Regulatory & Government Affairs Director 12 Month Contract

AIG Insurance; Greater London; On-site; GBP 90,000 - 120,000; Full time

Job summary

A leading global insurance provider is seeking a Regulatory & Government Affairs Director for a 12-month maternity cover in Greater London. The role involves managing relationships with regulators, advising on regulatory expectations, and ensuring AIG's UK entities meet necessary standards. Ideal candidates will have extensive experience in regulatory affairs and knowledge of UK regulations, particularly from PRA or FCA. This role provides an opportunity to greatly impact the business and develop further in a supportive environment.

Benefits

Total Rewards Program

Continuous learning and development

Culture of inclusion

Qualifications

• Experience with PRA or FCA.
• Understanding of general insurance business models.
• Ability to influence senior stakeholders.

Responsibilities

• Manage regulatory relationships with the PRA & FCA.
• Provide clarity and deliver on regulatory expectations.
• Prepare leaders for regulatory meetings with briefing notes.
• Act as a spokesperson for AIG in the UK.

Skills

Extensive experience of regulatory & government affairs

Knowledge of the UK Senior Manager & Certification Regime (SMCR)

Ability to interpret financial information

Prudential regulatory knowledge

UK Conduct knowledge

Executive presence

Negotiation skills

Problem-solving skills

Job description

Join us as a Regulatory & Government Affairs Director on a 12 month maternity contract to take your career to the next level with a global market leader.

How you will create an impact

You will work closely with AIG UK and AIGs Lloyds Managing Agent Talbot Underwriting Ltd (TUL) to provide regulatory and government affairs advice respond to day to day regulatory requests and support the International Head of Regulatory & Government Affairs in managing UK regulatory and government affairs relationships.

Key Responsibilities

• Work with the Head of International Regulatory & Government Affairs to manage ongoing interaction between AIG in the UK and the PRA & the FCA
• Analyse understand and explain UK regulatory rules supervisory & policy statements guidance etc. acting as an adviser to the business on regulatory rules and matters
• Ensure all BAU regulatory interaction is managed to a high standard with requests fulfilled promptly and accurately with input from relevant stakeholders and subject matter experts
• Work with colleagues to provide clarity and deliver on regulatory expectations as outlined in Periodic Summary Letters and other regulatory requirements
• Prepare senior leaders for regulatory meetings drafting accurate well written and clear briefing notes and highlighting key areas of focus and issues to be aware of
• Support business lines / functions to ensure that AIGs UK entities deliver high quality and co-ordinated regulatory interactions
• Manage the administration of AIG UKs entities Senior Manager Regime requirements (advice approvals documentation etc.)
• Advise AIGs UK businesses on UK regulatory issues (clarifying regulatory expectations new initiatives regulatory changes regulatory trends etc.) which may impact AIGs UK operations
• Draft or Edit regulatory update materials for Board Executive Committees Senior Leaders etc.
• Work with key stakeholders to deliver regulatory driven projects as needed
• Act as a spokesperson for AIG in the UK with the relevant regulatory supervision teams
• Horizon scanning identification & analysis of regulatory change engaging with subject matter experts to determine applicability and action required
• Support the International Head of Regulatory & Government Affairs on UK Government Affairs and International Regulatory and Government Affairs as needed

What You’ll need to succeed

• Extensive experience of regulatory & government affairs include experience with PRA or FCA
• Knowledge of and experience in the UK Senior Manager & Certification Regime (SMCR)
• Knowledge of the PRA & FCA handbooks & ideally knowledge of Lloyds regulatory expectations
• Understanding of general insurance business models and relevant terminology
• Ability to read a P&L / balance sheet and interpret high level financial information
• Prudential regulatory knowledge and experience ideally including experience supporting regulatory engagement of Internal Models / Major Model Change applications
• UK Conduct knowledge e.g. knowledge of Fair Value Pricing Practices Consumer Duty
• Should possess the following attributes : gravitas and executive presence ability to influence senior stakeholders agile learn it all mindset business acumen negotiation and organizational agility presentation and problem-solving skills and sound judgment

#LI-AIG

Enjoy benefits that take care of what matters

At AIG our people are our greatest asset. We know how important it is to protect and invest in whats most important to you. That is why we created our Total Rewards Program a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health wellbeing and financial securityas well as your professional developmentto bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most far-reaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG you can go further to support individuals businesses and communities helping them to manage risk respond to times of uncertainty and discover new potential. We invest in our largest asset our people through continuous learning and development in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

Were committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race color religion age gender gender expression national origin veteran status disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation please send an email to .

Functional Area: TH - Other

AIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd

Required Experience : Director

Key Skills

• Proofreading
• Adobe Acrobat
• FDA Regulations
• Manufacturing & Controls
• Biotechnology
• Clinical Trials
• Research & Development
• GLP
• cGMP
• Product Development
• Chemistry
• Writing Skills

Employment Type: Full-Time

Experience: years

Vacancy: 1