Senior Compliance Officer

Company:Marsh Corporate

Description:

We are seeking a talented individual to join our Compliance team at Marsh McLennan. This role will be based in our London offices. This is a hybrid role that has a requirement of working at least three days a week in the office.

• We are looking for a Senior Compliance Officer from an Insurance Broker / Insurer background. 

• This role will partner with the Marsh UK Corporate and Commercial business to deliver effective oversight and advice, regarding compliance policies, procedures, systems, controls and governance.

• This role will have 1 direct report

We will count on you to:

• Act as a trusted advisor and point of contact for any regulatory or governance queries by providing guidance and steer to the business

• Attend regular business and governance meetings and provide Compliance updates on regulatory developments, risks and relevant topics and actions

• Work with the business to develop effective and efficient policies and procedures that will facilitate compliance with regulatory requirements

• Provide Compliance advice and challenge to colleagues on issues and risks relating to their business or function, including the development and launch of new business models, new products and new functional processes

• Promote an open line of communication between Compliance and the business to provide the business with updates on current Compliance initiatives and projects

• Maintain an awareness of regulatory developments and support the business in assessing impacts and provide advice on challenges and proposed implementation

• Work collaboratively across the Advisory team, providing assistance/support to other team members and proactively sharing information/learnings to benefit the wider team

• Manage and develop 1 FTE

What you need to have:

• Experience in Compliance either with an Insurer or Broker

• Client Money (CASS5/8) experience would be beneficial

• Proven track record in building strong and constructive relationships with business leaders

• Broad and deep knowledge of the FCA Handbook – Principles, Rules and Guidelines

• Commercial awareness and focus on the proportionate application of regulation within the insurance industry

• Strong and confident communicator (verbal and written)

• Strong organisational and time management skills

What makes you stand out:

• ACII or other Insurance industry qualification

• Project management experience

• University Degree or recognised industry accreditation (for example, ICA Diploma)

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.