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Legal & Compliance Officer, Singapore

Marsh McLennan

31 May 2023

Job Description
Marsh McLennan is seeking candidates for the following position based in the Singapore office:


Legal & Compliance Officer, Singapore


What can you expect?


The role of Legal & Compliance (L&C) Officer, Singapore will be based in Singapore. Reporting to the Marsh Mercer Singapore and Myanmar Chief Counsel, the L&C Officer will work under the supervision of more senior L&C team members in collaborating with the Marsh Mercer business and management to understand the business environment and strategy in order to advise and provide guidance on potential risks, with particular focus on regulatory advisory matters. The L&C Officer will regularly engage with the local regulators and ensure compliance of Marsh Mercer with applicable law / regulation. He / she will also collaborate in implementing Marsh Mercer legal and compliance strategy, processes, and goals across Marsh Mercer operations.


What is in it for you?



  • Be part of a reputable and recognized brand in the insurance broking and risk management industry by working with and learning from industry leading experts in the field
  • Unprecedented opportunity to meaningfully impact our clients and make a difference
  • Access to Employee Resource Groups that provide mentorship and development opportunities


We will count on you to:



  • Providing analysis and counsel on a range of legal issues, including corporate issues, business structures and models, M&A, property related issues, employment issues, insurance, and reinsurance under Singapore law
  • Drafting, reviewing, and negotiating contracts and related documents for the procurement or provision of goods and services, confidentiality of proprietary information, employment, leases of space and equipment, and software licenses
  • Assisting with regulatory advisory work under local law in Singapore
  • Anticipating and identifying legal issues in Singapore of concern to the senior management team and developing legal strategies and solutions, often in situations of high risk with limited time for assessing alternatives
  • Analysing a broad range of laws and regulations in Singapore affecting the operations of Marsh Mercer including those arising from corporate structures and business models
  • Assisting senior lawyers and other members of the LCPA department on more complex issues as well as with the development of templates
  • Engaging outside counsel on complex legal issues, and supervising and coordinating all work sent to external law firms
  • Reviewing regulations / directives and global / regional policies and explaining their requirements and applicability to Marsh Mercer colleagues
  • Developing procedures, processes, and policies to support the legal and compliance function, in conjunction with all internal and external standards and regulations
  • Assisting in internal investigations and making related recommendations to the relevant committees for consequences of potential non-compliance based on facts identified through the investigation process
  • Ensuring effective processes exist to address Errors & Omissions (“E&O”) prevention and mitigation. Triaging, investigating, mitigating, and closing E&O claims as well as assisting in reviewing claims history, identifying trends, and developing awareness education to avoid repeatable incidents
  • Supporting and implementing global / regional legal and compliance efforts for Marsh Mercer and promoting an ethical and legally compliant business culture. Partnering with the business, management, and regional teams to achieve desired compliance results
  • Under general supervision primarily handling specialized compliance matters and projects, including research, data compilation and synthesis, report drafting, performing monitoring or assessment and task management for assigned areas such as implementation of new regulations and internal policies and licensing
  • Actively participating on appropriate executive, leadership and / or operating committees


What you need to have:



  • Recognised legal qualifications from Singapore and admitted to practice in Singapore
  • 1 to 3 years of post-qualification experience in a law firm or in-house role
  • Experience of regulatory advisory work, preferably in insurance or financial services sectors
  • Experience handling contract reviews, drafting and negotiation
  • Experience handling employment and litigation matters
  • Excellent drafting and organizational skills
  • Ability to analyse complex legal problems quickly and concisely without direct supervision
  • Ability to exercise initiative and good judgment even in ambiguous situations
  • Confidence and ability to deal with senior stakeholders


What makes you stand out?



  • Willingness to learn, meticulous, and ability to work in a fast-paced environment
  • Ability to work independently as well as within a team
  • Proficient in MS Office applications


Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, gender identity or any other characteristic protected by applicable law.


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