Lead Supervisor - Insurance Supervision

Financial Conduct Authority; City Of London; Hybrid; GBP 59,000 - 74,000; Full time

Job summary

A regulatory body in the financial sector is seeking a Lead Supervisor to oversee insurance firms and manage a high-performing team. Responsibilities include risk mitigation, strategy development, and executive engagement. Ideal candidates will have a strong background in the insurance sector and excellent communication skills. This position offers a competitive salary and hybrid work options.

Benefits

25 days annual leave plus bank holidays

Hybrid model with up to 60% remote work

Non-contributory pension

Private healthcare

35 hours of paid volunteering annually

Flexible benefits scheme

Qualifications

• Proven experience in risk assessment within firms or markets.
• Experience with insurance sector business models and regulatory risk.
• Management or mentoring experience with junior colleagues.

Responsibilities

• Lead supervision of insurance firms for risk mitigation.
• Mentor team members for exceptional regulatory outcomes.
• Develop strategies to tackle complex risks.
• Engage with executive leadership in strategic meetings.
• Assess data to uncover risks to consumers.
• Stay informed on regulatory trends.

Skills

Analysing complex information

Insurance sector knowledge

Line management and mentoring

Stakeholder engagement

Oral and written communication

Risk-based judgement

Adaptability

Conduct regulation

Job description

Job title: Lead Supervisor - Insurance

Division: Supervision, Policy and Competition (SPC)

Directorate: Insurance Supervision

Department: Market Interventions - Flexible

Salary: National (Edinburgh and Leeds) ranging from £59,000 to £73,700 & London from £65,000 to £81,000 (salary offered will be based on skills and experience)

This role is graded as: Lead Associate - Regulatory

Your recruitment contact is Shafika via [e-mail]. 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.

Our SPC division oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). The Insurance Directorate supervises a wide range of regulated insurance firms, from small intermediaries to global insurers.

Role responsibilities

• Lead supervision of insurance firms to proactively identify and mitigate conduct and prudential risks, ensuring market stability and protecting consumers
• Mentor and manage team members by delegating tasks and supporting their growth, building a high performing team that delivers exceptional regulatory outcomes
• Develop innovative supervisory strategies to tackle complex risks across firms and portfolios, strengthening industry resilience and safeguarding financial integrity
• Engage with senior executives and lead strategic meetings to drive FCA priorities, influencing decision-making at the highest level for lasting market impact
• Assess firm data and external intelligence to uncover risks of consumer and market harm, enabling timely interventions that uphold trust and compliance
• Stay informed on sector trends and regulatory developments to anticipate emerging risks, reducing consumer harm and strengthening market confidence

Skills required

Minimum:

• Proven experience of analysing complex information to assess risk in firms or markets
• Prior experience in the insurance sector business models and regulatory risk
• Proven line management and/or mentoring experience, with a track record of supporting junior colleagues

Essential:

• Strong stakeholder engagement skills, both internal and external
• Ability to summarise and present key insights clearly, both orally and in writing
• Confidence in facilitating meetings with seniors, including ‘C suite’ executives and making risk‑based judgements
• Adaptability and a proactive approach to learning and development
• Practical experience in conduct and prudential regulation

Benefits

• 25 days annual leave plus bank holidays
• Hybrid model with up to 60% remote work
• 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 and 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

• Job advert close: 7th December 2025
• CV Review/Shortlist: 9th December 2025
• First Interview: w/c 15th December 2025

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.