Job Description:
Job information
Assistant Private Secretary, Insurance Supervision from the Company
Bank of England, this latest
Assistant Private Secretary, Insurance Supervision job vacancy is located in the city
London located in the country
United Kingdom . This latest job opening is open to job seekers who have the latest education / graduate
GCSE . Job Vacancies in this
Assistant field have been opened and published up to the specified time.
Job Responsibility:
Department Overview
We are a friendly and dynamic office made up of seven individuals, working with and supporting the Executive Director, Director and Insurance SMT on wide-ranging issues impacting the prudential supervision of insurers and life in the Directorate. This role would suit a hard-working individual who is keen to develop a career in supervision and raise their profile amongst senior management, both in Insurance and across the PRA / wider Bank. You will also engage with contacts at HM Treasury, other central banks and regulators, industry bodies, and C-suite executives. You will build relationships both internally and externally, and gain experience in producing directorate-wide communications.
Job description
- The Assistant PS will be expected to build a broad range of supervisory knowledge, analytical skills and understanding of the PRA's approach and priorities.
- You will support the Executive Director and Private Secretary across a broad range of issues. With time and with support from the Private Secretary, the Assistant PS will be expected to be able to give advice, delegate work and represent the Executive Director as appropriate.
- This role would suit an hard-working individual who is keen to develop a career in supervision and raise their profile among senior management, both in Insurance and across the PRA / wider Bank.
Specific responsibilities will be discussed with the successful candidate but will involve:
- Helping to run an active Private Office and deal with the wide range of issues that arise, supporting the Private Secretary and/or ED on key judgements;
- Responsibility for individual pieces of work as delegated by the ED and/or Private Secretary, and co-ordinating delivery of key pieces of work across the Directorate;
- Ensuring that key issues are raised to ED and/or cascaded to the wider Directorate in a clear and timely manner;
- Coordinating and drafting briefings for the ED and other private offices;
- Maintaining a clear understanding of the forward agenda and anticipating future briefings which will be required by the ED;
- Maintaining clear and accurate records of meetings attended alongside the ED;
- Maintaining a clear, up to date and easily accessible library of briefings which can be utilised at short notice by senior management
- Preparing the ED for internal and external meetings and speaking events, contributing to the drafting of speaking remarks and presentations;
- Coordinating the directorate's input and interaction with key committees, including the Prudential Regulation Committee (PRC) ensuring high quality and consistency;
- Communicating with a wide variety of colleagues, including the Governor's office, DGPR office, other ED offices, COOs, and wider Bank staff to ensure that the Directorate is fully engaged with other parts of the Bank;
- Helping to develop and implement the Insurance Directorate strategy and priorities;
- Owning the Directorate's internal communications strategy, coordinating a varied and inclusive range of items at weekly stand-ups and supporting the PS in preparing quarterly townhalls and other events hosted by the Directorate.
Monitoring a very busy office inbox highlighting items to the ED / PS which may need attention
Role Requirements Minimum (Essential) Criteria
- Interest in the work of the PRA and Bank of England.
- Ability to remain calm under pressure, exercise judgement, prioritise effectively and make recommendations.
- Interpersonal skills - able to build and maintain a strong network of relationships with senior management and staff across the Bank.
- Self-starter, confident and comfortable working on your own initiative.
- Organisation and planning skills, including forming links with information that you have previously seen.
- Strong written and verbal communications skills.
- Able to collaborate with the team to respond to urgent matters.
Desirable Criteria
- Understanding of the PRA supervisory approach and governance structures.
- Knowledge of the insurance industry or regulatory environment.
- Supervisory experience.
Our Approach to Inclusion The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve. At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it's by drawing on different perspectives and experiences that we'll continue to make the best decisions for the public. We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed. For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders. Finally, we're proud to be a member of the Disability Confident Scheme . If you wish to apply under this scheme, you should check the box in the ‘Candidate Personal Information' under the ‘Disability Confident Scheme' section of the application.
Salary and Benefits Information We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate. This role offers a salary of circa £40,000 - 45,000. In addition, we also offer a comprehensive benefits package as detailed below:
- A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
- A discretionary performance award based on a current award pool.
- A 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
- 26 days' annual leave with option to buy up to 12 additional days through flexible benefits.
- Private medical insurance and income protection.
National Security Vetting Process Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided to the successful applicant, and information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice .
The Application Process Important: Please ensure that you complete the ‘work history' section and answer ALL the application questions fully. All candidate applications are anonymised to ensure that our hiring managers will not be able to see your personal information, including your CV, when reviewing your application details at the screening stage. It's therefore really important that you fill out the work history and application form questions, as your answers will form a critical part of the initial selection process.
The assessment process will comprise of two interview stages, including competency and scenario questions. This role closes on 30 August 2024. Please apply online, ensuring that you complete your work history and answer ALL the application questions fully and in detail as your application will not be considered if all mandatory questions are not fully completed.
Keywords : London jobs
Closed Date : 2025-02-19