Head of GI Conduct Risk

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VN-13565

Permanent

Birmingham

Competitive

4 June 2019

We are hiring a Head of GI Conduct Risk to develop and deliver a strategy for the provision of regulatory advice to units to ensure that the implications of regulatory requirements are fully understood, and that a high standard of compliance is achieved on an ongoing basis in all business activities in line with our conduct risk appetite.

  • Develop and deliver a strategy for the provision of regulatory advice to units to ensure that the implications of regulatory requirements are fully understood, and that a high standard of compliance is achieved on an ongoing basis in all business activities in line with our conduct risk appetite.
  • Lead the approach to implementation of the Conduct Risk Framework within General Insurance to ensure that regulatory advice and effective second line challenge can be provided on relevant matters at an early stage, enabling the identification and effective management of relevant conduct risks and delivery of practical solutions to problems.
  • Maintain effective working relationships with the Insurance & General Insurance CRO teams to ensure a free flow of information and to avoid duplication or conflict in the support provided to relevant business areas.
  • Develop an approach to the timely identification of opportunities to enhance the management and oversight of relevant conduct risks, ensuring appropriate action is taken by relevant parties to deliver improvements.
  • Work with the other members of the General Insurance CRO team and the business to ensure that new products and propositions developed within the General Insurance  business are appropriate; meet the required customer outcomes and that Product Lifecycle Management requirements are met, including the delivery of a high standard of customer communications and product literature.
  • Manage the provision of support for regulatory change initiatives to enable the identification and management of new and changing conduct risks, ensuring assurance is provided that necessary changes have been embedded effectively in relevant business areas and that responses are provided to consultations that may have significant impact on the General Insurance Division.
  • Escalate any matters of significance to the Chief Risk Officer Insurance & General Insurance, Group Conduct Risk Director and business area senior management to ensure that appropriate and timely action can be taken, overseeing actions as appropriate.
  • Develop and implement strategies to broaden internal and external networks and keep up to date with regulatory requirements and industry best practice to enable the provision of effective second line advice and guidance on conduct risk matters.

 

Knowledge

  • Strong regulatory knowledge of FCA rules and practical application.
  • Strong awareness of Legal & General’s business model and strategy.
  • Good awareness of the wider business and regulatory environment and ability to understand the potential impacts of market and regulatory changes on Legal & General.
  • Sound understanding of the principles of risk management, especially in relation to regulatory and customer focused risks.

Experience

  • Wide experience of the management of conduct risks, including the design and implementation of methodologies and practices.
  • Wide experience interpreting and applying regulatory rules to practical scenarios and helping to devise compliant, commercially acceptable solutions.

Leadership

  • Experience of leading and managing individuals and teams delivering complex and technical output.

 

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 30 days' holiday, private medical insurance, performance related bonuses, discounts at both a huge range of high street stores and our own great products, as well as a 12% car allowance scheme, your hard work will be rewarded when you join us.

For more details on this role, please contact Helen Brockbank - Resourcing Lead - helen.brockbank@landg.com

About L&G

Working here is about being there for our customers; we’re available should the worst happen and we work together to enable social and financial equality across the UK. But it’s also about you –how you develop and what you can achieve. We’ll help your talent thrive in an environment where you’ll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.

About the business area

We care about our customers and are here to protect the things that matter to them – their home, their pet, their car and much more. At GI our mission is to grow our household insurance market share, diversify our range of products and drive innovative ways in which our customers can purchase and interact with us.

We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.

 

About L&G

Working here is about being there for our customers; we’re available should the worst happen and we work together to enable social and financial equality across the UK. But it’s also about you –how you develop and what you can achieve. We’ll help your talent thrive in an environment where you’ll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.

About the business area

We care about our customers and are here to protect the things that matter to them – their home, their pet, their car and much more. At GI our mission is to grow our household insurance market share, diversify our range of products and drive innovative ways in which our customers can purchase and interact with us.

We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.