Distribution Assurance Consultant
Description
Are you an expert in distribution risks and underwriting practices with good knowledge of testing and assurance methodology and practices? We're recruiting for a Distribution Assurance Consultant in our Risk Assurance team in AXA Commercial. Reporting to our Distribution Assurance Manager, you'll deliver assurance activity to help inform potential risk exposure AXA Commercial may have as a result of the underwriting and distribution strategies, frameworks and processes in operation within the business. The scope of the work will span all distribution channels within AXA Commercial. It'll also include third party firms where we have delegated authorities in place with them to discharge key activity on behalf of AXA Commercial.
At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) towards the end of 2025. Away from home means either attendance at one of our office locations, visiting clients or attending industry events.
What you'll be doing:
• Carry out assurance monitoring activity both on and off site.
• Build meaningful working relationships across Risk Assurance and AXA Commercial.
• Deliver Terms of Reference, assess information from the business, perform on and off site assurance activity, complete file reviews, call listening, interviews and report writing along with other assurance requirements.
• Agree findings within draft reports with Commercial Risk and other AXA Commercial stakeholders, including delivery of opinions and rating of issues.
• Manage recommendations and actions to clear evidenced conclusion in line with risk appetite.
• Ensure aligned activity to measure the effectiveness of risk and control management in line with the AXA UK Risk Taxonomy, rather than checking process or framework adherence.
• Deliver agreed final reports to fully address root cause, draw clear conclusions, and make proportionate recommendations, to drive improvements in risk and control management within AXA Commercial.
• Lead reporting that is of a high standard, with escalation to an appropriate level within AXA Commercial, in alignment to the risk ownership model and the AXA Commercial Governance Framework.
Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we're able to effectively manage interest. Therefore, if you're interested in joining us at AXA, please don't hesitate to apply.
What you'll bring:
• Excellent knowledge of the risks in distribution and underwriting practices within financial services business.
• Thorough knowledge of testing and assurance methodology and practices.
• Report writing skills with good attention to detail.
• Knowledge of FCA and PRA requirements, with the ability to apply that to distribution and underwriting risk to drive meaningful action and improvement initiatives.
• Pragmatic and balanced in approach with ability to quantify and size risks and issues accurately.
• Curious, inquisitive and comfortable to provide questions and challenge until issues are resolved to a satisfactory standard.
• Strong analytical skills with the ability to absorb high volumes of information and distil to pertinent facts.
• Good communication and stakeholder management skills with the ability to build trust and credibility with business stakeholders.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
What we offer:
At AXA UK, we're appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:
• Competitive annual salary of up to £35,000 dependent on experience
• Annual company & performance-based bonus
• Private health cover
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• 25 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• AXA employee discounts
• Wellbeing services & resources
To apply, click on the 'apply for this job' button, you'll then need to log in or create a profile to submit your CV. We're proud to be an Equal Opportunities Employer and don't discriminate against employees or potential employees based on protected characteristics. If you have a long-term health condition or disability and require reasonable adjustments during the application or interview process, we're proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to tanzeela.mehjabeen@axa-insurance.co.uk.
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Who we are:
AXA Commercial protects businesses, from multinationals to micro start-ups, giving them the confidence to thrive. We're currently making our biggest ever investment to develop the expertise and skills we need to be the best. We're a vibrant community where everyone is supported to learn, develop, and take ownership of their work.