Job Description
We are currently recruiting for a Policy Director who will report directly to our Chief Compliance Officer and support the strategy to create a Centre of Excellence for regulatory affairs primarily by taking the lead on FCA policy agenda interpretation, regulatory change initiatives and related internal policy development to ensure that Gallagher can continue to meet its regulatory obligations.
This is a great opportunity for a Policy Specialist with an excellent working knowledge of FCA to join our growing Compliance team.
The role can be based anywhere in the UK.
Your role:
Regulatory Developments
- Carry out monitoring of regulatory policy updates arising from the main UK regulatory or Government institutions, which may affect Gallagher’s business operations or its customers.
- Support SMEs within the Compliance department with active policy consultation, design and implementation phases for new regulatory projects and initiatives.
- Provide input and work with key stakeholders to ensure that Gallagher’s views are represented in response to specific consultations that may affect the Group or our customers.
- Develop and sustain a high-level knowledge of key regulatory policy areas insofar as they relate to Gallagher businesses.
- Write high quality, informative and concise reports and / or briefings for use by the UK & EMEA Executive Committee, Board members and other senior leaders to facilitate effective stakeholder engagement across the Group.
Policy Development
- Ensure that a programme of mapping of key policies against FCA Handbook requirements is maintained and can be evidenced on an ongoing basis.
- Lead on and coordinate the internal and external stakeholder engagement/consultation process for reviews of key policies owned by the Compliance department including the Compliance Framework.
- Perform and/or coordinate stakeholder engagement and communications for Compliance SME review of key policies owned outside of the Compliance department.
- Work with Policy Owners and SMEs on the development and effective dissemination of policy content.
- Oversee the maintenance of a regular and proportionate review schedule for policies within the PSM (both for the UK and Nordic).
Reporting
- Coordinate an annual regulatory risk assessment (State of the Nation paper), drawing on research and analysis, to report on enterprise-wide and functional compliance performance.
- Oversee the timely submission of Board and Committee reports to Company Secretary.
- Review and edit submissions to ensure that they are high quality, concise and informative as well as consistent with previous submissions.
Your Skills, Qualifications and Experience:
- Excellent working knowledge of FCA rules and their application to insurance brokers and a good understanding of the EU regulatory framework
- Prior policy development experience in public/private sector essential, preferably in financial services regulation.
- Knowledge of regional regulatory environment including general insurance products, services, and classes of insurance including underlying legal principles and practices relating to risk within own role capacity desired.
- Ability to think clearly and rigorously, to draw reasoned and logical inferences from proposed regulation or legislation and use judgement to reach robust and practical conclusions.
- Excellent communicator (oral and written) with strong research and analytical skills, able to disseminate complex information clearly and concisely to a variety of audiences.
- Ability to build positive relationships, establish credibility and to engage and influence stakeholders at all levels.
- High degree of self-awareness and self-management.
- Eligible to work in the UK
What we offer you:
We want Gallagher to be the organisation that all our people are proud to be a part of and where everyone can call themselves one of our team. Where our culture is embracing of difference, where you can be the best and, perhaps most importantly, be yourself.
We are all different in some way. If we were all the same, and all thought the same, we would be vulnerable as a group. By welcoming and encouraging diverse opinions and backgrounds within our organisation, we will have a healthier, more innovative and ultimately more profitable business.
If this sounds like somewhere you’d like to join, we’d love to hear from you. If you require flexibility for a role you are applying for, give us a call to chat through the options.
About Us:
Gallagher is a global leader in insurance, risk management and consulting services. We help businesses grow, communities thrive and people prosper. We live a culture motivated by The Gallagher Way, our set of shared values and guiding tenets. A culture driven by our people, over 30,000 strong, serving our clients with customized solutions that will protect them and fuel their futures.
Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. Gallagher is committed to diversity of opportunity for all and is opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.
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Please Note:
Gallagher never extends an offer of employment or requests any personal identification information without having received an online application and conducted one or more in-person or video interviews. If you have received any communication referencing the offer of a job at Gallagher and you have not submitted an online application or been interviewed by a Gallagher employee, please do not assume that the offer is being sent from a legitimate Gallagher representative.