Company:

MMC Corporate

Description:

Marsh McLennan Agency (MMA) is seeking a Senior Compliance Officer to serve as a trusted advisor to business colleagues on regulatory, risk, compliance and ethics issues relating to MMA’s regulated insurance brokerage businesses.

The Senior Compliance Officer will cover an array of issues and will support the execution of all elements of the Company’s compliance program. Please note that theres a 3-day per week in-office requirement for this role.

What you can expect:

Reporting to MMA’s Chief Compliance Officer, you will be responsible for providing valued advice to colleagues in MMA’s business insurance (including P&C), employee health & benefits insurance, and private lines practices. You will uphold MMA’s compliance culture by developing and participating in all components of MMA’s compliance program, including regulatory compliance, policy and procedure implementation, training, monitoring and investigations into potential policy violations.

The Legal, Compliance and Public Affairs (LCPA) department promotes a culture in which ethical, lawful, and risk mindful behavior is encouraged and reinforced. LCPA develops and implements policies and procedures, systems and controls, training and communications, monitoring activities, and management reporting to prevent, detect and respond to violations of law and company policies.

We will count on you to:

Track, analyze and report on regulatory developments relevant to MMA’s business
Design and update policies and procedures, as appropriate
Conduct compliance monitoring and drive remedial actions
Develop and conduct creative and impactful compliance training and communications
Deliver timely and practical advice to business colleagues on regulatory, risk, compliance and ethics issues
Build and maintain positive relationships with compliance liaisons in MMA’s business
Conduct investigations into potential violations of internal policies and/or laws and regulations applicable to the company
Support broader Marsh McLennan compliance initiatives

What you need to have:

A bachelor’s degree
A minimum of 10 years relevant industry experience.
Are comfortable working in the areas of MMA’s offerings – primarily commercial insurance, employee health and benefits, private lines and retirement services.
Can address issues involving licensing, surplus lines, professional standards, transparency and disclosure, privacy and data protection, and M&A due diligence and integration, while maintaining a perspective that is both independent of and sensitive to commercial objectives.
Have a strong knowledge of laws applicable to MMA in areas such as rebating, referral fees, and surplus lines; trade sanctions; cybersecurity, data protection and privacy; conflicts of interest and services provided to insurers; and third-party risk.

What makes you stand out:

Personal integrity and sound judgement
The ability to collaborate effectively and the courage to uphold ethical standards, even under pressure.
Demonstrable experience leading compliance operations or governance within an organization of a similar size and/or regulatory profile.
Proficiency in analyzing and utilizing data sets to create dynamic dashboard reports.
Strong project management skills.
A track record of working with and advising senior business partners on compliance matters.
Demonstrated ability to understand and analyze strategic, commercial and operational issues facing a complex, regulated business, and to work with key stakeholders to arrive at practical solutions within applicable legal and ethical bounds.
Exceptional business judgment and strategic thinking capabilities; crisp decision-making skills.
Strong emotional intelligence, evidenced by the capacity to listen and develop relationships of trust.

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, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting 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.

The applicable base salary range for this role is $116,600 to $233,300.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.