Senior Advisor (Insurance)

Role: Senior Advisor (Insurance)

Location: London (40% on site)

IR35: Inside

Rate: £#####/day (Umbrella) MAX

Duration: 24 Months (part time role – 3 days per week)

Security Clearance: SC (Must be eligible for SC clearance)

Minimum requirement:

• In-depth technical insurance knowledge
• Strong knowledge of the UK Insurance market
• Senior Level advisory experience
• DEO/CFO/CRO Experience

Specific Role requirements

• My client is seeking to appoint a Senior Advisor with experience of operating at senior levels within the London Market and general insurance sectors, for example through previous senior management roles in insurance firms or equivalent roles in relevant advisory firms.
• Drawing on their own networks and experience, the Senior Advisor will support policy and supervision colleagues across the organisation, providing independent advice and challenge to help the organisation assess topics that impact the insurance industry and the wider financial system, and to help supervisors pursue key issues in their supervision of individual firms.
• The role of the senior adviser includes providing advice and guidance to executives on key challenges which firms are facing, working closely with colleagues who are developing policy, or advising supervisors on insurance matters, especially those in the non-life sector. It includes contributing to the s assessment and response to sector-wide risks, and working with supervisors on high-profile individual firm supervision priorities. Senior advisors also participate in interview panels for prospective senior managers and provide independent challenge on decision-making panels.
• The Senior Advisor will be expected to build and maintain key external relationships, including relevant stakeholders in industry and other relevant organisations, to help inform the organisation work on both known and emerging risks.
• The successful applicant will have the ability to:
• Advise, support, and challenge staff in their supervision of individual firms, the wider insurance market, and the UK financial system as a whole.
• Digest and synthesise information quickly, think critically to reach reasoned and robust conclusions, and communicate effectively.
• Be independent-minded and contribute constructively to well-informed debate on how to advance the objectives and the mission.
• Influence strategies to deliver the primary and secondary objectives by advising the senior decision-making bodies and developing good working relationships and practices across the organisation to support sensitive and complex projects.
• Work collaboratively with a range of staff including those at the start of their career through to senior management, to support the organisation in achieving good supervisory outcomes.
• Handle highly confidential and commercially sensitive information appropriately.

Essential criteria:

• Experience of general insurance topics and the London Market, gained by operating strategically at senior executive and/or board level, and with a broad understanding of relevant market practices in the insurance sector (for example, underwriting, claims, reserving, reinsurance, governance and risk management).
• An understanding of the organisations objectives, and its regulatory and supervisory approach, and a commitment to helping the organisation achieve its statutory objectives.
• Familiarity with the concepts and frameworks relating to prudential supervision and risk management in the insurance sector.

Desirable Criteria

• Experience at board level in executive or non-executive leadership roles in the regulated firms or other equivalent roles.
• An ability to provide practical insights, ideas, and solutions to complex issues.

Security Clearance: SC

To apply for this role please submit your latest CV or contact Aspect Resources on (phone number removed)