Assistant Manager - Life Assurance (O912943)

Overview

We are currently seeking an Assistant Manager (Life Assurance) for our Douglas-based Client, a leader in fiduciary services, fund administration, and management and investment advice compliance.

The Assistant Manager will be responsible for the supervisory methodology as it applies to the Life industry, including working with the Senior Manager and Managers in the co-ordination of the supervisory plan, scheduling of activities and monitoring of key deliverables to assist theManagers in their supervisory engagement.

You will be:

• Assisting in evaluating proposals for new licences and changes to existing licences
• Assist in the delivery of day to day supervisory activities, including the prioritisation of activities, diary management, record management and reporting
• Assist in reviewing, documenting and evaluating regulatory returns, developing an understanding of risk as it applies to Authorised Insurers and their underlying business profiles
• Assist in the planning, organising and conducting of on-site inspections on relevant themes as determined within the supervisory plan
• Assist in the ongoing development of regulatory systems and controls, to support continuous improvement in the delivery of the organisation's objectives
• Where required, to support work on special ad hoc projects when identified
• Build and maintain effective and collborative relationships with Authorised Insurers, related parties and other regulatory agencies, industry bodies and government agencies
• Deal with public enquiries (including complaints against regulated entities) in a courteous and constructive manner and in accordance with noted procedures

The Ideal candidate for the role of Assistant Manager will:

• Hold a relevant professional qualification
• Extensive relevant industry experience in an operational, compliance, assurance, risk or audit role
• An awareness 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
• Strong analytical skills, ability to assimilate information quickly and accurately, to consider any associated risks and to summarise the information effectively

Desirable:

• Good understanding in relation to risk and riskframeworks including evaluating risks