Senior Manager - Insurance - Risk & Regulatory Advisory

The Opportunity

We are seeking a Regulatory Senior Manager. This role is based within EY UK’s Insurance Risk & Regulation Team. The team’s objective is to be market-leading in supporting delivery of the CRO and CCO agenda.

The Insurance Risk & Regulation Team aims to offer both breadth and depth across compliance and risk management initiatives, ranging from providing advice on specific elements of conduct and risk management frameworks through to delivering full risk and compliance transformation programmes for clients in collaboration with multiple EY teams.

As a Regulatory Senior Manager, typical engagements you can expect to be involved in include:

• Supporting insurers to navigate regulatory change


• Working alongside insurers’ compliance functions as they respond to regulatory intervention, including firm-specific feedback and market-wide thematic reviews


• Supporting new regulatory applications, such as new syndicates, new MGAs, changes in control, and new or amended SMF applications


• Supporting or executing reviews of compliance frameworks


• Reviewing and enhancing firms’ governance arrangements


• Facilitating improved first-line understanding and ownership of regulatory risks and associated controls

The successful candidate will be expected to:

• Amplify EY’s brand in the market through the delivery of high-quality work to London Market firms


• Provide practical advice to clients on the implications of PRA, FCA and Lloyd’s regulation for London Market firms


• Lead the delivery of engagements through the clear articulation of EY findings, conclusions and recommendations


• Take responsibility for engagement planning and day-to-day management, including oversight of other team members


• Develop client relationships and identify additional opportunities for EY to provide advisory services


• Support, mentor and develop less experienced colleagues in line with EY’s performance management framework


• Work collaboratively across teams, drawing on senior colleagues where needed

Skills and attributes for success

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

• Significant experience working within an insurer’s regulatory risk or compliance team or significant experience delivering these services for another consulting firm


• Significant practical experience in the design, development, implementation and maintenance of compliance frameworks


• Experience of managing and developing people


• Strong academic background


• Exceptional communication, presentation and business writing skills, including the ability to liaise with both technical and business contacts at client organisations


• Ability to engage with senior stakeholders and manage large cross-functional projects

What we look for 

We are looking for people who are passionate about accelerating their careers in the insurance sector and who want to help transform the financial services industry. If you have relevant experience and a passion for driving change in the insurance industry, this role is for you.

If you think you can meet the challenges of a focused consulting organisation and understand how to grow and lead multi-skilled teams, we look forward to hearing from you.

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.