Compliance Business Partner - Insurance

Compliance Business Partner – London

We are seeking a talented individual to join our Compliance team at Marsh McLennan. This role will be based in our London offices. This is a hybrid role that has a requirement of working at least three days a week in the office.

• Do you want to be part of a growing highly skilled Compliance team that strive to ensure the business is achieving best practice and join a truly global organisation that can offer excellent training and career development opportunities
• This role will partner with the Marsh business to deliver effective oversight and advice, regarding compliance policies, procedures, systems, controls and governance.
• We are seeking a Compliance Business Partner from an Insurance Broker / Insurer background.

We will rely on you to:

• Act as a trusted advisor and point of contact for any regulatory or governance queries by providing guidance and steer to the business
• Attend regular business and governance meetings and provide Compliance updates on regulatory developments, risks and relevant topics and actions
• Work with the business to develop effective and efficient policies and procedures that will facilitate compliance with regulatory requirements
• Provide Compliance advice and challenge to colleagues on issues and risks relating to their business or function, including the development and launch of new business models, new products and new functional processes
• Promote an open line of communication between Compliance and the business to provide the business with updates on current Compliance initiatives and projects
• Maintain an awareness of regulatory developments and support the business in assessing impacts and provide advice on challenges and proposed implementation

• Work collaboratively across the Advisory team, providing assistance/support to other team members and proactively sharing information/learnings to benefit the wider team

• Conduct periodic health checks that provide risk-based oversight and assurance regarding business compliance with policies, procedures, systems, controls and governance requirements

What you need to have:

• Experience in Compliance within the Insurance industry either with an Insurer or Broker
• Proven track record in building strong and constructive relationships with business leaders
• Broad and deep knowledge of the FCA Handbook – Principles, Rules and Guidelines
• Commercial awareness and focus on the proportionate application of regulation within the insurance industry
• Strong and confident communicator (verbal and written)
• Strong organisational and time management skills

What makes you stand out:

• ACII or other Insurance industry qualification
• Project management experience
• University Degree or recognised industry accreditation (for example, ICA Diploma)

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 McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.

Marsh McLennan 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 an equal opportunities employer. 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@mmc.com.

Marsh McLennan 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 McLennan 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. #J-18808-Ljbffr