The Compliance Analyst role is responsible for daily oversight and coordination of specific compliance functions and must be able to address multiple compliance disciplines specific to insurance product development and/or product filings.
Essential Functions:- Develop and exhibit subject matter expertise in assigned areas of responsibility as related to Insurance Product development and/or Insurance Product Filings
- Develop and communicate Company expectations to internal and external customers relative to assigned areas of responsibility
- Meet statutory reporting obligations within assigned areas of responsibility
- Develop, enhance, distribute and maintain business processes and procedures within assigned areas of responsibility
- Monitor new laws or promulgated regulations relative to areas of responsibility
- Develop and implement appropriate measures of internal and external compliance within areas of responsibility
- Maintain relationships with various state insurance departments and other regulatory bureaus/entities relative to areas of responsibility
Additional Responsibilities:- Research and analyze unique requirements resulting from new program managers, new products, or changes in insurance regulations
- Develop processes necessary for the Company and internal and external customers to remain compliant with new regulatory compliance requirements
- Assist with special projects as needed
- Performs other duties and responsibilities as required or requested
Education/Experience:- High school diploma or equivalent required; college degree preferred
- At least 3 years of business experience in a professional office environment required
- Proficient to advanced skills in Microsoft Excel
- Insurance experience required
Knowledge/Skills/Abilities:- Strong project management and organizational skills
- Excellent people and interpersonal skills
- Well-developed written and verbal communication skills
- Must have the ability to analyze business needs and translate these into clearly defined action items
- Work independently with minimal management input
- Must be willing to learn new things and take on new responsibilities
- Research and analysis of regulations, statutes and case law across 50 states
- Ability to balance multiple concurrent timelines/tasks and meet deadlines
- Ability to effectively collaborate and direct compliance issues to appropriate channels for investigation and resolution
- Maintain a "big picture" perspective and be aware of the impact of change on both internal and external stakeholders
- Proficiency in Microsoft Office Suite
- Knowledge of Property & Casualty insurance required
- Knowledge of insurance regulatory compliance required
- Project management experience helpful
- General knowledge of the insurance industry required
- Working familiarity of SERFF - System for Electronic Rate Form Filings required
- Working knowledge of Insurance Product development preferred
- Working knowledge of Insurance Product Filings preferred
- Knowledge of NAIC annual statement lines of business helpful
#LI-Hybrid
#LI-AB
US Work AuthorizationUS Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information:The salary range for this position is $58,500.00 - $121,900.00. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.
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- All legitimate communications with Markel recruiters will come from Markel.com email addresses.
We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.
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