Senior Compliance Officer in London

In your role as Senior Compliance Officer – Advisory business partner, 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. 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 Director of Compliance for UK, London Markets and Canada Divisions.

What you’ll be doing:

• Providing key support, compliance guidance and advice to the business trading divisions of Markel’s international insurance operations. This includes oversight and challenge with a solution-oriented mindset to help the division navigate its obligations in a sensible way.
• Overseeing and advising the first line on implementation of regulatory change, remediation actions (e.g., from our independent monitoring activities or as arising from internal audits, interactions with regulators or others) and other regulatory compliance matters.
• Supporting business goals e.g., growth projects, new products or distribution, change delivery.
• Supporting and guiding key first line functions on regulatory and Lloyd’s requirements. Key relationships would include but not in any way be limited to Risk team, the Office of the Chief Underwriting Officer, Head of Customer Outcomes, Global Risk Security, the Operational Resilience team, the Delegated and governance teams.
• Preparing reports for senior management, Boards and Committees.
• Supporting the compliance advisory team and involved with compliance risk assessments across the divisions.
• Interaction with the regulators where necessary.
• 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 with strong SME knowledge of FCA and PRA rules.
• Lloyd’s and London market experience is also essential together with an understanding of the Canadian regulatory landscape would be beneficial.
• Strong licensing and understanding overseas regulatory capabilities.
• Can communicate effectively at all levels within the company with a high degree of professionalism.
• 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.
• Previous exposure to senior stakeholder management would be beneficial given the need for appropriate communication within the company and timely reporting and resolution of any developing issues.

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

A great starting salary plus annual bonus & strong benefits package… 25 days paid holiday plus