Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
The is a senior leadership role within the Market Oversight Division, to lead, oversee and drive the effective and efficient delivery of Principles Based Oversight (PBO). Overseeing team performance and growth, and represent Oversight on the Misconduct Evaluation Group, working closely with colleagues from Legal and Culture to ensure an appropriate response to cases of potential misconduct
Key Accountabilities:
- To lead and oversee the effective and efficient delivery of PBO by the market-facing oversight delivery teams within Market Oversight & Delivery (MOD), ensuring that resources are allocated in line with business needs and the evolving risk profile of the market. This role involves strategic planning, risk assessment and continuous monitoring to support MOD objectives.
- To provide leadership and work in conjunction with the Head of Oversight Framework & Market Supervision in the continued evolution of Principles Based Oversight, working closely with all oversight areas of the Corporation, including to develop and implement the Market Oversight Plan.
- To be responsible for the design and execution of a framework that delivers operational excellence across Oversight Delivery ensuring that effective processes, tools, communication, technology and behaviours are in place to enable the delivery of oversight activities in line with the Oversight Objectives.
- To ensure effective liaison with the PRA, FCA and other regulators, and also other key stakeholders (managing agents, members’ agents, Lloyd’s brokers and market associations) in respect of all matters relating to market oversight.
- To be responsible for the development and implementation of an oversight framework and approach for members’ agents.
- Act on behalf of the Market Oversight Director in the delivery of their functions and to deputise for them in their absence and as required.
- Demonstrate and apply strong negotiation, facilitation and listening skills to encourage collaboration, resolve issues and deliver difficult messages
- To lead the Oversight Delivery department, setting department goals and KPIs against which the teams’ performance can be assessed.
- To attract and retain the best diverse talent through a high-performance culture, best practice and inspirational leadership. Motivate and guide team members, ensuring that good quality learning tools are available for support and development and that there are clear structured development and learning plans in place.
- Through a clear understanding and appreciation of market conditions, Lloyd’s priorities or changing regulatory or commercial landscapes, continually challenge and develop / refine processes and protocols for reporting and presenting to CPG, MOG and other committees and ensure such processes and protocols are clearly documented and adhered to.
- Act as the first point of escalation for Oversight Delivery teams for any issues arising with key stakeholders.
- Prepare reports as required for the Market Oversight Director on behalf of the Oversight Delivery teams, including in respect of the performance of the Oversight Delivery teams against KPIs.
- Be a member of the Market Oversight Director’s Senior Leadership Team, actively contributing to decision making.
- To be responsible for the delivery of all internal audit or other actions allocated to Oversight Delivery.
This role is instrumental in coaching, developing and inspiring teams to deliver high performance across Market Oversight. Embedding and delivering on our values – we are brave; we are stronger together; we do the right thing
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancy
