Manager, Insurance Risk & Regulatory Advisory

Ernst & Young, City of Westminster

Manager, Insurance Risk & Regulatory Advisory

Salary Not Specified

Ernst & Young, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 1 day ago, 3 Nov | Get your application in today.

Closing date: Closing date not specified

job Ref: 58ecdadd3e444ff0a38442f8b5161a99

Full Job Description

As a Manager within the Insurance Risk & Regulation Team, typical engagements you can expect to be involved in include designing or reviewing the following depending on whether you are a Regulatory or Risk focussed: For Risk focussed role holders:

  • Risk Management Frameworks
  • Governance arrangements
  • Risk Appetite
  • Control frameworks
  • Risk MI & Reporting
  • Risk Management Culture
  • Risk Function Operating models
  • AI Risk Management
  • For regulatory focussed role holders:
  • Compliance Target Operating Model
  • Compliance Monitoring
  • Conduct frameworks
  • Control frameworks
  • Governance arrangements
  • Complaint handling
  • MI & Reporting
  • Risk Management Culture
  • 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

    Excellent stakeholder management and communication skills
  • Strong project management experience
  • Ability to prioritise and challenge
  • Strong academic background
  • Ability to build networks and relationships
  • Have strong written and verbal communication skills for report writing and client presentations
  • Have a 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.

    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 focusses on delivering sustainable benefits to our clients though 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 ranging from providing advice on a specific element of the Conduct or Risk Management Frameworks in more detail, through to delivering a full Risk and Compliance Transformation programmes for the client, collaborating with multiple EY Teams.

    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. Plus, we offer:
  • Support, coaching and feedback from some of the most engaging colleagues around
  • Opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that's right for you