Description:
Senior Compliance Officer
Lead, influence and grow within a global compliance team.
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 supporting the strategic and operating requirements of Guy Carpenter
Build and maintain effective working relationships with the 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
Senior Compliance Officer (Reinsurance) employer: Marsh & McLennan Companies
Lippincott is an exceptional employer that fosters a collaborative and innovative work culture, where consultants are empowered to tackle complex brand challenges alongside a passionate team. Located in London, employees benefit from a vibrant city atmosphere, ample opportunities for professional growth, and mentorship from experienced leaders, all while contributing to the development of world-class brands. With a commitment to inclusion and a focus on personal and collective success, Lippincott offers a rewarding environment for those seeking meaningful and impactful careers.
Contact Details:
Marsh & McLennan Companies Recruitment Team
