Kansas City, MO, US Windsor, CT, US
Regulatory Operations Compliance Specialist
Are you passionate about navigating the complex world of insurance regulations? Join Swiss Re's Regulatory Operations team as a Compliance Specialist and become an essential part of our success in the North American market! In this dynamic role, you'll guide our business through the intricate product filing lifecycle while ensuring regulatory compliance across multiple states.
About the Role
As a Compliance Specialist, you'll be at the intersection of business strategy and regulatory requirements, collaborating with key stakeholders and state departments of insurance to develop effective filing strategies. Your expertise will help shape our product offerings while ensuring they meet all necessary compliance standards.
Key Responsibilities
- Manage state filings - Create and submit state rate, rule, and form filings aligned with business objectives and regulatory requirements, including research to respond to objections and communication and negotiation with insurance departments
- Analyze regulatory changes - Review and interpret state insurance department statutes, regulations, and bulletins to determine impact, staying current on developments affecting insurance design
- Support implementation - Ensure timely implementation of approved forms for various policy issuance systems, providing detailed instructions for programming and compliance requirements
- Maintain tracking systems - Keep Swiss Re's internal tracking systems updated with accurate regulatory compliance information and review/sign-off on weekly/monthly production move regression testing
- Project management – Own the planning, scheduling and timely execution of key deliverables in the filing lifecycle.
The position is flexible to our Kansas City, MO or Windsor, CT offices. Our company has a hybrid work model where the expectation is that you will be in the office a minimum of three days per week.
About the Team
We are the Regulatory Operations Product Services team providing support to multiple Corporate Solutions businesses across the globe. We have a diverse set of skillsets and work collaboratively with departments in the organization to comply with state regulatory requirements and implement product and regulatory changes. No two days are alike as we navigate an ever-changing product and regulatory environment. We work together as a team to help our teammates, train, and mentor our new colleagues, and pursue constant improvement.
About You
You're a critical thinker who thrives in a fast-paced environment. Self-motivated and proactive, you need minimal supervision to be productive and excel at managing multiple projects with competing deadlines. You anticipate challenges, think strategically through to the endgame, and find effective solutions. Your collaborative nature makes you effective in both independent work and team settings within our global matrix environment.
We are looking for candidates who meet these requirements:
- College degree or equivalent work experience
- 2-5 years' experience in insurance rate and form filing, policy issuance system implementation, or other insurance regulatory related work
- Familiarity with Bureau Circulars (i.e., ISO, AAIS, etc.)
- Strong written and oral communication skills
- Proficiency with essential tools: Word, Excel, SERFF, iFile, NILS, ISOnet, PowerPoint, Outlook, and SharePoint
These are additional nice to haves:
- Advanced negotiation and problem-solving abilities
- Experience in a global or matrix organization
- Knowledge of multiple insurance product lines
- Project management experience
The estimated base salary range for this position is $74,000 to $112,000. The specific salary and title offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
Keywords:
Reference Code: 135962
Nearest Major Market: Kansas City
Job Segment:
Compliance, Operations Manager, Law, HR, Claims, Legal, Operations, Human Resources, Insurance