Working hours: 35 hours per week, Monday to Friday

Duration: Permanent

Location: Gloucester

Job ref: 200977

About the role

Within the first line of defence, to advise the leadership UKGI leadership team on governance, legal and regulatory duties; to oversee the governance framework and lead practical action where needed.

Key responsibilities

• Provide deep subject matter expertise about the legal and regulatory universe in which UKGI operates
• Provide clear and practical explanation, advice and guidance, which takes account of regulator priorities and real life experience of regulator interactions
• Drive, manage and report on implementation progress within UKGI
• Provide assurance and reporting to the UKGI Leadership Team on compliance and conduct
• Contribute towards ensuring that all colleagues in UKGI remain sufficiently informed of their corporate and individual regulatory obligations
• Liaise closely with Group Risk and Compliance colleagues on UKGI matters to ensure mutual effectiveness
• Administer the SBU’s local adherence to Group governance framework and policy framework, advising on key design decisions and guiding the implementation approach
• Maintain the SBU’s GI Authority and Decision-Making Process ensuring alignment with Group and other linked policies
• Advise committees on escalation and oversee operation of committees for consistency (assisting with self-evaluation of effectiveness)
• Actively check adherence to the decision-making authority limits in UKGI
• Guide local interpretation and application of Group policies
• Maintain SBU policy framework ensuring alignment with Group policies
• Assist and coordinate local policy owners in maintaining and overseeing policies and adherence
• Input into control assurance including both ongoing and annual processes

Knowledge, skills and experience

• Proven experience in a role engaged in a legal and regulatory environment that involved translating rules and principles into practical advice taking in to account regulator priorities
• Willingness to lead action hands-on with colleagues as opposed to advising only
• Proven competence in general insurance in the UK
• Proven experience of influencing stakeholders at all levels
• Business writing and preparing regulatory reports
• Legal, compliance or secretarial professional qualification advantageous

What we offer

• A competitive salary - Let's discuss it
• Flexible working 
• Competitive Group Personal Pension - up to 12% employer contribution
• Annual Bonus scheme up to 30%
• 28 days annual leave plus bank holidays 
• A holiday buy and sell scheme 
• An array of health and wellbeing benefits, including private healthcare, income protection and life assurance

About us

We are a unique financial services organisation, owned by a registered charity, Benefact Trust. We are a financially secure, professional and award-winning organisation. We pride ourselves in donating a significant proportion of our profits to good causes. To find out more about us and our fantastic achievements please visit https://benefactgroup.com/

Committed to making a difference

We think that people are looking for something worthwhile in a company beyond the workplace. Our employees are encouraged to take at least one day a year to help a charity of their choice, offering practical and professional support, as part of our MyGiving programme.

Our staff know how to work hard but also how to enjoy themselves! We pride ourselves on creating an appropriate work-life balance, valuing wellbeing, flexibility and being part of a team.