One of our Insurance clients is looking for Governance and Compliance specialists able to evaluate a range of products in line with the latest Fair Pricing Rules released by the FCA.
Huntswood provide specialist consultancy services across regulated industries including Banks and Insurers. One of our Insurance clients is looking for Governance and Compliance specialists able to evaluate a range of products in line with the latest Fair Pricing Rules released by the FCA.
We are now looking for consultants with experience of working with Governance and Oversight frameworks to undertake product reviews specified products within an agreed framework.
Reporting to the Head of Propositions:
- To undertake a product review by researching, evaluating quantitative and qualitative data and information drawn from across the business, 3rd party providers or distributors, the wider market and the regulator.
- Conduct product reviews to be completed in line with company Product Governance and Oversight Framework.
- Make recommendations based on the evaluation of the data and information, a review rating for the product and a Fair Value assessment.
- Propose actions to address identified actual or potential customer harm arising from the product, its performance, its features and benefits, its distribution and the services provided to customers.
- Engage with key business areas to syndicate the report and taking account of their feedback to reach agreement on the report’s proposed final version.
- To lead or contribute to the oversight, planning and delivery of agreed review recommendations.
- Develop and maintain key stakeholder relationships with all key business area contacts, across multiple Divisions, to drive an effective collaborative delivery of the required Product Reviews within the required timescales.
- Contribute to the business’ evaluation and development of the efficiency and effectiveness of its Product Review process, including for example, its collection of data, working with 3rd parties and the content of its templated reports.
Please send your CV for immediate review and consideration. Please note contract offered inside IR35 via umbrella.