Compliance Business Partner - Marsh UK Specialty

Marsh; London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

Marsh seeks a Compliance Business Partner in London to provide oversight in compliance policies and regulations within the insurance industry. The role involves acting as an advisor, developing policies, and ensuring communication between compliance teams and business units. Ideal candidates will have a strong background in compliance, excellent communication skills, and relevant qualifications such as ACII. Join Marsh to thrive in a supportive, vibrant, and inclusive environment while making a significant impact.

Benefits

Professional development opportunities

Inclusive culture

Flexible working arrangements

Qualifications

• Experience in Compliance within the London Market.
• Proven track record in building strong relationships.
• Broad knowledge of the FCA Handbook.

Responsibilities

• Act as a trusted advisor for regulatory queries.
• Develop policies that ensure compliance with regulatory requirements.
• Attend business meetings and provide compliance updates.

Skills

Relationship Building

Commercial Awareness

Strong Communication

Organizational Skills

Education

ACII or other Insurance industry qualification

Job description

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.

• We are looking for a Compliance Business Partner from an Insurance Broker / Insurer background.
• This role will partner with the Marsh UK Specialty business to deliver effective oversight and advice, regarding compliance policies, procedures, systems, controls and governance.

We will count 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

What you need to have:

• Experience in Compliance within the London Market 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

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 $23 billion and more than 85,000 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 [e-mail].

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.