Senior Compliance Officer

Senior Compliance Officer

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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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 paid 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: Flexible working patterns and a commitment to diversity and inclusion.

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 essential together with an understanding of the Canadian regulatory landscape.
  • 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.

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.

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 employer: Markel International

Markel is an exceptional employer that fosters a collaborative and innovative work culture, where employees are encouraged to grow and develop their careers within a supportive environment. With a strong focus on employee well-being, Markel offers a competitive salary, comprehensive benefits package, and numerous opportunities for professional development, making it an ideal place for those looking to make a meaningful impact in the insurance industry. Located in London, you will be part of a global community that values diversity and inclusivity, ensuring that every voice is heard and every contribution is valued.
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Contact Detail:

Markel International Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Compliance Officer

✨Tip Number 1

Network like a pro! Reach out to your connections in the compliance and insurance sectors. Attend industry events or webinars to meet potential colleagues and learn about opportunities that might not be advertised yet.

✨Tip Number 2

Prepare for interviews by researching Markel’s values and recent developments in the regulatory landscape. Show us how your experience aligns with their mission and how you can contribute to their compliance efforts.

✨Tip Number 3

Practice your communication skills! As a Senior Compliance Officer, you'll need to convey complex information clearly. Consider mock interviews with friends or mentors to refine your delivery and confidence.

✨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 your enthusiasm for joining our team at Markel.

We think you need these skills to ace Senior Compliance Officer

Compliance Experience in Insurance Industry
Knowledge of FCA and PRA Rules
Lloyd's Market Experience
Understanding of Canadian Regulatory Landscape
Strong Communication Skills
Professional Writing Skills
Technical Aptitude for Process Automation
Stakeholder Management
Regulatory Change Implementation
Remediation Actions Oversight
Compliance Risk Assessments
Ability to Prepare Reports for Senior Management
Solution-Oriented Mindset
Adaptability to Regulatory Developments

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 expertise!

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. We’re looking for someone who can communicate effectively at all levels, so let your writing reflect that professionalism.

Highlight Your Regulatory Knowledge: Don’t forget to mention your knowledge of FCA and PRA rules, as well as any experience with Lloyd’s and the Canadian regulatory landscape. We want to see that you’re up-to-date with regulations and can navigate compliance challenges with ease.

Apply Through Our Website: We encourage you to apply directly 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 hit ‘Apply Now’ and let’s get started!

How to prepare for a job interview at Markel International

✨Know Your Regulations

Make sure you brush up on the FCA and PRA rules, as well as any relevant Lloyd’s and Canadian regulations. Being able to discuss these confidently will show that you’re not just familiar with compliance but are also proactive about staying updated.

✨Showcase Your Advisory Skills

Prepare examples of how you've provided compliance guidance in previous roles. Think about specific situations where your advice helped navigate regulatory challenges or supported business goals. This will demonstrate your value as an advisory partner.

✨Engage with Stakeholders

Be ready to talk about your experience with senior stakeholder management. Highlight instances where you effectively communicated complex compliance issues to different levels within a company. This shows you can bridge the gap between compliance and business needs.

✨Prepare for Scenario Questions

Anticipate questions that might ask how you would handle specific compliance scenarios. Think through your approach to implementing regulatory changes or managing remediation actions. This will help you articulate your solution-oriented mindset during the interview.

Senior Compliance Officer
Markel International
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