Protecting the nation’s insurance assets is a vital job – and you can help us do it. Through the Prudential Regulation Authority, we provide prudential supervision to over 500 insurers, helping them to identify and mitigate potential risks.
The challenge
You’ll take the lead on prudential risk assessment and mitigation, supervising insurance firms and influencing them at senior levels to bring about effective outcomes. The role involves analysing a wide range of financial data, including information on solvency, management, governance, operations and market position. It will also mean taking big and sometimes difficult decisions to ensure policyholders are protected.
The requirements
For this role, the right skillset is more important than the right background. You must have strong analytical and problem-solving skills, combined with the ability to process, interpret and challenge large amounts of complex data. The ability to effectively communicate your findings is also vital. Excellent written and verbal communication skills are essential. Professional work experience is a must, because you’ll need the confidence and credibility to influence at a senior level. Insurance experience, however, is not essential. In fact, our current team includes people from diverse backgrounds such as science, government, civil service and the military.
The opportunity
If you want to see the impact of the Bank of England’s work, just look around you. As the central bank of the United Kingdom, we ensure monetary and financial stability for the UK’s economy. This means that the decisions we make shape life for everyone in the UK, so it makes sense that our talented team reflects every sector of society. Working in this diverse environment, you’ll get the training and support to make the progress that matters the most to you.