Senior Compliance Monitoring Associate in London

We are seeking a talented individual to join our Compliance team at Guy Carpenter. Are you an experienced compliance professional from a reinsurance, insurance broker or (re)insurer background, ready to step into a high-impact role? This is an opportunity to work alongside the Chief Compliance Officer (CCO) and help shape a strong, practical and commercially aware compliance culture across the business.

In this senior role, you will provide trusted oversight and expert advice on compliance policies, procedures, systems, controls and governance. You will also take on meaningful leadership responsibility — sharing your knowledge, coaching and mentoring colleagues, and helping guide decision-making when the CCO is away.

You will be joining a truly global organisation that offers excellent training and career development, as well as the chance to be part of a growing, highly skilled and enthusiastic Compliance team. If you are looking for a role where you can make a visible impact, broaden your leadership experience and help drive best practice at every level, we would love to hear from you.

The successful candidate for this role will be based in London on a hybrid basis, with a requirement to work 3 days per week in the office. Based in London covering the UK, EU, India, Middle East & Africa, some travel may be required.

We will count on you to:

• Work with the Chief Compliance Officer to provide day-to-day guidance and support to the business in the UK, Europe, India, Middle East and Africa.
• Lead on specific activities and projects.
• Ensure all compliance work is carried out to the required level of competence as set out by legal and regulatory requirements and Professional Standards policies.
• Assist with the enterprise risk framework, including risk appetite, governance, policies and limits across all business lines and geographies.
• Lead enterprise risk identification, assessment and quantification (credit, market, liquidity, operational, conduct, cyber and strategic risks).
• Comply with generally accepted principles of compliance and support the strategic and operating requirements of Guy Carpenter.
• Build and maintain effective working relationships with internal stakeholders.
• Review and keep up to date with changes in regulatory, legislative and market practices.
• Maintain the Guy Carpenter risk register.
• Assist with and maintain records for regulatory breaches, gifts and entertainment, conflicts of interest, enterprise risk management, GDPR, third party payments, approved parties and sanctions.
• Actively participate in Compliance projects, developing recommendations and action plans related to Compliance and the Professional Standards Programs.
• Ensure that, where applicable, GC UK is aligned to the Compliance and Financial Crime Procedures of Marsh Ltd.
• Act as a sanctions subject matter expert and the point of contact to provide guidance to the UK business unit.
• Build relationships and give advice to the business on a range of sanctions referrals including complex cases, providing review and approval or escalating as required to senior management.
• Provide training on relevant corporate policies and procedures, including GC Professional Standards.

What you need to have:

• Proven Compliance experience within the Reinsurance / Insurance industry ideally with a Broker.
• A deep understanding / commercial awareness of Reinsurance broking business objectives, the application of regulation and potential risks.
• Strong and confident communicator (verbal and written) with a proven track record of building strong and constructive relationships.
• Broad and deep knowledge and use of the FCA Handbook - Principles, Rules and Guidelines, including CASS rules.
• Ability to undertake detailed investigations or monitoring and report concisely with practical application.
• Ability to articulate complex concepts simply.

What makes you stand out:

• The ability to promote a culture of integrity, transparency and personal responsibility.
• Awareness of key European regulatory laws (such as IDD).
• Knowledge of traditional and non-traditional reinsurance concepts.
• University Degree or recognised industry accreditation (for example, ACII/ICA Diploma) an advantage but not essential.

Why Join Our Team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@marsh.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.