We are currently seeking a Senior Manager (Life Assurance) for our Douglas-based Client, a leader in fiduciary services, fund administration, and management and investment advice compliance. The primary responsibilities of the Senior Manager are, in conjunction with the Head of Prudential Supervision, to lead the supervision of the life insurance sector, encompassing both prudential and conduct supervision. The role also involves external stakeholder engagement as well as contributing to the maintenance and development of the Island's regulatory framework in line with international standards. Wider duties will include: * Undertake effective leadership of the life insurance supervision team, ensuring effective use of resources for the completion of agreed deliverables * Develop, oversee, and deliver supervisory plans by insurer and theme, taking into account the organisation's Supervisory Methodology * Support other Divisions of the organisation as a senior manager leader * Oversight of the delivery of the Supervisory Methodology for the life insurance sector, including all supervisory activity and engagement (including conducting a range of thematic work, inspections and business meetings) * Review and / or prepare supervisory risk assessments for the life insurer portfolio at firm and sector level * Identify and assess potential risk trends and supervisory themes * Management and delivery of difficult issues with insurers * Oversight of the assessment of all relevant proposals for authorisation and registration under the relevant insurance legislation * Ensure appropriate consideration is given to all relevant statutory and quarterly returns and other information submitted under the relevant insurance legislation and taking appropriate action within agreed parameters * Oversight of on-site inspections including, preparation, carrying on and drafting reports * Contribute actively to strategy setting, risk horizon scanning and to a positive culture of the organisation * Embrace and support a risk based approach across the organisation, including ongoing triage of work efforts and resources to achieve completion of highest priorities * Be a change agent: actively support and adopt changes organisation wide and in the Division, in the continued drive for improvements and automation * Take on additional projects or tasks to support the Head of Prudential Supervision and carry out any other duties as required * Collaborate with staff across the organisation to achieve efficient and effective implementation of strategic priorities and divisional work plans * Lead by example to ensure enhancement of a high performance, inclusive and diverse culture * Support the rollout of a more focused and comprehensive performance management approach, including holding staff accountable for set targets, utilising performance improvement plans where appropriate, actively implementing and overseeing staff development and training plans * Suggest and implement the wider use of metrics/divisional plans to provide improved quantitativeKPIs to manage the Division / enterprise wide to support reporting to the Head of Prudential Supervision and other internal and external stakeholders The Ideal candidate for the role of Senior Manager will: * Hold a relevant professional qualification * Have extensive relevant insurance, or equivalent industry experience in an operational, compliance, assurance, risk, or audit role * Proven experience in a leadership/management role * Extensive working knowledge of the financial services sector and associated legislation, regulation and guidance including understanding of the broader finance industry including trends and developments * Strong people management, coaching, and leadership skills including the ability to manage through people to deliver the Divisional and organisation's objectives * Proven ability to build and maintain working relationships with both internal and external stakeholders at all levels including the ability to influence and negotiate * Strong analytical skills, ability to assimilate information quickly and accurately, to consider any associated risks and to summarise the information effectively * Ability to work under pressure, manage/oversee individual and team workloads of varied complexity, to manage competing priorities and to deliver against deadlines * Ability to prepare, lead and conduct meetings with senior stakeholders both internally and externally including dealing with difficult/contentious issues and having the ability to challenge on these * Subject matter expertise in relation to risk and risk frameworks, including the ability to identify, evaluate, rate, manage and mitigate risks and the ongoing monitoring and review of risks Desirable: * Experience of working for a financial services regulator