Senior Compliance Specialist

Company:MMC Corporate

Description:

We are seeking a talented individual to join our Legal, Compliance & Public Affairs team at Marsh McLennan. This role will be based in New York, and it is a hybrid role with a requirement of working at least three days a week in the office.

As a Senior Compliance Specialist, you will report to one of Marsh McLennan Agency’s (MMA) Senior Compliance Officers and be responsible for executing on compliance priorities across MMA’s business insurance (including P&C), employee health & benefits insurance, and private lines practices. Additionally, you will support MMA’s compliance culture by helping to support implementations ranging from regulatory compliance, policy and procedures, training, monitoring and investigations. You will also advise business colleagues on compliance and regulatory matters.

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:

• Implement regulatory compliance initiatives
• Contribute to updates to MMA’s policies and procedures
• 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
• Support investigations into potential violations of internal policies and/or laws and regulations applicable to the company
• Support broader Marsh McLennan compliance initiatives
• Handle various other compliance matters

What you need to have: 

• College degree or equivalent
• 5+ years of insurance compliance experience, ideally in property & casualty and/or employer-sponsored health insurance.
• Personal integrity and sound judgment
• The ability to collaborate effectively and the courage to uphold ethical standards, even under pressure
• A track record of working with and advising business colleagues 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

What makes you stand out?

• Expertise with regulations and professional standards applicable to P&C and/or health insurance brokerage services

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 [email protected].

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 $63,100 to $126,200.

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.