At a Glance
- Tasks: Provide compliance guidance and support to Markel's international insurance operations.
- Company: Join Markel, 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.
- Qualifications: Relevant compliance experience in insurance and strong communication skills.
- Other info: Diverse workforce with opportunities for flexible working patterns.
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 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.
What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're 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 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 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.
- Interaction with the regulators where necessary.
- Keep up to date with regulation.
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.
- Previous exposure to senior stakeholder management would be beneficial.
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.
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.
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. 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.
Senior Compliance Officer in London employer: Markel International
Contact Detail:
Markel International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compliance Officer in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who know Markel. A friendly chat can open doors and give you insider info that could set you apart.
✨Tip Number 2
Prepare for the interview by researching Markel's compliance culture. Understand their values and how they align with your experience. This will help you show them why you're the perfect fit!
✨Tip Number 3
Practice your responses to common compliance scenarios. Think about how you'd handle regulatory changes or challenges. Being ready to discuss these will demonstrate your expertise and problem-solving skills.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining the Markel team.
We think you need these skills to ace Senior Compliance Officer in London
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 Senior 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!
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 successfully navigated these relationships.
Apply Through Our Website: We encourage you to apply directly 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!
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 Lloyd's and the Canadian regulatory landscape. Being able to discuss these topics confidently will show that you're not just familiar with compliance but are also ready to tackle the challenges in the role.
✨Showcase Your Advisory Skills
Prepare examples of how you've provided compliance guidance in previous roles. Think about specific situations where you helped a team navigate regulatory changes or implemented solutions. This will demonstrate your ability to be a valuable advisory business partner.
✨Engage with Stakeholders
Since this role involves interaction with various teams and senior management, practice how you would communicate complex compliance issues clearly and professionally. Be ready to discuss how you've managed relationships with stakeholders in the past.
✨Stay Updated on Regulations
Show your commitment to ongoing development by discussing recent regulatory changes or industry events you've attended. This will highlight your proactive approach to staying informed and your dedication to the compliance field.