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Senior Compliance Officer - Employee Health & Benefits
Senior Compliance Officer - Employee Health & BenefitsUSA Jobs • New York, NY, US
Senior Compliance Officer - Employee Health & Benefits

Senior Compliance Officer - Employee Health & Benefits

USA Jobs • New York, NY, US
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Senior Compliance Officer - EH&B

Marsh McLennan Agency (MMA) is seeking a Senior Compliance Officer - EH&B 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 - EH&B will cover an array of issues and will support the execution of all elements of the Company's compliance program, with a primary focus on MMA's EH&B business. Please note that there's a 3-day per week in-office requirement for this role.

Reporting to MMA's Chief Compliance Officer, you will be responsible for providing valued advice to colleagues in MMA's employee health & benefits. 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. You will also provide support on initiatives spanning MMA's other businesses, including business insurance (P&C) and private lines.

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 involving employee health and benefits advice, solutions and insurance products.
  • 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 (HIPAA); 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 environment.

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