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HM Treasury

Policy Adviser, Insurance Market Strategy

London
£44.6k/yr
Posted about 14 hours ago
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This post can be based in London (1 Horse Guards Road) or Darlington (Feethams House).

Job Summary

Working at HM Treasury puts you at the heart of government, making a difference to the UK economy and ultimately to people’s lives right across the UK.

Jobs at the Treasury are fast-paced, fun and can offer unparalleled perspective – not least the opportunity to advise Ministers on the decisions which directly determine the UK’s prosperity. Deep in our DNA is a commitment to empowering our people: maximising individual and collective impact, with interesting work no matter your role or seniority.

Day-to-day you could be supporting Ministers to decide the right level of a specific tax or line of government spending; helping maintain the stability of financial markets; analysing the long-term trends impacting the future of the economy; or enabling this work as part of our vital corporate functions.

We are a high-performing department and proud to have outstanding staff from a wide range of backgrounds. We are also a friendly, inclusive and sociable workplace that prides itself on fostering great team spirit. Our two largest offices are 1 Horse Guards Road in London, opposite St James’ Park, and the Darlington Economic Campus, which also contains eight other departments. We work seamlessly across all our sites, including Norwich, Birmingham and Leeds, as one Treasury.

We are both a 1,000-year-old institution and dynamic, forward-looking economics and finance ministry, with a strong direction set by our organisational strategy, the Future Treasury Vision. The 21st century offers huge opportunities and poses new challenges for the UK. Working at the Treasury is your chance to help the country chart the right course.

Job Description

This is a stretching and fast-paced role covering a diverse range of policy issues in insurance markets. Your responsibilities will range from leading the response to acute and emerging insurance issues, to financial inclusion and supporting the delivery of the commitment to grow the mutuals sector. The postholder will interact with a wide range of stakeholders including insurers and brokers, trade associations, regulators, other government departments, international colleagues and ministers.

Importantly, you don’t need to be a policy professional or have any specific qualifications to apply to this role. We are looking for people who have the right set of skills for the role, who demonstrate the values of our organisation, and who are motivated to come and work with us on a range of issues that are important for our financial services sector. You will be well supported by your line management and the wider team, and opportunities to learn about the financial services sector will be provided.

Depending on your skills and experience, there may be opportunities to be involved in wider areas of the branch’s work, such as supporting work to grow UK insurance markets.

Key Accountabilities Include:

  • Emerging issues – lead our response to acute or ongoing challenges in insurance markets. This includes developing our response, often at pace, and presenting options to ministers. Recent work has included periods of crisis, including global conflicts such as Ukraine/Russia and Iran, where questions around insurance provision regularly feature.
  • Financial inclusion – Work across the team to help develop our approach to financial inclusion in insurance. This includes working closely with Financial Services Group colleagues leading on the Financial Inclusion Committee and the wider financial inclusion agenda, responding to the significant Parliamentary and Ministerial focus on this agenda.
  • Life and protection insurance policy – Develop knowledge and understanding of challenging life insurance policy issues (e.g. social care insurance and income protection insurance), and act as the policy lead for these areas.
  • Mutuals – lead on mutual insurance, working with colleagues across Financial Services, on how to take forward policy to ‘double the size of the mutuals sector’. Lead on a live Law Commission review of the Friendly Societies legislation, build the team’s knowledge and expertise on this market, and consider wider mutuals issues through an insurance lens, including working with the Department for Business and Trade, and the regulators.
  • Engagement – The role will involve significant engagement with other government departments, regulators and insurance sector representatives. It will involve building strong working relationships, as well as requiring the post-holder to, at times, deliver difficult messages.
  • Briefing and correspondence - Produce high quality briefings for senior officials and ministers and lead on relevant areas of IPM’s correspondence workload.

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Candidate Drop-In Session

The hiring manager will be running a candidate drop-in session to give you greater insight about the role and HM Treasury, and ask any questions you might have. If you would like to join us, use the link below to join the call at the right time.

Wednesday 26th August 2026 @ 16:00 Join the meeting here

If you would like to speak to the hiring manager informally prior to the closing date, please contact Michael Allen (Michael.allen@hmtreasury.gov.uk).

Visa sponsorship is not available for this role.

Person specification

Application Form

Applications should consist of a CV including your employment history, and a 250-word statement demonstrating evidence of each of the below shortlisting criteria. Your CV and employment history won’t be scored. It’s used to give context to your application and support discussions at interview.

The panel will review applications and invite those that best demonstrate evidence of the shortlisting criteria below for interview. Please keep this in mind when writing your application.

Please note that only applications submitted through Civil Service Jobs will be accepted.

Shortlisting Criteria:

  • Seeing the Big Picture – Ability to understand senior and political drivers and to clearly translate those into your day-to-day workplans and outputs, remaining alert to emerging issues and trends and influencing outcomes beyond your direct areas of responsibility.
  • Making Effective Decisions – Ability to use a range of credible and sometimes conflicting evidence, weigh up different options and develop accurate policy decisions and advice.
  • Communicating and Influencing – Ability to clearly communicate strategic and policy issues and considerations in person and in writing, build productive working relationships and credibly resolve issues, align approaches and deliver shared outcomes with a broad range of partners.
  • Delivering at Pace – Ability to prioritise effectively and work autonomously to deliver high-quality work across short-and long-term objectives in the face of a dynamic and changing work environment.

The lead criterion is: Seeing the Big Picture

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If we receive a high volume of applications, we’ll first sift using the lead criterion only. Those meeting the minimum score will then be assessed against all remaining criteria.

Interview Stage

If You Are Successful At The Application Stage, You Will Be Invited To Interview Where You Will Be Assessed Against The Following Criteria:

Strengths Behaviours:

  • Seeing the Big Picture
  • Making Effective Decisions
  • Communicating and Influencing
  • Delivering at Pace

Behaviours

We'll assess you against these behaviours during the selection process:

  • Seeing the Big Picture
  • Making Effective Decisions
  • Communicating and Influencing
  • Delivering at Pace

Benefits

Alongside your salary of £44,600, HM Treasury contributes £12,920 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).

  • Generous Annual Leave - 25 days (rising to 30 after 5 years), plus public holidays and the King’s birthday.
  • Outstanding Pension Scheme - Defined Benefit pension with employer contributions of 28.97%
  • Parental Leave Packages - Including 6 months’ occupational pay for maternity/adoption, shared parental leave options.
  • Flexible & Hybrid Working - Options include part-time, job-share, compressed hours, flexitime, and hybrid working (where business needs allow).
  • Advance Schemes & Discounts - Rental deposit, cycle-to-work, SmartTech, season ticket loans, and access to HM Treasury’s benefits portal for a wide range of discount codes.

You can review HM Treasury’s full offer here.

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.

Selection process details

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Strengths and Experience.

The reference to Experience above is system generated. For this role, experience is not assessed at any stage. We will ask for some CV details in your application form, but this is for reference only and will not be scored.

Candidate Guidance

Please review the candidate guidance for an overview of the Success Profiles and STAR approach, along with top tips for applications and interviews.

Recruitment Timeline

  • Closing date: Wednesday 2nd September 2026
  • Shortlisting: From 3rd September 2026
  • Interviews: w/c 14th September 2026

This timeline is indicative and may be subject to change. We will inform you if there is a substantial change to the recruitment timeline.

If your contact details change at any time during the selection process, please ensure you update your Civil Service Jobs Profile.

Reserve Lists

You will be placed on a reserve list if your application is successful, but we cannot offer you a role immediately. Where more than one location has been advertised, candidates will be posted in merit order by location. You will be asked to provide your

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Skills

Policy Development
Stakeholder Engagement
Strategic Thinking
Decision Making
Communication
Briefing Writing
Financial Inclusion
Insurance Market Analysis
Project Management
Analytical Thinking

Location

London, England, United Kingdom

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