Compliance Analyst (Property & Casualty)
Job Description
The Law & Regulation Analyst II (official NJM job title) assists the Law and Regulation Department with ensuring Business Units adhere to statutory and regulatory requirements when performing company operations. This position promotes a culture of compliance throughout the organization. The Level II Analyst also assists the Law and Regulation Department with special projects.
Essential Duties and Responsibilities:
- Research property and casualty insurance industry compliance regulations and laws
- Assist in the management of the proposed regulatory comments workflow
- Perform audits and compliance reviews to evaluate / assess internal operational and procedural compliance
- Review, summarize, and distribute quarterly reports on Market Conduct activity in the states the Company conducts business
- Assist with compliance meetings and educating employees on regulatory requirements
- Assist with compliance reporting
- Support evolving regulatory compliance strategies, policies, and procedures based on new laws/regulations and/or business priorities
- Assist in the management of the Legal Referral workflow
- Assist in the analysis and review of complaints and responses
- Support the Law and Regulation Department with special projects
Required Qualifications:
- Minimum 3 years property casualty insurance industry experience
- Excellent communication skills (verbal and written)
- Attention to detail and organized
- Results-oriented, able to successfully take ownership, and problem solve
- Strong analytical skills
- Collaborative, with strong relationship-building skills, and a commitment to customer service
- Demonstrated ability to multi-task effectively while producing a high-quality work product
- Proficient in Microsoft Office Suite including Excel, Word, and Outlook
Preferred Qualifications:
- Bachelor’s degree
- Property Casualty Insurance regulatory and/or compliance experience
Compensation: Salary is commensurate with experience and credentials.
Pay Range: $70,444-$81,849Eligible full-time employees receive a competitive Total Rewards package, including but not limited to a 401(k) with employer match up to 8% and additional service-based contributions, Health, Dental, and Vision insurance, Life and Disability coverage, generous PTO, Paid Sick Leave, and paid parental leave in addition to state-mandated leave. Employees may also be eligible for discretionary bonuses.
Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.