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Business Compliance Specialist

Business Compliance Specialist

CompanyHomesite Group
LocationMadison, WI, USA, Boston, MA, USA, Phoenix, AZ, USA
Salary$61000 – $101000
TypeFull-Time
Degrees
Experience LevelMid 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.