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Compliance Analyst
View: 105
Update day: 01-06-2024
Location: Orpington South East
Category: Legal / Contracts
Industry: Insurance Business Consulting Services
Job type: Full-time
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Job content
Based in either Orpington or London, Marsh’s Market Information Group (MIG) is responsible for setting the global security framework and the review of markets with which Marsh places its client’s programs.The Intermediary Analyst will form a key member of the Market Information Group team, responsible for the coordination and review of our third party intermediaries globally.What can you expect?- Marsh’s Market Information Group (MIG) is responsible for setting the global security framework and the review of markets with which Marsh places its client’s programs
- You will be joining the team at the inception of a significant, high profile global project
- To gain an understanding our governance framework, how and why we utilize intermediaries and interpret the information that supports this process
- You will join a global team of experienced analysts with the UK team being based in London and Orpington, consisting of 5 team members
- You will be given significant training and support to enable you to fulfil the requirements of this exciting role
- Competitive Benefits Package including: 27 days annual leave, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more
- Generous Family Leave including: 6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options. To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary
- Classify intermediaries in order to perform due diligence including the review of binding authority extracts and Letters of Authority
- Undertake initial and ongoing reviews of intermediaries required globally to ensure they are authorised to underwrite on behalf of the delegated risk carrier principles
- Maintenance of the approval master database to ensure intermediary details are correctly recorded and visible to the business
- Liaise with Brokers and deal with approval requests and enquiries in a timely and efficient manner
- Assist with oversight and governance of the intermediary process and reporting
- Manage multiple projects and delivery schedule with high standards of accuracy and quality
- Manage work flow to ensure that all tasks within are completed within the specified deadlines
- Demonstrate a culture of continuous improvement, knowledge acquisition and sharing and team spirit
- Exceptional administration skills
- Demonstrated accuracy, efficiency and attention to detail
- Advanced skills in MS Office specifically Excel
- Exceptional verbal and written communication and interpersonal skills
- Team player
- Ability to work to deadlines
- Ability to challenge upwards
- Ability to adapt in changing environment
- A good knowledge of the insurance industry
- Knowledge of Visio
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Deadline: 16-07-2024
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