Compliance Business Partner

4 weeks ago

Worcester, Worcestershire, United Kingdom MMC Corporate Full time

Compliance Business Partner - London, Leeds, Manchester, Bristol, Worcester

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

What can you expect?

  • To join a truly global organisation that can offer excellent training and career development opportunities
  • A growing highly skilled Compliance team that strive to ensure the business is achieving best practice

What will you be rewarded with?

  • We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 3 days per week allowing 2 days per week to be spent working on a remote basis.
  • Comprehensive benefits programs including: excellent pension contributions, private health insurance, tuition assistance, pension, employee assistance program, career mobility, employee network groups, volunteer opportunities, and other programs
  • 26 days' holiday with the option to buy or sell up to 5 days per year

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)

About Marsh McLennan

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and well being for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit , or follow us on LinkedIn and Twitter.

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

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 based teams will identify at least one "anchor day" per week on which their full team will be together in person. 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

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