Compliance Officer - Assurance in London

We are looking for an individual to support and contribute to the development and delivery of the second line assurance plan. 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 Markel's insurance activities outside the U.S. This role will report to the Head of Compliance Monitoring.

In your role as Compliance Officer – Assurance, you will make a meaningful contribution to Markel's second line compliance oversight. 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 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 monitoring 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 monitoring reviews.
• Have relevant compliance experience in the insurance industry, with a strong understanding of FCA, PRA, Lloyd's, and other international regulators.
• Have the ability to communicate effectively at all levels within the company.
• 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 Markel's compliance framework.
• Ability to act with due professional care, demonstrating sound integrity and confidentiality.
• 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.

We celebrate 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 at 0161 507 5827 to request any accommodations that may be needed.