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Product Governance Manager

Harnham - Data & Analytics Recruitment
Posted 7 days ago, valid for 3 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The insurance company is looking for a Product Governance Manager with a salary of up to £70,000.
  • The role requires strong product management experience and knowledge of FCA regulations, especially in the general insurance industry.
  • Key responsibilities include developing a product governance framework, ensuring consumer-centric outcomes, and maintaining compliance with regulatory standards.
  • Candidates should possess excellent communication skills and strong stakeholder management abilities.
  • Flexible working options are available, along with benefits such as a car allowance, bonus potential, and 27 days of annual leave.

PRODUCT GOVERNANCE MANAGER

UP TO £70,000

FLEXIBLE WORKING, OFFICES IN LEICESTER, LONDON, OR BEXHILL

This insurance company is seeking a Product Governance Manager to support the core insurance strategy function through management and ensuring robust governance practice.

THE COMPANY

This company offers car, multi-car, home, bike, and van insurance. They are a growing business, and are very data driven, using innovative ideas and practices.

THE ROLE

You will be doing the following daily:

  • Develop and implement a robust product governance framework encompassing new product launches, updates to existing products, annual product reviews, ongoing monitoring of KPIs to identify risks.
  • Ensure activities prioritize positive consumer outcomes and align with customer-centric principles.
  • Represent the "voice of the customer" in business projects, safeguarding regulatory compliance and the delivery of consumer-focused outcomes.
  • Oversee and coordinate updates to key customer documents through the Policy Wording Forum, ensuring policy wording accurately reflects product coverage and aligns with stakeholder expectations.
  • Fulfill SMCR (Senior Managers and Certification Regime) responsibilities, including maintaining accurate product documentation (IPIDs, Policy Documents, Schedules of Insurance), ensuring ethical sales practices, and addressing post-sales barriers.
  • Ensure accurate and relevant product disclosures are integrated within customer interactions (digital and telephone) and colleague user guides.
  • Lead assessments of new regulations, evaluate their business impact, and drive appropriate governance adaptations to maintain compliance and uphold reputation.

YOUR SKILLS AND EXPERIENCE

  • Excellent knowledge of FCA regulations, including PROD, and ICOBs.
  • Experience working in the general insurance industry.
  • Strong product management experience.
  • Strong stakeholder management skills.
  • Excellent written and verbal communication skills.
  • Strong Excel skills.

THE BENEFITS

  • Up to £70,000.
  • Car allowance.
  • Up to 10% bonus earning potential.
  • Pension match up to 10%.
  • 27 days annual leave.
  • Flexible working pattern.

HOW TO APPLY

Please register your interest by sending your CV to Gaby Adamis via the Apply link on this page.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.