Regulatory Compliance Specialist

Regulatory Compliance Specialist

Requirements

• High School diploma required
• Excellent written and verbal communication skills
• Excellent organizational skills
• Excellent time management skills and ability to multi-task and prioritize work
• Attention to detail and problem-solving skills
• Proficient in MS Office (Word, Excel, PowerPoint, etc.) and willingness to learn other programs
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Responsibilities

• Coordinate, process and file, within all required deadlines, U.S. (or any non-U.S.) regulatory filings in order to uphold a license or qualification and maintain status as a surplus lines carrier, accredited reinsurer, admitted carrier, trusteed reinsurer or licensed agent/agency in all 50 states and US territories.
• Support the department’s efforts to obtain regulatory approvals.
• Modify filings, as needed, so that they are in compliance with regulations of each state.
• Submit regulatory filings to state departments of insurance in accordance with state requirements within statutory time frame.
• Develop responses to questions posed by the State Departments of Insurance that arise throughout the filing process.
• Bring regulatory filings to closure in a timely fashion.
• Support the department’s efforts to ensure compliance with state insurance regulations.
• Accurately and thoroughly interpret state laws in assigned states.
• Review bulletins distributed by advisory boards and bureaus and state departments of insurance, evaluating if there is any impact to existing company filing processes.
• As regulatory changes occur, determine impact on company practices and operations.
• Coordinate responses to consumer/insurance department complaints.
• Maintain procedures to ensure the integrity of business practices in assigned states.
• Support the department’s efforts to communicate compliance concepts.
• Participate in assigned special projects or requests and complete assigned work within agreed upon time frame and specified guidelines.
• Timely process biographical affidavits, fingerprint investigations, trade name approvals.
• Act as a liaison for regulatory filing topics with other departments in the US and MINT.
• Provide responses to inquiries that successfully communicate the department’s compliance requirements.
• Participate in educational opportunities to enhance job related skills and knowledge.

Preferred Qualifications

No preferred qualifications provided.