Compliance Analyst

Marsh McLennan•Montreal, QC

3d•Hybrid

About The Position

We are seeking a Compliance Specialist to join our team in Canada. This is a hybrid role, with office presence as needed, and the preferred locations are our Montreal, Quebec and Toronto, Ontario offices. We will count on you to: Support the Company’s success and protect its reputation by promoting integrity, excellence, and high standards Oversee and manage individual licensing with provincial and territorial regulators across Canada Support licensed colleagues with licensing questions and inquiries Identify, analyze, and advise on licensing risk and compliance issues in our insurance brokerage and consulting businesses Bring a pragmatic, partnership-based approach to compliance that supports business goals while identifying and managing risk Demonstrate subject matter expertise in one or more key licensing areas such as agency/brokerage, TPA, consultant, reinsurance, and/or adjuster licensing Stay current on legal and regulatory changes affecting insurance licensing and help update compliance programs as needed Work closely with team members, business partners, and operations colleagues to solve problems, improve processes, and support compliance with applicable laws, regulations, and policies Use sound judgment in licensing compliance decisions and escalate issues to the Chief Compliance Officer when needed Help develop and deliver internal communications and guidance on insurance licensing requirements Conduct licensing monitoring activities, report findings, identify remediation actions, and track completion Work effectively with provincial and territorial insurance regulators, including outreach and responses to inquiries Support continuing education activities with regulators, including course accreditations, certifications, and credit issuance Support compliance activities in regulatory portals, including reporting, onboarding, and payments

Requirements

Minimum 3 years of relevant experience in insurance licensing compliance and/or licensing operations, preferably with an insurance brokerage/agency, insurance company, or insurance regulatory advisory role
Excellent French and English communication skills, since the role involves interaction with colleagues outside Quebec and insurance regulators across Canada
Working knowledge of key insurance licensing regulations and/or risk areas
Experience with insurance licensing frameworks and provincial requirements
Strong technology skills, including Microsoft Word, Excel, PowerPoint, and Outlook
Experience working collaboratively in cross-functional teams and/or a matrix organization
Ability to work with provincial and territorial insurance regulators in examinations, enforcement matters, or investigations, and to assist with internal investigations as needed
Strong commitment to compliant and ethical behavior, with personal integrity and accountability
Proven ability to manage complex projects successfully and on time

Nice To Haves

Clear and concise verbal and written communication skills
Strong organizational skills and the ability to analyze and improve business processes and workflows
Excellent responsiveness and a willingness to collaborate with team members
A growth mindset with a desire to learn and improve continuously

Responsibilities

Oversee and manage individual licensing with provincial and territorial regulators across Canada
Support licensed colleagues with licensing questions and inquiries
Identify, analyze, and advise on licensing risk and compliance issues in our insurance brokerage and consulting businesses
Bring a pragmatic, partnership-based approach to compliance that supports business goals while identifying and managing risk
Demonstrate subject matter expertise in one or more key licensing areas such as agency/brokerage, TPA, consultant, reinsurance, and/or adjuster licensing
Stay current on legal and regulatory changes affecting insurance licensing and help update compliance programs as needed
Work closely with team members, business partners, and operations colleagues to solve problems, improve processes, and support compliance with applicable laws, regulations, and policies
Use sound judgment in licensing compliance decisions and escalate issues to the Chief Compliance Officer when needed
Help develop and deliver internal communications and guidance on insurance licensing requirements
Conduct licensing monitoring activities, report findings, identify remediation actions, and track completion
Work effectively with provincial and territorial insurance regulators, including outreach and responses to inquiries
Support continuing education activities with regulators, including course accreditations, certifications, and credit issuance
Support compliance activities in regulatory portals, including reporting, onboarding, and payments