Governance Product Consultant (Part-time, Job-share, Full-time)

We are seeking a Product Governance Consultant (first line) to ensure that our Life insurance products are designed, distributed, and managed in compliance with regulatory requirements and internal policies. The ideal candidate will have a strong understanding of the insurance industry, regulatory frameworks, and governance practices. Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren't available full-time. Please talk to us at interview about the flexibility you may need. What will you be doing?

• Hold oversight for ongoing regulatory compliance for our open to new business and closed book products with particular focus on compliance with the FCA Consumer Duty regulation
• Maintain up to date Product Governance risk profile of Open and Closed Book in collaboration with Business Areas and 2nd line
• Maintain awareness of regulatory developments and support the business in assessing impacts and improving controls where necessary to ensure that products are updated to comply with new regulations
• Review, design and implement robust internal policies, frameworks, procedures etc. to improve product governance across the business
• Prepare reports on product governance to senior management and relevant stakeholders.
• Contribute to the shaping of Board papers related to product governance; ensure papers accurately and clearly present information
• Hold oversight of the UK Life POG Action Plan; work with key stakeholders to embed good governance and ensure that they deliver their POG requirements in a timely manner
• Provide expert advice and proactive challenge on new product development, changes to existing products, and ongoing product reviews
• Build strong relationships with key stakeholders across 1st, 2nd and 3rd line business areas.
• Participate in governance committees and working groups to influence and drive governance best practices
• Participate in and provide support to UK Life Governance framework reviews, action plan tracking and general oversight of pan-Life governance activity
  
  Excellent understanding of the UK Life regulatory landscape; with a focus on the application of regulation within the Life insurance (intermediated and direct to consumer) industry
• Provide Life market specific technical advice and counsel across the business
• Proven record of building strong and constructive relationships with business leaders/senior management
• Ability to articulate sophisticated concepts simply, excellent writing skills, with a keen eye for detail
What happens next? As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You'll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we're creating a brighter future for our customers, our people, and our planet. With over 55,000 employees in more than 170 countries, you'll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry. We've made a promise to each other and every employee; to focus on sustainable impact, to care about each other's wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future. If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives, and contributions - then Zurich could be just the place for you. Be part of something great. Our Culture: At Zurich, our sense of community is strong and we're particularly passionate about diversity and inclusion, which we've won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs, or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability, or any other protected characteristic. We've an environment that places a real importance on our people's wellbeing from a physical, mental, social, and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We're also committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities. We're passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we've awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us. #LI-hybrid The financials
• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income Protection.
• Life cover - four times your salary.
Time away
• 25 days holiday a year plus bank holidays.
• You can also request to swap UK bank holidays for days off that have cultural or religious significance to you.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks' full pay for maternity, paternity and adoption leave.
Your health is important to us
• Access to Private medical insurance.
• Virtual GP appointments.
• Discounted gym membership.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.
We're making a difference
• Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the 'UN Business Ambition for 1.5 C' pledge.
• Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.