Senior Compliance Officer in London
Senior Compliance Officer

Senior Compliance Officer in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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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 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

Markel is an exceptional employer that fosters a collaborative and innovative work culture, where employees are encouraged to make meaningful contributions to compliance oversight in the insurance industry. With a strong focus on professional development, competitive benefits including a generous pension scheme and private medical cover, and a commitment to diversity and inclusion, Markel provides a supportive environment for career growth in its London office. Join a global community of optimists and problem-solvers dedicated to helping each other reach their full potential.
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Contact Detail:

Markel 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 compliance and insurance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!

Tip Number 2

Prepare for interviews by researching Markel and its compliance practices. Understand their values and how you can contribute to their mission. Tailor your responses to show how your experience aligns with their needs.

Tip Number 3

Showcase your expertise! Bring examples of how you've navigated regulatory challenges in the past. Use specific scenarios to demonstrate your problem-solving skills and how you can add value to Markel's compliance team.

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 genuinely interested in being part of the Markel community. Let’s get you that interview!

We think you need these skills to ace Senior Compliance Officer in London

Compliance Experience in Insurance Industry
Knowledge of FCA and PRA Rules
Lloyd's and London Market Experience
Understanding of Canadian Regulatory Landscape
Strong Communication Skills
Professional Writing Skills
Stakeholder Management
Regulatory Change Implementation
Problem-Solving Skills
Data Analysis
Technology Proficiency for Process Automation
Regulatory Compliance Guidance
Risk Assessment
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 Communication Skills: Since this role involves interacting with various stakeholders, it’s crucial to demonstrate your strong writing and communication skills. Use clear and professional language in your application to reflect your ability to communicate effectively at all levels.

Highlight Your Regulatory Knowledge: We’re looking for someone with a solid understanding of FCA and PRA rules, as well as Lloyd's and London market experience. Make sure to mention any relevant qualifications or experiences that showcase your knowledge of these regulations.

Apply Through Our Website: Don’t forget to hit that 'Apply Now' button on our website! It’s the best way for us to receive your application and get to know you better. We can’t wait to see what you bring to the table!

How to prepare for a job interview at Markel

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 discuss your experience with senior stakeholder management. Highlight instances where you've effectively communicated complex compliance issues to various levels within a company. This is crucial for a role that requires interaction with multiple teams.

Prepare Thoughtful Questions

Have a few insightful questions ready for your interviewers. Ask about the compliance team's current challenges or how they measure success in their advisory role. This shows your genuine interest in the position and helps you understand if it's the right fit for you.

Senior Compliance Officer in London
Markel
Location: London

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