Senior Manager, Insurance, Risk & Regulatory Advisory

EY's Financial Services practice is a unique industry-focused business unit that provides a broad range of integrated services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers, insurance and energy trading companies.

The Opportunity

EY UK’s Insurance Risk & Regulation Team works across the insurance market on a broad range of engagements with a diverse portfolio of clients, delivering consultancy services and support in risk and compliance matters.

 The Insurance Risk & Regulation Team focusses on delivers sustainable benefits to our clients though enhancing business decisions based on improved and effective risk and compliance management.

Our objective is to be market leading in supporting the delivery of the CRO and CCO’s agenda. Accordingly, the Insurance Risk Team look to offer both breadth and depth in all Compliance and Risk Management initiatives, ranging from providing advice on a specific element of the Conduct and Risk Management Frameworks in more detail, through to delivering a full Risk and Compliance Transformation programmes for the client, collaborating with multiple EY Teams.

Key Responsibilities:

 As a Risk Senior Manager, typical engagements you can expect to be involved in include designing, enhancing or reviewing:

• Risk Management Frameworks
• Governance arrangements
• Risk Appetite
• Control frameworks
• Risk MI & Reporting
• Risk Management Culture
• Risk Function Operating models
• AI Risk Management

 The successful candidate will be expected to:

• Play a significant role in the delivery of our engagements to Insurance clients through the articulation of EY findings, conclusions and recommendations in writing or verbally based on a deep understanding of regulatory requirements to the insurance market
• Take responsibility for engagement planning and management on a day to day basis
• Act as day to day lead, managing teams where required
• Own the analysis of emerging issues, the articulation of an EY point of view and the development of an EY proposition on agreed topics
• Strong written and verbal communication skills for report writing and client presentations
• Identify additional opportunities for EY to perform advisory services to their clients
• Where needed, lead the proposals process for new client opportunities
• Develop client relationships and utilise your network to identify opportunities for EY to perform additional services 
• Work effectively as a team member sharing responsibility, providing support and updating senior members on progress
• Mentor staff and conduct performance reviews and contribute to performance feedback for staff

What we look for 

We are looking for people passionate about accelerating their careers in the Insurance sector and who want to help transform the financial services industry. If you have relevant experience in advisory roles, a passion for enacting change in the insurance industry, combined with the drive to help businesses achieve their potential, this role is for you. 

 Skills and attributes for success 

• Knowledge and experience of Risk Frameworks in Insurance
• Business consulting experience, with excellent client liaison and communication skills as well as commercial awareness
• Strong project management experience ideally relating to compliance and risk projects in insurance businesses
• Ability to work in a client facing and consulting role, with the ability to build networks and relationships
• Excellent stakeholder management and communication skills
• Ability to develop new business opportunities for Insurance Regulatory & Risk to deliver

 To qualify for the role, you must have some or all of the following:

• Significant experience of working within an Insurer’s Regulatory Risk / Compliance Team OR significant experience of delivering these services for another Advisory firm
• Strong academic background
• Experience of managing and developing people

What we offer 

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings, and a wide range of discounts, offers and promotions. Plus, we offer: 

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next. 

• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way. 

• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs. 

• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs. 

If you can demonstrate that you meet the criteria above, please contact us as soon as possible. 

The exceptional EY experience. It’s yours to build. 

Apply now. 

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