ll only be considered if you score well on the anonymous review

Applications closed Thu 27th Jan 2022