Our client provides a wide range of general insurance solutions in the UK, including business, casualty, motor, property, and travel insurance, along with life insurance and pension plans for both individual and corporate clients.
They have a mission to build a brighter future for their customers, partners, employees, and the planet by delivering products and services that make a positive difference in people’s lives. They aspire to be recognised among the most responsible companies in the world.
On behalf of this client AMS are looking for a Regulatory Business Analyst for an initial 6-month contract. This is hybrid with adhoc travel (expected once/month) to offices in London, Swindon or Whitley
Purpose of the role
This is a regulatory project within General Insurance. You will come in on the ground floor of this to assist in shaping the scope of the project and work collaboratively and consultatively in interpreting regulatory requirements into clear action items for the business.
You will own your leg of this programme E2E by collaborating with stakeholders at all levels of the business to ensure that requirements and appropriate action plans are understood and acted upon appropriately.
Firstly, a regulatory framework must be built to ensure compliance across the business. Secondly, this framework will necessitate the creation of reporting features and management information. Candidates with experience in either (or both) practices will be considered with a preference for a broad skillset across both regulatory compliance frameworks and reporting.
As a Regulatory Business Analyst, you will:
* Assist in defining project plans by analysing available information, cutting through potential ambiguity to identify clear action items for the business.
* Collaborate with colleagues and stakeholders across several workstreams simultaneously.
* Analyse existing business processes to ensure that they are fit for purpose.
* Dig into the detail of complex regulatory requirements and communicate the key points to the relevant stakeholders.
* Work with third-party suppliers to ensure business needs are being met.
* Work closely with colleagues across several functions in the business including Compliance and Audit.
* Conduct gap analysis to ensure existing policies are compliant with regulatory demands.
What we require from the candidate:
* Hands-on experience in complex regulatory projects.
* The ability to collaborate with colleagues and stakeholders across several business functions.
* Experience interpreting complex regulatory requirements, preferably within General Insurance.
* Possession of a broad toolkit of business analysis practices to enable a flexible approach informed by the desired project outcomes.
* Experience in working with third-party suppliers.
* Experience in MI and reporting, especially within the regulatory space (desirable).
Next steps
This client will only accept workers operating via an Umbrella or PAYE engagement model.
If you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course.
Our client takes pride in their culture and are deeply committed to diversity and inclusion. They encourage employees to bring their whole selves to work, reflecting the diversity of their customer base. Their diversity and inclusion initiatives aim to create an environment where everyone feels welcome, regardless of protected characteristics.
With this commitment in mind, they accept applications from everyone, regardless of background, beliefs, or culture. However, they particularly welcome applications from women, ethnic minorities, individuals with disabilities, and those who identify as LGBT+, as these groups are currently underrepresented in their organization.
AMS, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business.