Regulatory Policy Advisor - Edinburgh, United Kingdom - IFoA

IFoA

Verified Company

Edinburgh, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

_The Institute and Faculty of Actuaries (IFoA) is the UK's chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally.

The IFoA regulates and represents over 32,000 members worldwide, overseeing their actuarial education at all stages of qualification and development throughout their careers. We set examinations, continuing professional development, professional codes and disciplinary standards for our members._

We are currently recruiting a
Regulatory Policy Advisor for a Permanent contract.

Purpose of the job
This role is to support the IFoA's regulatory function by providing advice on IFoA regulatory policy matters.

Reporting to the Senior Review Actuary and working closely with the wider Regulatory Policy Team, the Regulatory Board and colleagues from across the IFoA, the role will involve supporting the work on horizon scanning and information gathering about public interest issues and risks relating to actuaries, in order to inform the IFoA's regulatory role.

This will include research and engagement with various stakeholders (internal and external) to understand existing and potential issues and presenting on them to Boards and Committees.

It will also involve supporting the IFoA's thematic review programme.

Principal Activities

To contribute to the Regulatory Board's horizonscanning work in relation to emerging regulatory and public interest risks, including maintenance of the Horizon Scanning Register and suggesting topics for discussion by the Regulatory Board
To provide input to the work of the Actuarial Monitoring Scheme (AMS) team, including research into topics and benchmarking, developing proposals and recommendations, engagement with Members and other stakeholders (internal and external) and engagement with Financial Reporting Council as the IFoA's oversight body
To provide input from a regulatory policy perspective into IFoA consultation responses, where appropriate
To develop training and educational materials and present on new initiatives or issues, as required
To engage with external stakeholders and build relationships with representatives at the right level

Essential skills, knowledge and experience

Good knowledge of financial services, particularly insurance and pensions
Sound understanding of the concept of public interest
Experience of stakeholder management and building positive relationships with stakeholders
Good interpersonal skills, able to inspire confidence in others and to motivate, influence and persuade
Strong organisational and time management skills
Strong communicator, both written and spoken
Strong attention to detail and accuracy
Selfstarter able to work on own initiative and to tight deadlines
Creative thinker and problem solver.
The IFoA offers colleagues meaningful careers to work in partnership with our members to help address some of society's biggest challenges._
The IFoA is an ethical, inclusive organisation where colleague wellbeing is a priority. Our people are supported to achieve their potential through a mixture of challenging work, opportunities for role

- and project-based growth and formal training and development. Their value is evident to them through competitive salaries and a generous reward package in addition to outcomes-focused assessment and the ability to work flexibly._