Claims Compliance Analyst

American Automobile Association

$80K — $107K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent combination of education and experience
  • 4-6 years in compliance, business, insurance, risk management, or audit
  • Strong verbal and written communication skills across all organizational levels
  • Ability to interact effectively with diverse audiences, synthesizing complex data
  • Solid research, analytical, and organizational skills
  • Knowledge of federal and state regulatory documentation
  • Familiarity with insurance products and laws preferred
  • Proficient in Microsoft Office Suite with willingness to learn new technologies

Responsibilities

  • Receive, review, log, and dispatch consumer complaints from regulatory agencies
  • Ensure timely submission of complaint responses to regulatory bodies
  • Act as a central contact for business units regarding complaints
  • Maintain key reports and metrics related to complaint management
  • Identify needs for new or revised policies and procedures related to complaints
  • Support the implementation of updated procedures and training regarding complaint management
  • Proactively drive training and communication initiatives on complaint handling

Benefits

  • Health coverage for medical, dental, and vision
  • 401(K) savings plans with company match and pension
  • Tuition assistance
  • Floating holidays and PTO for community volunteer programs
  • Paid parental leave
  • Wellness programs
  • Employee discounts on memberships, insurance, travel, and more
Full Job Description
Claims Compliance Analyst

Job Summary

The Compliance Analyst supports the Compliance Team to establish and maintain industry best practices and provide regulatory compliance support to our business units. Responsible for receiving, reviewing, logging, and dispatching consumer complaints received from the Departments of Insurance and other regulatory agencies. Work closely with business units to ensure timely and compliant responses to the consumers and regulatory agencies and accurate record keeping. Supports the organizational goal of delivering legendary service by providing timely and actionable reporting related to the nature and drivers of regulated consumer complaints.

Job Duties

  • Maintains responsibility for receiving, reviewing, logging and dispatching consumer complaints received from the

  • Departments of Insurance and other regulatory agencies. Responsible for timely uploading of complaint responses to the applicable regulatory agencies.

  • Serves as a centralized point of contact for the business units and enterprise leadership for regulated complaint related inquiries. Assists business with drafting and compliant completion of complaint responses.

  • Maintains key reports and other metrics of complaint management.

  • Helps to determine the need for new and revised business policies & procedures for complaint management. Aids the business in building/documenting policy and procedures; assists in implementation.

  • Proactively drives and supports the delivery of appropriate training and communication related to complaint management.

Qualifications

  • Bachelors Equivalent combination of education and experience

  • 4-6 years Compliance, business, insurance, risk management and/or audit. Required

  • Verbal and written communication skills at all levels across the organization. Clearly express ideas, recommendations, etc., orally and in writing. (Medium proficiency)

  • Interacts effectively at different levels and with different audiences, both internal and external to the company. Understands, synthesizes and conveys complex data. Listens to and understands issues and problems. (Medium proficiency)

  • Solid research and analytical skills. (Medium proficiency)

  • Ability to analyze and interpret federal and state regulatory documentation. (Medium proficiency)

  • Knowledge of insurance products, laws and services preferred. (Medium proficiency)

  • Solid organizational skills. (Medium proficiency)

  • Teamwork/alliance Building: Builds and maintains successful relationships within the company and with external contacts. Builds relationships to secure the necessary resources not under his/her personal control. (Medium proficiency)

  • Self-Management: Takes responsibility for decisions and actions. Manages own work. Understands the business and responds to all related issues, concerns and problems. Able to prioritize based on regulatory/operating risk and business needs. Develops a high degree of trust through demonstrated personal integrity, ethics, and a commitment to doing the right thing. (Medium proficiency)

  • Proficiency with Microsoft Office software, including Outlook, Word, PowerPoint, Excel and Access required. (Medium proficiency)

  • Ability and desire to learn other technology. (Medium proficiency)

Travel Requirements

  • Occasional travel to off-site business meetings or conferences.

The starting pay range for this position is:

$80,100.00 - $107,000.00

Additionally, for full time positions, you will be eligible to participate in our incentive program based upon the achievement of organization, team and personal performance.

.

Remarkable benefits:
•    Health coverage for medical, dental, vision

•    401(K) saving plans with company match AND Pension    

•    Tuition assistance

•    Floating holidays and PTO for community volunteer programs

•    Paid parental leave

•    Wellness programs

•    Employee discounts (membership, insurance,

travel, entertainment, services and more!)

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