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Compliance Officer - Assurance

Employer
Markel Corporation
Location
London, London, United Kingdom
Salary
Competitive
Closing date
28 Oct 2024
View more categoriesView less categories
Sector
Engineering, IT, Security
Job Role
Compliance
Job Type
Permanent
Do you want to be part of a team where you will make a meaningful contribution to Markel's second line compliance oversight focussing on monitoring and assurance activities?

This role provides a great opportunity to develop and grow your career in an exciting and growing business as part of an established compliance team.

What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.

Join us and play your part in something special!

The opportunity:

This role will work closely with the Head of Compliance Monitoring for the international division, performing compliance monitoring activities and other general compliance work.

What you'll be doing:
  • Support and contribute to the development and delivery of the second line assurance plan.
  • Conduct thematic reviews to ensure policies, procedures, and internal controls are effectively applied and comply with regulatory requirements.
  • Conduct deep dive reviews of the top compliance risks.
  • Analysing compliance risk metrics, and data feeds to identify emerging risks. Ensuring these risks are communicated and mitigated effectively.
  • Collaborating with internal stakeholders to agree remedial actions arising from the above. Tracking those actions to completion utilising our internal compliance monitoring system.
  • Collaborating closely with the wider Compliance team to ensure key processes and emerging changes are considered during reviews.
  • Contribute to regular Compliance reports for governing bodies, offering summary updates on control testing, monitoring reviews, and business performance in line with company procedures.
  • Keep up to date with regulation - e.g. attend trade body events or use other methods to ensure we are knowledgeable about strategic impacts of developments in the regulatory system.

Our must-haves:
  • Relevant compliance experience in the insurance industry.
  • Have the ability to communicate effectively at all levels within the company
  • Have strong writing skills in the English and a good grasp of technology to support and automate processes.
  • Have passed or be prepared to complete insurance compliance qualifications relevant to the role. Ongoing development is actively encouraged.
  • Demonstrate strong commitment to the organisation, team and role
  • Display a proactive approach to duties, committed to striving for high standards and achieving deadlines
  • Have prior experience completing compliance thematic and deep dive reviews.
  • Have relevant compliance experience in the insurance industry, with a strong understanding of FCA, PRA, Lloyd's, and other international regulators.
  • Possess the initiative to work independently and have the confidence to take responsibility for decisions made, but always to be willing to seek help and guidance where necessary
  • Focus on personal development and maintaining levels of knowledge and expertise

The successful candidate will:
  • Be able to work independently
  • Possess good interpersonal skills, with the ability to work across divisions
  • Pay close attention to detail and work in a logical and thorough manner
  • Be keen to improve processes and look for ways to improve Markel's compliance framework
  • Ensure a high level of integrity and discretion at all times, understanding that they work in an environment where confidentiality and sensitivity must be maintained

Who we are:

Markel Group (NYSE - MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We're all about people | We win together | We strive for better | We enjoy the everyday | We think further

What's in it for you?

  • A great starting salary plus annual bonus & strong benefits package...
  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave
  • Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
  • There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

Are you ready to play your part?

Choose 'Apply Now' to fill out our short application, so that we can find out more about you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are an equal-opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us on +44 (0) 2079536504 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.

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