Current Vacancies
Non-Executive Director
We are seeking a highly skilled and experienced Non-Executive Director to join our Board. The ideal candidate will bring specialist expertise in all or some of these areas - Cybersecurity, Digital Transformation, Artificial Intelligence, and Change Management. This role requires a strong commitment to good conduct and governance, ensuring that the company operates with integrity and transparency.
About Us:
Somerset Bridge Insurance Services is an MGA of Somerset Bridge Group; a car insurance provider, with additional insurance lines. We are committed to delivering innovative solutions and exceptional service to our clients. We are regulated by the FCA and uphold the highest standards of conduct and governance.
Role Duties:
You will be expected to devote such time as is necessary for the proper performance of your duties and you should be prepared to spend at least 18 days per year on company business after the induction phase. This is based on preparation for and attendance at:
- Scheduled board meetings
- Scheduled committee meetings (as applicable)
- Individual meetings with compliance director quarterly
- Time spent in the business
As standard, these will be held in Bristol but, on occasion, might be held in the Newcastle or Gibraltar offices.
Key Responsibilities:
- Provide strategic guidance and oversight to the Board and executive team.
- Contribute to the development and implementation of the company's strategic goals.
- Ensure robust governance practices and compliance with regulatory requirements.
- Offer insights and expertise in Cybersecurity, Digital Transformation, AI, and Change Management.
- Monitor and evaluate the company's performance and risk management processes.
- Foster a culture of good conduct and ethical behaviour across the organisation.
- Participate in Board meetings and relevant committees.
Key Skills and Experience:
- Proven experience in a senior leadership role within the financial services sector.
- Expertise in Cybersecurity, Digital Transformation, Artificial Intelligence, and Change Management.
- Strong understanding of regulatory requirements and governance best practices.
- Excellent strategic thinking and problem-solving skills.
- Ability to provide independent judgment and constructive challenge.
- Strong communication and interpersonal skills.
- Commitment to upholding the highest standards of conduct and governance.
Behavioural Competencies:
- Integrity and ethical behaviour.
- Strong sense of accountability and responsibility.
- Collaborative and inclusive approach.
- Ability to inspire and influence others.
We are committed to fostering a diverse and inclusive board and strongly encourage applications from candidates with diverse backgrounds, perspectives and experiences, including those from under-represented groups in the insurance and financial services sector.
Remuneration & Expenses:
The annual fee rate as at the date of this letter is £35,000 gross per annum paid monthly in arrears. This fee covers all duties including service on any board committee or company subsidiary and committee chairmanships. This is a non-pensionable role and for the avoidance of ambiguity you will not be on the payroll of the Company.
The company will reimburse you monthly in arrears for all reasonable and properly documented expense you incur in performing the duties of your office.
