Technical Lead - Insurance Supervision (O912874)
Douglas
Compliance & Risk
Salary DOE plus excellent package
Full time / Permanent
Job description
Overview
We are currently seeking an experienced Technical Lead (Insurance Supervision) for our Douglas-based Client, a leader in fiduciary services, fund administration, and management and investment advice compliance.
The Technical Lead (Insurance Supervision) will provide technical insurance advice and support in relation to the Prudential Division and lead with technical assistance on insurance and other organisational initiatives.
Specific duties will cover the follow areas:
- 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 organisation's 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 within the organisation
- Participate in cross organisation 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 Government departments, other regulators and other organisations, including bodies outside of the Isle of Man
The Ideal candidate for the role of Technical Lead (Insurance Supervision) will have:
- Extensive relevant industry experience in an operational, actuarial, compliance, insurance, risk, regulatory or audit/ accounting role
- Proven experience in a leadership/management role
- Hold a relevent professional qualification
- 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 organisations 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
We are sorry but applications for this job have closed.