Risk & Compliance Internal Audit Analyst
1 week ago
Marsh Management Services - Sweden
With offices in more than 130 countries, Marsh is the world's leading insurance broker and risk advisor. We provide industry-focused brokerage, consulting, and claims advocacy services, leveraging data, technology, and analytics to help reduce our clients' total cost of risk.
The GRC (Governance/Risk/Compliance) function at Marsh Management Services Sweden consists of a team of consultants who work together to help Swedish and English-speaking captive owners and insurance company clients manage GRC according to the Solvency 2 regulations. The member will work closely with the team and clients, learning and taking on more responsibilities over time, including participation in various projects.
The role: Risk & Compliance Internal Audit Analyst – Marsh Management Services (Sweden)
The role reports to the head of GRC and the CEO of Marsh Management Services Sweden located in our offices in Stockholm. The role collaborates with our centre of excellence team based in Malta.
What can you expect:
To thrive in this role, the ideal candidate should be humble, willing to take on any task, self-driven, and proactive. The main responsibilities include following up on regulatory compliance/risk reporting, coordinating board meetings, audits and supporting ongoing client projects and reporting.
What you will be rewarded with:
- We offer and embrace a hybrid working model that nurtures a collaborative working environment
- The opportunity to work in a high-growth business across some of the most exciting clients in the region.
- Learning new skills and experiencing new technology.
- Developmental opportunities to grow internally
- The chance to work in a high performing and ambitious team
We will rely on you to:
- Provide support to the captive risk and compliance function in accordance to Solvency 2 regulations;
- Support in internal audit, compliance and risk management reviews;
- Answer and Support client queries;
- Participate on ORSA cycle and preparation;
- Regulatory reporting coordination for Sweden domiciled clients;
- Taking minutes of Client, Board and/or Committee meetings;
- Company secretarial work as may be required from time to time;
- Establish and maintain relationship with the FI and coordinate replies to FI on regulatory matters as may be required from time to time;
- Keeping abreast with relevant legislation and relevant changes to legislation, including the Insurance Distribution Directive, Money Laundering Legislation and Data Protection legislation;
- Liaise with Internal and external auditors;
- Support on regulatory reports such as RSR/SFCR;
- Contribute at monthly/quarterly client meetings;
What you need to have:
- Genuine interest in the insurance industry/captive management
- Structured and detail-oriented
- Inquisitive
- Ability to prioritize and handle multiple tasks in a demanding work environment
- A strong service mindset
- Team player
- Fluent in English and Swedish (proficient in both verbal and written communication)
- Easily navigate in an international environment
- Excellent IT skills (proficient in Microsoft Word, Excel, PDF)
What makes you stand out:
- Preferred qualifications for the role include a law or business degree, being detail-oriented and taking personal responsibility for completing tasks on time,
- Holding an interest in and some experience with learning new systems,
- Fluent in both Swedish and English.
- Work experience of 1-2 years in a similar role in the financial services industry.
Marsh is the world's leading insurance broker and risk advisor. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. For more information, visit , and follow us on LinkedIn and X.
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