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- Tasks: Support compliance in insurance operations and guide teams through regulatory changes.
- Company: Join Markel, a Fortune 500 company with a global presence.
- Benefits: Competitive salary, annual bonus, 25 days holiday, and strong benefits package.
- Why this job: Make a meaningful impact in compliance while developing your career in a dynamic environment.
- Qualifications: Experience in insurance compliance and strong communication skills are essential.
- Other info: Flexible working patterns and ongoing development opportunities available.
The predicted salary is between 36000 - 60000 £ per year.
Looking for a role where you will have a meaningful contribution to Markel’s second line compliance? In your role as 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 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.
- Overseeing and advising the first line on implementation of regulatory change, remediation actions and other regulatory compliance matters.
- Supporting business goals such as growth projects, new products or distribution, change delivery.
- Supporting and guiding key first line functions on regulatory and Lloyd’s requirements.
- Preparing reports for senior management, Boards and Committees.
- Supporting the compliance advisory team and involved with compliance risk assessments across the divisions.
- Keeping up to date with regulation through trade body events or other methods.
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 essential.
- Licencing knowledge and understanding overseas regulatory capabilities.
- Ability to communicate effectively at all levels within the company with a high degree of professionalism.
- Strong writing skills and a good grasp of technology to support and automate processes.
- Prepared to complete insurance compliance qualifications relevant to the role.
- Previous exposure to senior stakeholder management would be beneficial.
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.
- Countless opportunities to learn new skills and develop in your career.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. 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.
Compliance Officer in Leeds employer: Markel International Services Ltd
Contact Detail:
Markel International Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Officer in Leeds
✨Tip Number 1
Network like a pro! Reach out to people in the compliance field, especially those at Markel. A friendly chat can open doors and give you insights that might just set you apart from the crowd.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of FCA and PRA rules. Show us you know your stuff and can communicate effectively about regulatory changes and compliance matters.
✨Tip Number 3
Don’t forget to showcase your problem-solving skills! We love candidates who can think on their feet and provide solutions to compliance challenges. Bring examples of how you've done this in the past.
✨Tip Number 4
Apply through our website! It’s quick and easy, and it helps us keep track of your application. Plus, you’ll be one step closer to joining our fantastic team at Markel!
We think you need these skills to ace Compliance Officer in Leeds
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your relevant compliance experience in the insurance industry. We want to see how your skills align with the role of Compliance Officer, so don’t hold back on showcasing your knowledge of FCA and PRA rules!
Show Off Your Writing Skills: Since strong writing skills are a must-have for this role, ensure your application is clear, concise, and free of errors. Use professional language but keep it engaging – we want to see your personality shine through!
Highlight Your Stakeholder Management Experience: If you’ve had previous exposure to senior stakeholder management, make sure to mention it! We’re looking for someone who can communicate effectively at all levels, so share examples of how you’ve navigated complex relationships in the past.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just click ‘Apply Now’ and let’s get started!
How to prepare for a job interview at Markel International Services Ltd
✨Know Your Regulations
Make sure you brush up on the FCA and PRA rules, as well as any relevant Lloyd’s and London market regulations. Being able to discuss these confidently will show that you’re not just familiar with compliance but are also genuinely interested in the role.
✨Showcase Your Communication Skills
Since this role involves liaising with various teams and senior stakeholders, practice articulating your thoughts clearly and professionally. Prepare examples of how you've effectively communicated complex compliance issues in the past.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific compliance challenges or regulatory changes. Think through potential scenarios and how you would approach them with a solution-oriented mindset.
✨Demonstrate Continuous Learning
Highlight any ongoing professional development or qualifications you’re pursuing in insurance compliance. This shows that you’re committed to staying updated with industry changes and eager to grow within the role.
