The Compliance Analyst will assist with the review and preparation of policy forms and disclosures for submission to state departments of insurance, assist in the research and evaluation of state insurance laws, regulations, and bulletins, and assist with policy issuance requests. Additionally, they will support the Specialty team, including commercial programs, lender-placed insurance and credit insurance.
Minimum Qualifications:
- Bachelor's degree or equivalent experience.
- 3-5 year's experience in insurance, corporate compliance or legal field.
Primary Job Functions:
- Assist in the review of admitted forms and filings to support the Specialty team, including Commercial lines programs, Lender Placed Insurance and Credit Insurance.
- Prepare and submit form filings, ensuring form readiness prior to filing. This includes researching form provisions and reviewing form for editorial or typographical errors.
- Assist with policy issuance requests and reviews, as needed.
- Proactively identify process/service improvement opportunities/efficiencies and make decisions or recommendations on the best course of action for new processes or procedures.
- Conduct research to advise management and affected departments on potential risks.
- Maintain database matrices of research for use by Compliance Department. Process national research projects, analyzing state legislature and regulatory insurance/service contract codes and constructing databases for easier readability.
- Must be proficient in Microsoft Word, Excel and Outlook, with excellent document proofing skills.
- Other duties as assigned.
The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
Skills & Competencies Required:
- Ability to work well both independently and in a team environment.
- Ability to perform varied tasks using computers, web-based programs and mainframe administrative systems.
- Ability to analyze issues, problem solve and recommend actionable responses.
- Ability to communicate and interact appropriately and professionally with internal/external customers, executive management and state departments examiners in writing, in person and on the telephone.
- Self-motivated, ability to work independently and to preserve and protect proprietary and confidential information.
- Experience with SERFF is a plus.
Additional Information:
Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.
