Compliance Officer in London

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. 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 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.
• 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.
• Licencing knowledge 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.

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. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. 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. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.