Interim Product Governance Director

2 weeks ago

Greater Manchester, United Kingdom Michael Page (UK) Full time

About Our Client

Our client is a leading global provider in the insurance industry with a significant presence in Europe. They serve millions of customers worldwide and are renowned for their commitment to providing first-rate services and products. They have a large, diverse team and a strong presence in the market.

Job Description

  • Update the overall Product Governance Framework for UK and EU aligned to the businesses values and regulatory obligations including FCA Handbook and Insurance Distribution Directive.
  • Assess, recommend and work with the business to implement improvements to product related processes including product oversight and governance policy, fair value assessment, distributor oversight, and the approach to vulnerable customers;
  • Through clear capture of roles and responsibilities, improve and enhance the co-ordination and information sharing both between our different teams and with our clients and other distribution partners;
  • Support the development and improvement of procedures for product related reporting including consumer duty management information, senior management and Board reporting (including annual reports) and regulatory submissions;
  • Prepare implementation plans to embed revised policies and procedures within day to day activities
  • Determine the resources required to implement changes and make a recommendation on the future operating model for product governance in the UK and EU.

The Successful Applicant

A successful Interim Product Governance Director should have:

  • A strong academic background in Risk Management, Business, Finance, or a related field.
  • Experience of dealing with the FCA, ideally within an Insurance Industry
  • Extensive knowledge and understanding of product governance within the insurance industry.
  • Proven experience in managing and implementing product governance frameworks and controls.
  • Exceptional leadership skills with the ability to influence and engage with senior stakeholders.
  • Strong analytical skills with the ability to interpret complex regulatory requirements.

What's on Offer

  • An attractive daily rate outside of IR35,
  • 95% remote with some office requirements
  • The opportunity to influence product governance practices in a leading global insurance company.
  • A vibrant and collaborative work culture in the North-West.
  • The chance to work within a diverse and dynamic Risk & Compliance department.

We welcome all suitable candidates to seize this exciting opportunity. Don't hesitate #J-18808-Ljbffr

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