Director, Compliance

Company: Markel Corporation
Location: Richmond
Posted on: January 27, 2023

Job Description:

Company Information:What we look forOur exceptional and motivated employees are our greatest strength. Our employees provide the highest level -of customer service and help maintain our position as a leader in the global marketplace.Markel StyleThe Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below.If you think you have these core attributes we want to hear from you.Job Summary:The primary purpose of this position is to oversee the implementation and enforcement of compliance policies and procedures, including those to address identified compliance risks as well as those developed in response to new or amended laws and regulations and industry best practices as part of an overall compliance program. The role will include management and direction over specific areas of the program as assigned by the Managing Director Compliance. Supports Managing Director Compliance and Legal & Compliance Department ("L&C") with their initiatives and projects.Job Responsibilities

• Provide leadership and mentorship to team including appropriate task assignments, effective training and development, appropriate performance management, adherence to department policies and procedures, and ensure that the team resources are efficiently utilized to achieve operational objectives.
• Responsible for risk assessments and identification as well as oversight and monitoring of first line activities.
• Directly interact with internal business clients and regulatory bodies to manage Markel Conduct Examinations, Audits or Regulatory Investigations.
• Responsible for the negotiation and advocacy of Company positions with regulatory authorities either individually or through collaboration with L&C or the assistance of outside counsel.
• Develop internal relationships to strengthen transparency and approachability with business units.
• Collaborate with the compliance officers and compliance associates within Markel in support of the implementation and enforcement of compliance policies and procedures specific to those units or departments, including those to address identified compliance risks as well as those developed in response to new or amended laws and regulations and industry best practices.
• Provide recommendations or workflows to cure any potential compliance issues.
• Know company systems and workflows to understand the business environment, including processes and technology in order to provide analysis of, and compliance with, laws and regulations.
• Provide compliance advice with respect to potential acquisitions and assist in due diligence process and collaborate with internal and external business clients to provide compliance advice on agreements and arrangements with potential third party business partners.
• As needed, provide compliance guidance and feedback on marketing, soliciting/selling and servicing of policies through web or app based access points as well as traditional methods of distribution.
• Work with the compliance officers of internal - entities, other members of the L&C, and relevant business units to identify compliance risks.
• Analyze and audit Company processes and provide a risk based assessment to determine compliance vulnerabilities and risks.Education
  • College degree required
  • Graduate or JD degree preferredWork Experience/Skill Set
    • 8+ years experiencePlease note: Markel's phased approach for re-entry into our buildings is designed to balance the ongoing health, safety, and well-being of our employees with operational considerations and regulatory/governmental requirements and recommendations. As a result, we implemented a hybrid return to work strategy that allows for three days in the office every week.The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. -Choose Markel: -Innovative hybrid work model * A diversity and inclusion focused employer * Exceptional base salary and bonus structure * Comprehensive benefits which include PTO, medical, dental, vision, 401K and more * Growth opportunities to advance your career* Ongoing coaching and career development * Fast paced, high performance environment *Profitable Fortune 300 company in business since 1930. -Must be authorized to work in the U.S., and not require sponsorship now or in the future"Why work for us?"Diversity and inclusionMarkel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing people's differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world.Community involvementMarkel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising.Commitment to open doorsMarkel is committed to creating the best work environment. Our open-door policy is essential in recognizing business issues as they rise and to address the changing needs of our diverse and global workforce. Challenging management is a component of the Markel Style-some of our best ideas start from a conversation between a manager and an employee.Entrepreneurial spiritAs the Markel Style states, we pursue excellence, strive for a better way, and share the success of others. Markel associates proactively seek new business opportunities, bringing further success to Markel.

Keywords: Markel Corporation, Richmond , Director, Compliance, Executive , Richmond, California