Senior Associate – Banking and Insurance Department

Requirements of the role

The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.

Join our supportive Insurance Authorisations Team as a Senior Associate, where you’ll contribute to meaningful regulatory decisions across the UK insurance sector. This role offers variety and purpose, with opportunities to assess applications from life, general, and Lloyd’s market firms – both solo and dual-regulated.

The team works with colleagues across supervision, policy, legal, and risk teams, building trusted relationships and evaluating a wide range of regulatory applications, including new firm authorisations, variations of permission, Part VII transfers, and pre-application requests. Your insights will help shape the future of insurance regulation in the UK.

It is an exciting time for the team as we continually adapt to new and varied insurance business models, the increasing use of digital channels with new and innovative customer offerings whilst simultaneously contributing to growth in the market as a smarter and more efficient regulator.

This role offers variety, purpose and the chance to grow in a team that values diverse perspectives and shared success.

What will you be doing? 

• Lead your own portfolio of cases, applying sound judgement and working with firms to address risks and support positive outcomes for consumers
• Shape gateway strategies for new insurers and intermediaries, contributing to fair, risk-aware authorisation decisions
• Assess applications with care, identifying potential harms and evaluating governance and controls to inform timely, balanced recommendations
• Apply your understanding of insurance markets—including life, general and Lloyd’s—to navigate emerging trends and their impact on regulatory decisions
• Foster strong, respectful relationships across the FCA and PRA, working together to deliver joined-up, meaningful outcomes
• Contribute to wider projects and communicate clearly with senior stakeholders, offering insight and support—even when conversations are challenging

View on member website