Compliance Specialist / Senior Compliance Specialist - Markel Corporation
Richmond, VA
About the Job
What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.
Join us and play your part in something special!
The position reports to Manager, Compliance and is under the general oversight of Director and Counsel, Compliance for U.S. Compliance.
- Manage the daily and weekly OFAC sanctions screening function for U.S. Compliance for several assigned internal insurance systems, including review/clearing potential hits on a frequent basis and logging the results in a tracked format.
- Provide timely advice to business partners regarding OFAC sanctions-related referrals, including documentation of advice given in a tracked format.
- Review and update internal sanctions guidance as appropriate.
- Assist as directed by Director and Counsel, Compliance with monitoring reviews and risk assessments, including reviewing information provided, organizing data, scheduling meetings with risk owners, and entering/uploading related data into internal system(s) as designated for proper record-keeping.
- Assist as directed by Manager, Compliance with internal producer licensing function, including serving as the backup for handling licensing-related matters which entails submission of license applications to state departments of insurance, documenting/uploading the licensing work performed as designated, and conducting research on producer licensing-related inquiries.
- Assist as directed by Director and Counsel, Compliance with various U.S. Compliance tasks/projects.
Qualifications:
- 3-5 years’ experience in a compliance-related or risk management-type role for an insurance company or financial services provider preferred.
- Familiarity with OFAC sanctions preferred.
- Strong computer skills, particularly with the Microsoft Office suite to include Word, Excel, PowerPoint, SharePoint, Forms, Teams, and OneNote.
- Proven organizational skills with capacity to prioritize and handle multiple regulatory tasks simultaneously.
- Strong attention to detail including an ability to manage compliance-related documentation and records.
- Good verbal and written communication skills with an ability to communicate effectively to business partners.
- Ability to work in Glen Allen, VA headquarters on a hybrid basis (3 days in office per week).
Education:
- Bachelor’s degree or equivalent work experience in a compliance-related role for an insurance company, insurance brokerage firm, insurance managing general agent, insurance consulting firm, or state insurance regulator
*Job title and compensation will be commensurate with needs and experience
US Work Authorization
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Who we are:
Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.
We’reall about people | We win together | We strive for better
We enjoy the everyday | We think further
What’sin it for you:
In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.
We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
All full-time employees have theoption to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
Markel offers hybrid working schedules of 3 days in the office and 2 days remote.
Are you ready to play your part?
Choose‘Apply Now’to fill out our short application, so that we can find out more about you.
Caution: Employmentscams
Markel is aware of employment-relatedscamswhere scammers will impersonate recruiters by sending fake job offers to those actively seeking employmentin order tosteal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters andfrequentlyask for confidential personal information. Therefore, for your safety, please note that:
All legitimate job postings with Markel will be posted onMarkel Careers. No other URL should be trusted for job postings.
All legitimate communications with Markel recruiters will come from Markel.com email addresses.
We would also ask that you please report any job employment scams related to Markel torarecruiting@markel.com.
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.
No agencies please.
