Compliance Officer - Assurance
Compliance Officer - Assurance
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Job Description
We are looking for an individual to support and contribute to the development and delivery of the second line assurance plan.
What part will you play If youre looking for a place where you can make a meaningful difference youve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities and youll find your fit amongst our global community of optimists and problem-solvers. Were 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:
The role is part of the International Division Compliance function which is overseen by the Chief Compliance Officer. The team is well-established with operations in multiple countries managing all of Markels insurance activities outside the U.S. This role will report to the Head of Compliance Monitoring.
We are looking for an individual who will make a meaningful contribution to Markels second line compliance oversight. There will be the opportunity to develop and grow your career in an exciting and growing business as part of an established compliance team.
What youll 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:
- 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 Lloyds and other international regulators.
- Have strong writing skills 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.
- 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.
- Exhibit a proactive approach to improving processes and consistently seek opportunities to enhance Markels compliance framework.
- Analytical thinking investigates and comprehends trends opportunities and risks that could impact the business.
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.
Were all about people We win together We strive for better We enjoy the everyday We think further
Whats 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 or call us at 0 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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#LI-Hybrid #PlayYourPartUK
Required Experience:
Unclear Seniority
Employment Type
Full-Time
