Compliance Analyst
The Compliance Department is responsible for the submission of product filings to the respective state departments of insurance to support profitable business growth, as well as reviewing marketing materials for adherence to the various state unfair trade practices and advertising guidelines. In addition, the Compliance department works with the underwriting areas in ensuring that all policies and / or certificates are properly issued.
The Compliance Analyst should be comfortable operating independently and in team-settings, and is responsible for drafting and filing policy forms, including benefit designs, schedules, and general provisions as well as reviewing advertising / marketing materials to ensure compliance with laws, regulations, and company guidelines, an all laws and regulations and are in accordance with our guidelines and ensuring consistency with product parameters and can identify and address problematic language, in line with current regulatory requirements and market standards.
The Compliance Analyst operates under the direction of the Compliance Manager and is responsible for the maintenance and regulatory compliance of assigned Accident & Health and some Property & Casualty products offered by Crum & Forster A&H Division.
What you will do :
- Review advertising materials, including websites, to ensure compliance with internal standards and state regulatory guidelines, within established timeframes and utilizing tools available
- Lead the advertising review coordination process, communicating and collaborating effectively with both internal and external partners and escalating to management where required
- Analyze with the ability to identify problematic language in marketing / advertisements as identified by guidelines applicable to that product
- Identify and apply guidelines to social media and other new marketing channels
- Respond timely to customer requests and where applicable, leverage technology to streamline the review process
- Draft and file policy forms reflecting underwriting intent and consistent with regulatory requirements and current market standards for assigned lines of business, with support from Management where required
- Develop issue instructions and translate approved filings into product fulfillment and ensure that the approved product is operationalized
- Respond to routine compliance-related requests and inquiries from the various business areas in a timely fashion
- Review and assess regulatory changes, including statutes, regulations, bulletins, and industry trends, to determine filing and regulatory requirements
- Stay current on developments affecting marketing, product design, development, and filing requirements
- Establish and maintain strong relationships with internal business units, external partners (such as TPAs and MGUs), and foster teamwork across the organization
- Perform other related duties, including short- or long-term projects, as assigned by the manager
What YOU will bring to C&F :
Excellent organizational, verbal, and written communication as well as interpersonal skillsFlexible and open to an ever changing, fast paced environment, based on the value of the business to the Division and direction of ManagerAbility to work independently, prioritize and organize own work to meet deadlinesMeticulous with a high degree of accuracy and ability to multitaskAbility to manage conflict tactfully and effectivelyStrong research, decision-making, and analytical skillsRequirements :
Bachelor's or equivalent experience required3-5 or more years of equivalent work experience in the insurance industry, ideally with direct exposure to one or more of the following A&H product lines : Travel, Ancillary Benefits, Stop Loss, Occupational Risk, Travel Medical, Special Risk, Pet, and / or Life InsuranceDemonstrated knowledge of insurance compliance laws and regulations; A&H Travel knowledge preferredProficient in Microsoft Office software, including Microsoft Word, Outlook, and ExcelWhat C&F will bring to you
Competitive compensation packageGenerous 401K employer matchEmployee Stock Purchase plan with employer matchingGenerous Paid Time OffExcellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeingA core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen pathA dynamic, ambitious, fun and exciting work environmentWe believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your communityAt C&F you will BELONG
If you require special accommodations, please let us know. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodations, please let us know. Belonging at C&F, is a mindset. It's about fostering a culture of inclusion and connection, where everyone feels valued, heard, and empowered to thrive and where our social impact efforts help strengthen the communities where we live and work.
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Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $53,200.00 to a maximum of $100,000.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and / or performance-based variable pay programs.