As a senior associate you will play a key role in crafting the UK’s approach to the regulation of insurance groups and branches.
It is an opportunity to gain experience in policy development and complex stakeholder management. Typical work could include policy papers for consideration by senior committees and publications explaining our policy to industry.
You will support and influence how the PRA supervises insurance groups and branches, conducting training for supervisors and providing advice on queries.
These could cover issues such as the scope of group supervision or assessments of the availability of capital within a group.
You will also help identify new areas where policy work is needed (horizon scanning). We may also ask you to deputise for the team's senior manager where needed.
When developing policy positions, you will need to collaborate closely with colleagues from across Insurance Supervision, Authorisations, Prudential Policy, International Directorate and the Legal Directorate.
This will involve building consensus and helping ensure that the policy approach for insurers is consistent with other sectors.
You will have to be sensitive to the interests of other authorities, including HM Treasury and the Financial Conduct Authority and handle these relationships effectively.