Manager - Life Insurance

Isle of Man
Permanent
Our client seeks a Manager - Life Insurance to join their Prudential Supervision team.
 
Key Responsibilities:  
  • Responsible for the delivery of the Supervisory Methodology centred on risk-based supervision, including all supervisory activity and engagement associated with a portfolio of life insurers, ensuring that systems and procedures are correctly followed and utilised.
  • Responsible for evaluating proposals for new licences and changes to existing licences.
  • Participate in the processes and functions supporting Prudential Supervision.
  • Develop and maintain internal systems, procedures and controls.
  • Implement plans to achieve the Prudential Supervision Division's objectives.
  • Prepare / update risk assessments for a portfolio of life insurers in Prudential Supervision.
  • Identify and assess potential risk trends and supervisory themes.
  • Lead and / or assist in the undertaking of stakeholder engagement, both internally and externally.
  • Lead and / or participate in supervisory inspections and sector based thematic review work.
  • Develop and maintain effective relationships with various sectors and where applicable individual entities, other agencies, relevant industry bodies and government agencies.
  • Ensure that public enquiries are dealt with timely and efficiently in a courteous and constructive manner.
  • Produce, and otherwise assist with the production of, papers and reports on supervisory matters and periodic reports to, Senior Management, the Executive and the Board.
  • Work on ad-hoc projects and duties as identified or delegated, these may involve matters outside of the parameters set out above from time to time.
 
Key Skills and Experience:
  • To hold or be willing to work towards a relevant professional qualification.
  • Extensive relevant industry experience in an operational, actuarial, compliance, assurance, risk or audit role.
  • Proven experience working for a regulator, ideally in a supervisory type role would be desirable.
  • A well-developed working knowledge of Life Insurance and associated legislation, regulation and guidance.
  • Proven ability to build and maintain working relationships with both internal and external stakeholders at all levels including the ability to influence and negotiate.
  • Demonstrates effective interpersonal, verbal and written communication skills.
  • Experienced user of Microsoft Office suite.
  • Ability to work on their own initiative as well as part of a team.
  • Ability to prepare, lead and conduct meetings with senior stakeholders both internally and externally.
Your specialist: Debbie Amankwa
Quote job ref: 16573

Hi, I'm Debbie and I look forward to receiving your submission for this fantastic opportunity with this business.

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