At a Glance
- Tasks: Support compliance in insurance operations and guide teams through regulatory changes.
- Company: Join Markel Group, a Fortune 500 company with a global presence.
- Benefits: Competitive salary, annual bonus, strong benefits, and 25 days holiday.
- Why this job: Make a meaningful impact in compliance while growing 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.
Responsibilities:
- 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 e.g., 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.
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.
- 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 employer: Markel International
Contact Detail:
Markel International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Officer
✨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’re not just familiar with the regulations but also how they apply to real-world scenarios in the insurance industry.
✨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 navigated tricky situations in the past.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in being part of the Markel team. Let’s make it happen!
We think you need these skills to ace Compliance Officer
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!
Showcase 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 while maintaining that high degree of professionalism.
Highlight Stakeholder Management Experience: If you’ve had previous exposure to senior stakeholder management, make sure to mention it! This role involves communicating effectively at all levels, so sharing examples of how you've navigated these relationships will definitely catch our eye.
Apply Through Our Website: We encourage you to apply directly through our website for a smooth application process. It’s quick and easy, and it helps us keep everything organised. Plus, we can’t wait to learn more about you and how you can play your part in our team!
How to prepare for a job interview at Markel International
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of 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 the basics but are ready to dive into the specifics.
✨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 compliance issues in the past, as this will demonstrate your ability to navigate complex conversations.
✨Be Solution-Oriented
During the interview, highlight your problem-solving skills. Think of instances where you've helped a team overcome compliance challenges or implemented regulatory changes. This will illustrate your proactive approach and ability to support business goals while ensuring compliance.
✨Stay Updated on Regulatory Changes
Show your commitment to ongoing development by discussing how you keep up with industry changes. Mention any trade body events you've attended or resources you follow. This will reflect your dedication to staying informed and your readiness to adapt to new regulations.