Are you looking for a stretching and fast-paced role covering a diverse range of policy issues in insurance markets? If so, we'd have the role for you!
About the Team
The Insurance and Pension Markets team is a friendly and busy team, that works flexibly and collaboratively on a wide range of policy initiatives, to meet its policy goals. These are to:
- Grow the economy by enabling institutional capital to be invested productively and keeping UK insurance and pensions markets globally competitive.
- Deliver for consumers and businesses by promoting fair, effective markets that provide good value and reliable protection.
- Protect the UK's long term interests by strengthening financial stability, resilience and managing risks to the public finances.
About the Job
In this role, the key accountabilities will include:
- Emerging issues - leading our response to acute or ongoing challenges in insurance markets. This includes developing our response, often at pace, and presenting options to ministers. Recent work has included periods of crisis, including global conflicts such as Ukraine/Russia and Iran, where questions around insurance provision regularly feature.
- Financial inclusion - Working across the team to help develop our approach to financial inclusion in insurance. This includes working closely with Financial Services Group colleagues leading on the Financial Inclusion Committee and the wider financial inclusion agenda, responding to the significant Parliamentary and Ministerial focus on this agenda.
- Life and protection insurance policy - Developing knowledge and understanding of challenging life insurance policy issues (e.g. social care insurance and income protection insurance), and act as the policy lead for these areas.
- Mutuals - leading on mutual insurance, working with colleagues across Financial Services, on how to take forward policy to 'double the size of the mutuals sector'. Lead on a live Law Commission review of the Friendly Societies legislation, build the team's knowledge and expertise on this market, and consider wider mutuals issues through an insurance lens, including working with the Department for Business and Trade, and the regulators.
- Engagement - The role will involve significant engagement with other government departments, regulators and insurance sector representatives. It will involve building strong working relationships, as well as requiring the post-holder to, at times, deliver difficult messages.
- Briefing and correspondence - Producing high quality briefings for senior officials and ministers and lead on relevant areas of IPM's correspondence workload.
About You
You don't need to be a policy professional or have any specific qualifications to apply to this role. We are looking for people who have the right set of skills for the role, who demonstrate the values of our organisation, and who are motivated to come and work with us on a range of issues that are important for our financial services sector. You will be well supported by your line management and the wider team, and opportunities to learn about the financial services sector will be provided.
Some of the Benefits our people love!
- Generous Annual Leave - 25 days (rising to 30 after 5 years), plus public holidays and the King's birthday.
- Outstanding Pension Scheme - Defined Benefit pension with employer contributions of 28%
- Parental Leave Packages - Including 6 months' occupational pay for maternity/adoption, shared parental leave options.
- Flexible & Hybrid Working - Options include part-time, job-share, compressed hours, flexitime, and hybrid working (where business needs allow).
- Advance Schemes & Discounts - Rental deposit, cycle-to-work, SmartTech, season ticket loans, and access to HM Treasury's benefits portal for a wide range of discount codes.
For more information about the role and how to apply, please follow the apply link.
If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team at .