Group 1001
is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Company Overview:
Clear Spring Property and Casualty Group (CSPCG) is comprised of four insurance carriers (Clear Spring Property and Casualty Company, Clear Spring Casualty Insurance Company, Clear Spring American Insurance Company, and Clear Spring National Insurance Company), each rated A- (Excellent) by A.M. Best. CSPCG assists companies in protecting themselves from today’s challenges through technology and innovation. CSPCG provides worker’s compensation, general liability, and other coverages through strong agency relationships.
Clear Spring Property and Casualty Group is a subsidiary of Delaware Life Insurance Company and its parent company, Group 1001, a collective that empowers companies to create positive growth. Everything Group 1001 does is designed to help individuals and communities thrive. Our insurance and annuities make financial products easy to understand and accessible to all. Our online investing platform gives individuals control over their savings and their futures. Our technology and innovation help companies succeed. And our strategic partnerships bring people together through education and sports. Because we all have the power to grow better. Clear Spring’s risk management solutions evolve with market needs, while traditional insurance companies struggle to keep up. Our data-driven approach and mastery of emerging technologies provide a deeper connection with customers by developing smarter, more adaptive ways to interact that address the needs of brokers and their policyholders.We’re confident that you’ll love partnering with us.Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued.
Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Job Summary:
The Legal and Compliance Department of the Clear Spring Property and Casualty Group is currently seeking a Compliance Leader. The Compliance Leader will have overall responsibility for the principal strategy and day-to-day coordination of the company’s regulatory and compliance program for 50 states. Responsibilities of this position include, managing a team of compliance professionals, researching and interpreting compliance materials, developing, planning, and implementing procedural changes resulting from regulatory changes, and communicating with senior leadership and impacted departments to update procedures to remain compliant with statutory requirements.
The Compliance Leader will also manage the agency appointment process. This role will work closely with senior management to accomplish the overall compliance function. This position will report to the Chief Legal Officer.
Main Accountabilities:
- Research and identify regulatory and compliance issues and work with senior management to design and implement changes to policies and procedures as appropriate.
- Serve as subject matter expert on forms, rules, filing procedures and regulatory compliance.
- Institute and manage a comprehensive compliance review program.
- Assist with the design and delivery of compliance training to staff.
- Manage relationships with state and federal regulators, coordinate information gathering with the Company’s business and functional units and follow up on issues or concerns raised through inquiries from regulators.
- Continue developing overall knowledge of insurance regulatory compliance utilizing continuing education and professional certifications along with keeping abreast of current developments and trends.
Qualifications:
- Bachelor’s degree
- Minimum 10+ years of relevant work experience, preferably in property & casualty insurance industry
- In-depth knowledge and understanding of insurance laws and regulations
- Ability to provide management current information regarding standards of compliance with applicable rules/legislations
- Effective communication skills, both verbal and written
- Excellent analytical and problem-solving skills
- Ability to analyze situations for compliance and business risk, and implement solutions to address and mitigate such risk
Benefits Highlights:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company. #LI-AB1 #LI-REMOTE
