
Policy Adviser (2 roles), General Insurance and Conduct Regulation
Association of British Insurers
- Closing: 11:59pm, 11th Jul 2024 BST
Job Description
When meeting us, you’ll quickly discover that the best thing about the Association of British Insurers is the people. We’re hugely proud that 98% of our people think individual differences are respected and we are empowered to bring our whole self to work without fear of judgment. If that sounds like your sort of culture, read on to find out how you can join us.
We have two fascinating roles for people who want to gain a broad understanding of the general insurance industry and/or financial regulation. The industry is incredibly diverse and varied, and so the scope of your work will be, too. General insurance plays a huge role in the UK economy, and in these roles at the ABI, you can have a real impact on future policy development, and on how the insurance industry interacts with businesses across the UK, contributes to UK growth and competitiveness, and ensures consumers are treated fairly. There’s an opportunity to get involved in career-defining work, which could take your future career in a range of exciting directions.
We’re looking for two Policy Advisers to work on:
Role One: the development of policy on commercial insurance (insurance which businesses purchase) and how it helps to support and grow UK businesses. This covers insurance relating to areas such as terrorism, professional indemnity, commercial property, financial lines, casualty, credit and political risk as well as other emerging risks.
Role Two: the development of conduct regulation policy (especially in relation to commercial and retail insurance (products like home, motor and pet insurance). Fundamentally, conduct regulation is about ensuring insurers are run well, and that consumers get good-value products which help them go about their daily lives with confidence.
We welcome people who are new to insurance (most of us were when we joined) – as well as those with experience. We are open to flexible, part time and/or job share working – please let us know if this would be your preference. We work in a hybrid way with at least 40% of time in the office.
What’s the job? (General Insurance role)
• Engage with our commercial members, Lloyd’s and London Markets and work with colleagues and the Government to consider and develop solutions to public policy challenges where insurance coverage can be challenging to provide.
• Develop industry responses to reputational challenges facing the commercial insurance market.
• Supporting economic growth through enabling UK businesses to understand their insurance needs as they adapt, grow and evolve.
• Lead and contribute to policy development work with our members including supporting and facilitating meetings for various senior ABI Committees.
• React to developments in policy or the media that could impact on commercial insurance issues and help our members navigate these issues effectively.
• Develop areas of knowledge and expertise on insurance innovation including InsurTech and digital transformation.
What’s the job? (Conduct Regulation role)
• Engage with our members, associate members and regulatory bodies to consider and develop solutions to regulatory policy projects in relation to General Insurance. Recently these have included topics such as the affordability of motor insurance and the role insurers should play in supporting vulnerable customers.
• Monitor the development of FCA initiatives, identifying impacts on our members and wider stakeholders, in co-ordination with colleagues across the ABI.
• Work in partnership with ABI colleagues to help shape the regulatory landscape.
• Lead the ABI's strategic relationship with the Financial Ombudsman Service, working jointly with the FOS and members to identify areas of common benefit and highlighting industry concerns.
• Actively develop and maintain a range of relationships with stakeholders including members, the FCA, government officials and other trade associations.
What skills are we looking for?
• Ability to understand complex policy issues and risks – you can get up to speed quickly with the technical detail.
• An analytical mind – you use evidence to back up your decisions.
• Excellent communication and relationship management skills – you know how to approach stakeholders of all levels and backgrounds.
• Demonstrable lobbying skills – you can influence and persuade senior people in member firms, Government, regulators and elsewhere.
• Effective presentation skills – you know how to tailor you message to your audience.
We encourage you to apply, even if you don’t have all the skills above right now.
Throughout the interview and assessment process, we will be looking for you to demonstrate our values; We are Brave; We take Ownership; We are Appreciative; We are Human and We are Curious.
Inclusion matters to us
We welcome applications from candidates from all backgrounds and we run our application process a bit differently – we don’t assess based on your CV. We’ll ask application questions which are relevant to the role and the skills we need to ensure our process is fair, inclusive and everyone has equal opportunity to demonstrate their suitability.
We are proud to be a Disability Confident employer and are committed to making adjustments to help you perform at your best in our recruitment process. Additionally, where practicable, we offer an interview to disabled candidates who meet the minimum requirements for a role. To discuss, please contact careers@abi.org.uk
To find out more
You can find lots more information on our careers page, including details of our generous benefits package and who we are as an organisation.
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/.
Removing bias from the hiring process
Applications closed Thu 11th Jul 2024
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 11th Jul 2024