Manager, Insurance Risk & Regulatory Advisory

Ernst & Young Advisory Services Sdn Bhd; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Manager for their Insurance Risk & Regulatory Advisory Team in London. This role involves leading engagements to enhance risk management practices for clients in the insurance sector. You will be instrumental in designing governance arrangements and compliance frameworks while mentoring junior staff. The firm offers a competitive remuneration package and a supportive environment for career development. If you are passionate about transforming the financial services industry and have a background in risk and compliance, this role is an exciting opportunity to advance your career.

Benefits

Flexible working

Career development support

Health and well-being benefits

Insurance coverage

Savings plans

Discounts and promotions

Qualifications

• Experience in Risk & Compliance roles within insurance or advisory firms.
• Knowledge of Risk Management Frameworks and regulatory environments.

Responsibilities

• Design and review governance arrangements and control frameworks.
• Lead small teams in insurance engagements and mentor staff.
• Support bids and proposals for new client opportunities.

Skills

Stakeholder management

Communication skills

Ability to prioritize

Network building

Report writing

Proactive attitude

Education

Strong academic background

Job description

Manager, Insurance Risk & Regulatory Advisory

Location: London

Date: 25 Feb 2025

Requisition ID: 1553641

EY's Financial Services practice is a unique industry-focused business unit that provides a broad range of integrated services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers, insurance and energy trading companies.

EY UK’s Insurance Risk & Regulation Team combined with the EY UK Actuarial Team is the largest in EMEIA and have a market leading position in Risk Management services, working across the insurance market on a broad range of engagements with a diverse portfolio of clients.

The Insurance Risk & Regulation Team focuses on delivering sustainable benefits to our clients through enhancing business decisions based on improved and effective risk management.

The opportunity

Our objective is to be market leading in supporting the delivery of the CRO and CCO’s agenda. Accordingly, the Insurance Risk & Regulation Team look to offer both breadth and depth in all Regulatory / Compliance and Risk Management initiatives.

Your key responsibilities

As a Manager within the Insurance Risk & Regulation Team, typical engagements you can expect to be involved in include designing or reviewing the following:

For Risk focused role holders:

• Governance arrangements
• Control frameworks

For regulatory focused role holders:

• Compliance Target Operating Model
• Compliance Monitoring
• Conduct frameworks
• Control frameworks
• Governance arrangements
• MI & Reporting

You will:

• Contribute to the articulation of EY findings, conclusions and recommendations in writing or verbally
• Support the analysis of emerging issues, the articulation of an EY point of view and the development of an EY proposition
• Be responsible for engagement planning, management, and leading small teams in insurance engagements
• Work effectively as a team member sharing responsibility, providing support and updating senior members on progress
• Mentor staff and conduct performance reviews and contribute to performance feedback for staff
• Support bids and proposals for new client opportunities and grow existing valued relationships

Skills and attributes for success

• Excellent stakeholder management and communication skills
• Ability to prioritise and challenge
• Strong academic background
• Ability to build networks and relationships
• Strong written and verbal communication skills for report writing and client presentations
• Proactive attitude.

To qualify for the role you must have

• Experience of working within a General and/or Life Insurer’s Risk & Compliance Team OR experience of delivering Risk & Regulatory services for another Advisory firm
• Knowledge and experience of Risk Management Frameworks in Insurers
• Up to date knowledge of the regulatory environment impacting Insurers

What we look for

We are looking for people passionate about accelerating their careers in Insurance and who want to help transform the financial services industry. If you have relevant experience in advisory roles, a passion for enacting change in the Insurance industry, combined with the drive to help businesses achieve their potential, this role is for you.

What we offer

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world.