Business Compliance Specialist
Company | Homesite Group |
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Location | Madison, WI, USA, Boston, MA, USA, Phoenix, AZ, USA |
Salary | $61000 – $101000 |
Type | Full-Time |
Degrees | |
Experience Level | Mid Level |
Requirements
- Demonstrated experience providing customer-driven solutions, support, or service.
- Solid knowledge and understanding of advertising compliance guidelines, laws regulations and procedures.
- Demonstrated experience in rate and form filings as required by area of expertise.
- Demonstrated teamwork and interpersonal skills; ability to communicate and persuade in a cross-functional environment.
- Demonstrated experience with audit techniques, methodologies and tools.
- Solid knowledge and understanding of insurance products and related pricing concepts.
- Solid knowledge and understanding of state insurance laws and regulations.
- Demonstrated experience writing technical documents or performing regulatory research.
- Solid knowledge and understanding of insurance compliance in area of expertise.
- Solid knowledge of insurance contract language and regulatory environment.
- Demonstrated experience with product, sales or service specifics as required in area of expertise.
Responsibilities
- Ensure operational processes, systems, and controls are compliant with state regulations.
- Review and interpret enacted changes in legislation and regulation to business impact.
- Provide business guidance on enacted changes in legislation and regulations to assist with sales, claims or product development and maintenance.
- Collaborate with various business units across the organization.
- Provide business requirements for the implementation of product related compliance projects.
- Work with technical areas, to interpret business requirements and review output to ensure quality of project deliverables.
- Document compliance management database with business direction, business requirements, and project milestones including postproduction validation.
- Serve as subject matter expert of products, services or sales related process, procedures and systems.
- Provide validation for inquiries coming from the NAIC and departments of insurance.
- Perform audits and/or compliance related projects. Reports status of compliance mandate projects.
Preferred Qualifications
- Prior experience in a role requiring investigation skills preferred.
- Prior experience interacting with multiple business partners and state regulatory agencies preferred.