Senior Insurance Supervisor

• Act as senior technical point of contact, providing insurance subject matter expertise and supporting strategic regulatory objectives and decision making.
• Identify, assess and escalate new and emerging areas of regulatory risk including advising on appropriate supervisory action to mitigate such risks.
• Provide technical insurance support to the insurance supervisory teams in relation to supervision of the insurance sector including risk assessments, inspections, thematic reviews, new authorisations, changes in control, business meetings, group supervision, participation at supervisory colleges, and transfers of business.
• Monitor developments in international insurance standards and other jurisdictions and lead or advise on updates to the insurance frameworks including guidance, supervisory methodologies and prudential standards, in line with international best practice.
• Provide training and mentorship for insurance supervision staff.
• Support strategic supervisory planning, initiatives and priority projects as required.
• Provide effective leadership and business management.
• Participate in cross Authority initiatives and working groups.
• Lead on or provide technical support on external assessment of the Authority by international standard setters and oversight bodies.
• Liaise as appropriate with other departments, other regulators and other organisations, including bodies outside of the Isle of Man.
• Represent the Authority at local industry associations and international fora where required.
• Carry out such other duties as may be delegated, these may involve matters outside of the parameters set out above from time to time.

• Evidence of Continual Professional Development.
• Extensive relevant industry experience in an operational, actuarial, compliance, insurance, risk, regulatory or audit/ accounting role.
• Proven experience in a leadership/management role.
• Extensive working knowledge of the Insurance sector and associated legislation, regulation and guidance including understanding of the broader finance industry including trends and developments.
• Strong coaching and leadership skills including the ability to manage through people to deliver the Divisional and Authority's objectives.
• Proven ability to build and maintain working relationships with stakeholders at all levels including the ability to influence and negotiate.
• Strong analytical skills, ability to quickly and accurately assimilate information, to consider any associated risks and to summarise the information effectively.
• Ability to work under pressure to manage competing priorities and to deliver against deadlines.
• Ability to prepare, lead and conduct meetings with senior stakeholders both internally and externally including dealing with difficult/contentious issues and having the ability to challenge on these.
• Subject matter expertise in relation to risk and risk frameworks, including the ability to identify, evaluate, rate, manage and mitigate risks and the ongoing monitoring and review of risks.
• Demonstrates highly effective interpersonal, verbal and written communication skills.
• Ability to work on their own initiative as well as part of a team.

Your specialist: Sally Fenton

Quote job ref: 16524

Hi, I'm Sally and this is one of the job roles I am looking after for this super business. If this job is of interest for you, please submit your CV and we will come back to you to arrange the next staging.

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