Policy Adviser

**Details**:
**Reference number**:

- 441256

**Salary**:

- £43,090 - £46,500
- A Civil Service Pension with an employer contribution of 28.97%

GBP

**Job grade**:

- Senior Executive Officer

** Contract type**:

- Permanent

** Business area**:

- HMT - Financial Services

** Type of role**:

- Policy

** Working pattern**:

- Flexible working, Full-time, Part-time

** Number of jobs available**:

- 1

**Contents**:

- Location
- About the job
- Benefits
- Things you need to know

** Location**:

- This post is based in Darlington (Feethams House). This role cannot be worked from any other HM Treasury office.

** About the job**:
** Job summary**:

- If you’re interested in making a difference to people’s lives, the Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK. Working at the heart of government, we collaborate across government to promote responsible public spending and drive strong and sustainable economic growth.
- Our work ranges from protecting customers through the regulation of the financial sector, helping to reduce carbon emissions and creating a greener economy, to promoting British trade around the world and supporting people across the country on jobs, growth and more.
- We are part of the Darlington Economic Campus, a pioneering new cross-government hub which brings people together to play an active role in the most important issues of the day whilst working closer to the communities we serve. The campus provides the opportunity for people from all over the UK to help shape the future of the country, and our flexible working practices ensure you can collaborate effectively with our partners. It’s central government, made more accessible to you

** Job description**:

- **Financial Services Group**

The Financial Services (FS) Group advises the government on how to promote a stable and efficient financial services sector, to deliver excellent outcomes for consumers and business, enhance the UK’s position as a global hub for financial services and support economic growth across the country.

The financial services sector is important to the UK economy - providing significant numbers of jobs and making a large contribution to the UK’s economic output. It also provides essential services to individuals - for example, helping them to purchase goods with ease, buy their first home, and plan for their retirement. During the COVID pandemic, it played a critical role in supporting individuals and businesses - for example, in providing payment holidays for individuals and businesses affected by the pandemic and working with the government to deliver Bounce Back Loans.

We ensure that financial services businesses such as banks, investment firms, financial advisors and insurers are well-regulated. Ensuring firms treat customers fairly, customers have access to a range of financial services as a result of competition in the market, and there are appropriate remedies in place when things go wrong.

We work on a significant international agenda which includes promoting openness and trading links between the UK and countries all around the world, including through Free Trade Agreements and other international dialogues and negotiations. To do this we work closely with colleagues in offices overseas from the Foreign Commonwealth & Development Office and the Department for International Trade.

Working with stakeholders is key in Financial Services - for example, we work closely with the independent regulators to help them fulfil their roles, consult consumer groups on issues affecting them, and work with the sector on wider issues like the net-zero agenda.
- **About the Teams**
- We are recruiting to fill four post: two in the Insurance and Pension Markets Team (in the Insurance Market Strategy Branch and the Defined Contribution Pensions Branch), one in the Banking and Credit team and one in the Personal Finance and Funds Team (in the Asset Management Unit).
- **Insurance and Pensions Markets (2x roles)**
- The Insurance and Pensions Markets team leads on HM Treasury’s work to ensure competitive, functioning and well-regulated markets that are delivering for consumers and are helping deliver growth.
- The Market Growth and Systemic Risks branch of the IPM team leads work on domestic insurance markets. This includes policies relating to the growth of UK insurance markets, the Treasury's position on catastrophic insurance risks (such as terrorism and cyber insurance), and on novel insurance issues. The team engages regularly with the financial regulators, the Prudential Regulation Authority and Financial Conduct Authority, and with the insurance sector.
- The Pensions branch of the IPM team leads work on policy towards the defined contribution pensions system. The branch’s responsibilities include: delivery of reforms to the workplace defined contributions sector as set out in the Pensions Investment Review, taking the Pensions Schemes Bill th