Insurance Supervisor Review

Supervising insurance companies, which entails analysing their results, processes and all other regulatory information in order to ensure the sustainability of individual firms, as well as the industry as a whole. At a wider level, the PRA within the Bank of England is responsible for carrying out all prudential regulation of UK banks and insurers.

I have learned a great number of new skills. As a result of undertaking the finance professional level 6 apprenticeship, I have primarily focussed on studying towards CFA level one. This has resulted in me learning lots of new content across a range of areas associated with finance and investing, including ehics, quantitative methods and corporate finance, among many others.

The programme has been enjoyanle in the sense that it has provided me with the opportunity to work towards a clear goal within the apprenticehsip, that being the CFA level one exam which acts as the professional qualification embedded within the programme. Some of the more admin focussed tasks that have come alongisde the programme have been less enjoyable.

The programme is reasonably well structured. It took some time in order for the structure to be effectively communicated to myself and others on the apprenticeship. However the trianing provider has provided lots of materials and in light of the current covid-19 pandemic have tried to maintain structure within the programme as best they can.

My employer has provided lots of support. My manager and senior manager, as well as my wider team have been engaged with me and very supportive of my enrollment on the programme. My employer has also been very generous in providing me with the time required to ensure I have enough to complete what I need to in relation to the programme.

The training provider has been very supportive. As well as providing me with a skills coach to ensure I am doing what is required within the apprenticeship, they have made available lots of online materials to aid my studying and progression o the programme, as well as putting on classes on the various topics within the CFA level one exam.

The direct impact on a day to day basis to my current role is reasonably limited, although it is helpful in providing context to some wider finance related areas. I am also expecting the programme to enable me to move more easily to other roles within and outside of my current employer.

There are numerous extra curricular ecitivites that you are able to get involved with at my employer. There is a sports club which offers aces to sports teams across a variety of different sports from Football to chess, as well as a significant number of professional networks such as women in business and a parents network.

Yes

The Bank of England is a very enjoyable place to work. They are very keen on promoting employee wellbeing, and this is done via a number of different avenues, from ensuring that there is a good work life balance to promoting flexible working, with a generally very strong culture across the bank.

Ensure that you are aware of the Bank's values and its role within the finance industry and wider society. It is important to be able to work well with othe rpeople in order to be successful at the Bank as it is a very colaborative work environment to be in.