Regulatory Technical Specialist

Arthur J. Gallagher & Co.; Golden Horseshoe; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a proactive Regulatory Change Lead to join their global brokerage team. In this pivotal role, you'll lead regulatory initiatives, ensuring compliance with evolving regulations while balancing business opportunities. This position offers the chance to make a significant impact within a culture that values excellence and invests in your growth. If you thrive in a dynamic environment and are passionate about risk management, this is the perfect opportunity to advance your career and contribute to a legacy of trust and triumph.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance up to 10x salary

Income protection up to 50%

Health cash plan or Private medical insurance

Three paid volunteering days

Employee Stock Purchase plan

Discounted gym membership

Season ticket loan

Emergency back-up family care

Qualifications

• Excellent knowledge of FCA rules and EU regulatory framework.
• Prior experience in financial services regulation is preferred.

Responsibilities

• Monitor and analyze regulatory changes impacting Gallagher’s operations.
• Collaborate with compliance experts on policy development.

Skills

FCA rules knowledge

Regulatory affairs experience

Research and analytical skills

Stakeholder engagement

Communication skills

Education

Degree in Finance or Law

Relevant professional certification

Job description

Introduction

Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you'll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we'll build a legacy of trust and triumph in the dynamic world of risk management.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Overview

Join Gallagher, the UK's largest insurance brokerage, as a Regulatory Change Lead. In this key role, you'll support the UK Regulatory Director by leading regulatory change initiatives and developing policies to ensure compliance with evolving regulations. You will drive these initiatives to maintain compliance, develop policies aligned with Gallagher's strategic objectives, and balance business opportunities with compliance risks to enhance performance. Additionally, you'll work to minimise financial, regulatory, and reputational risks.

This position is ideal for a proactive professional with a strategic mindset, offering the chance to make a significant impact. Join us at Gallagher and contribute to a culture that values excellence and invests in your growth. Apply today!

How you'll make an impact

Regulatory Developments

• Proactively monitor and analyse regulatory changes from key UK regulatory and Government bodies that may impact Gallagher’s operations or its clients.
• Collaborate with subject matter experts in the Compliance department during policy consultation, design, and implementation phases, using research and analysis to inform policy development and operational decisions for regulatory projects and initiatives.
• Engage with key stakeholders to ensure Gallagher’s perspectives are effectively represented in responses to consultations affecting the Group or its clients.
• Maintain a comprehensive understanding of key regulatory policy areas relevant to Gallagher’s businesses.
• Produce high-quality, informative, and concise reports or briefings to facilitate effective stakeholder engagement across the Group.
• Communicate complex and ambiguous information clearly and impactfully, utilising a variety of communication channels.
• Respond to ad-hoc requests for research and analysis to support policy advice for Compliance colleagues and business stakeholders.
• Explore opportunities for leveraging GSC and regulatory technology to support regulatory projects or changes.

FCA Relationship Management

• Assist the UK Regulatory Director in managing regulatory relationships to ensure expectations are met.
• Prepare tailored briefing materials for senior managers ahead of regulatory interactions, such as proactive engagement meetings, thematic visits, or SIF interviews.
• Review all documentation to ensure it meets appropriate standards, is accurate, and consistent before submission to a regulator.

Regulatory Transactions

• Prepare and/or coordinate the completion of regulatory approvals, including change in control applications, approved persons, Appointed Representatives, and associated withdrawals, while maintaining existing approvals accurately and within agreed deadlines.
• Critically assess and provide independent challenge to RMAR returns or other regulatory reports to ensure correct interpretation of reporting requirements and appropriate supporting evidence.

About you

• Excellent working knowledge of FCA rules and their application to insurance brokers and a good understanding of the EU regulatory framework
• Prior regulatory affairs experience, preferably in financial services regulation.
• Knowledge of regional regulatory environment including general insurance products, services, and classes of insurance including underlying legal principles and practices relating to risk within own role capacity desired.
• Ability to think clearly and rigorously, to draw reasoned and logical inferences from proposed regulation or legislation and use judgement to reach robust and practical conclusions.
• Excellent communicator (oral and written) with strong research and analytical skills, able to disseminate complex information clearly and concisely to a variety of audiences.
• Ability to build positive relationships, establish credibility and to engage and influence stakeholders at all levels.
• High degree of self-awareness and self-management.
• Eligibility to work in the UK

Compensation and benefits

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [e-mail] . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.