Manager - Retail Insurance, Fixed Firms

Salary: National up to £88,000 and London up to £90,000 per annum - salary offered will be based on skills & experience

Are you interested in joining a team that will help shape and deliver the future of Insurance at the FCA?

The Market Interventions - Fixed Firms Department supervises the UK’s largest insurance providers and brokers across the life, wholesale and retail sectors, working to ensure that these firms do not pose a risk to the FCA’s statutory objectives.

This role is to manage the team that supervises several of the large fixed general insurance firms. As a manager you will play an important role in help shaping, and be responsible for a team delivering, the strategies and supervisory work plans for these fixed firms. Through your understanding of the business environment, business models, products, and customer groups across the sectors you will be responsible for ensuring your team effectively supervises the GI firms, including influencing external senior stakeholders when required and implementing effective firm specific strategies to deal with crystallised risks.

This is a manager role that is both high profile and diverse and offers a real opportunity for the successful candidate to gain a unique insight into firms’ strategies and business models and to lead on elements of the FCA’s activity on general insurance and related risks.

What you will be doing?

What will you get from the role?

It provides an opportunity to contribute to and influence the FCAs approach to the supervision of the insurance firms at an exciting time in its development.

You will obtain a broad insight into the workings of the sector and be at the forefront of changes in the UK insurance industry. You will also work with the PRA and other international regulators on some of the key issues affecting dual regulated firms, such as mergers and acquisitions.

Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle. You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash.

Core benefits that you will receive as standard are:

The skills and experience you’ll have

Minimum

Essential

Desirable

About the FCA

The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found

The FCA's Values & Diversity

Our ambition is to cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. 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. We particularly welcome applications from women, disabled, and minority ethnic candidates, as under-represented groups

Flexible working

We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can’t promise to give you exactly what you want but we won’t judge you for asking.

Multilocation & hybrid working

As part of the FCA’s on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices. This means that as part of the application process you will be able to select your preference of which office location you would like to work from.

Useful information

Applications for this role close on at midnight on 12th June

This role is graded as Manager - Regulatory

Got a question?

If you are interested learning more about the role, please contact Chhavi Bartaria at

Please note that all applications must be submitted through our online portal before the closing date, applications sent via email will not be accepted.