Job title: Lead Supervisor - Insurance
Division: Supervision, Policy and Competition (SPC)
Directorate: Insurance Supervision
Department: Market Interventions - Flexible
Salary: National (Edinburgh and Leeds) ranging from £59,000 to £73,700 & London from £65,000 to £81,000 (salary offered will be based on skills and experience)
This role is graded as: Lead Associate - Regulatory
Your recruitment contact is Shafika via [email protected]. Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.
About the FCA and team
We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.
Our SPC division oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). The Insurance Directorate supervises a wide range of regulated insurance firms, from small intermediaries to global insurers.
Role responsibilities
Lead supervision of insurance firms to proactively identify and mitigate conduct and prudential risks, ensuring market stability and protecting consumers
Mentor and manage team members by delegating tasks and supporting their growth, building a high performing team that delivers exceptional regulatory outcomes
Develop innovative supervisory strategies to tackle complex risks across firms and portfolios, strengthening industry resilience and safeguarding financial integrity
Engage with senior executives and lead strategic meetings to drive FCA priorities, influencing decision-making at the highest level for lasting market impact
Assess firm data and external intelligence to uncover risks of consumer and market harm, enabling timely interventions that uphold trust and compliance
Stay informed on sector trends and regulatory developments to anticipate emerging risks, reducing consumer harm and strengthening market confidence
Skills required
Minimum:
Proven experience of analysing complex information to assess risk in firms or markets
Prior experience in the insurance sector business models and regulatory risk
Proven line management and/or mentoring experience, with a track record of supporting junior colleagues
Essential:
Strong stakeholder engagement skills, both internal and external
Ability to summarise and present key insights clearly, both orally and in writing
Confidence in facilitating meetings with seniors, including ‘C suite’ executives and making risk-based judgements
Adaptability and a proactive approach to learning and development
Practical experience in conduct and prudential regulation
Benefits
25 days annual leave plus bank holidays
Hybrid model with up to 60% remote work
Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
Private healthcare with Bupa, income protection, and 24/7 Employee Assistance
35 hours of paid volunteering annually
A flexible benefits scheme designed around your lifestyle
For a full list of our benefits, and our recruitment process as a whole visit our benefits page.
Our values and culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.
If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support.
We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.
Disability Confident: our hiring approach
We’re proud to be a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes, we may progress applicants whose experience most closely matches the role’s key requirements.
Useful information and timeline
Job advert close: 7th December 2025
CV Review/Shortlist: 9th December 2025
First Interview: w/c 15th December 2025
Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.
What We Do
We work to ensure financial markets work well for individuals, for businesses and for the economy as a whole.
We do this by:
- regulating the conduct of approximately 50,000 businesses
- prudentially supervising 48,000 firms
- setting specific standards for around 18,000 firms
We were set up on 1 April 2013, taking over conduct and relevant prudential regulation from the Financial Services Authority (FSA).
Our Head Office is based in London, and we work across the UK, from our office in Edinburgh and via colleagues in Belfast and Cardiff.
Firms and individuals must be authorised or registered by us to carry out certain activities. Before we grant authorisation, firms must demonstrate that they meet a range of requirements. We then supervise these firms to make sure they continue to meet our standards and rules after they’re authorised. If firms and individuals fail to meet these standards, we have a range of enforcement powers we can use.
We work alongside the Prudential Regulation Authority (PRA), the prudential regulator of around 1,500 banks, building societies, credit unions, insurers and major investment firms.
