Skip to main content

This job has expired

Director, Compliance Analysis

Employer
Liberty Mutual Insurance
Location
Seattle, Washington State
Salary
Not Specified
Closing date
Aug 30, 2019

View more

Category
Legal / Compliance, Sales
Job Type
Not Specified
Career Level
Not Specified

Job Details

Advance your career at Liberty Mutual Insurance - A Fortune 100 Company!

Performs complex compliance research and regulatory analysis in order to monitor regulations, assess risk, and mitigate concern in support of business operations according to defined project plans. Assesses compliance of Product rules, guidelines, procedures, and programs. Oversees projects that are complex in nature and require greater expertise, typically for states with higher volume and/or regulatory scrutiny.

Responsibilities:

  • Manages a team of analysts that independently analyzes company's regulatory compliance, filing, and forms; postures and leads the development of control recommendations.
  • Consults with product management, underwriting, distribution, and claims management to keep field abreast of changes. Acts as a thought partner to drive department tactics and strategy development.
  • Coordinate multiple Product Compliance projects to ensure state and countrywide compliance. Use various resources to compile information and independently develop recommendations to address problems/issues. Provide clear measures of success and independently drive implementation efforts.
  • Working with Product Management, lead efforts to ensure compliance with underwriting, filing, forms, and regulatory or statutory changes in assigned states. Drive revisions as needed, including process changes, underwriting updates, revising forms, filing the revisions, and/or systems changes. Own communication of changes to impacted stakeholder groups including issuing organizational bulletins, and completion of post implementation cross checks.
  • Responsible for addressing product compliance inquiries from the organization. Guiding analyst research regarding regulations, products, filing, forms, rules, and competition. Provide fully vetted business impacts and detailed recommendations to improve and streamline compliance controls.
  • Oversees complex internal compliance audits and risk assessments, including documentation, process flows, and testing - including reporting to track changes and results. Drive development of recommendations to help improve the compliance and efficiency of the business. Act as a thought partner with the business in their effort to address noted concerns.
  • Provides oversight to response to complaints from Departments of Insurance, Regulatory Agencies, customers and other interested parties. Proactively identifies concerning trends and independently develops recommendations to address organizational risk.
  • Takes a proactive role in identifying process deficiencies within the organization and works with manager, co-workers and customers to execute process improvement initiatives.
  • Manages 3-6 analysts as they complete work in alignment with above responsibilities.

Depending on experience, this position can be a Manager, Compliance Analysis or

Director, Compliance Analysis.

Qualifications:

  • Bachelor's degree in a quantitative subject (e.g.: Mathematics, Finance, Economics) or Legal/Political Science/Insurance and experience with quantitative analysis preferred; minimum 4 to 6 years of experience, including a minimum of 1 to 3 years of managerial experience.
  • Knowledge of insurance principles and concepts required.
  • Solid technical and regulatory knowledge of personal lines coverage, manuals and inter-departmental responsibilities.
  • Strong understanding of potential impact to other departments such as Finance, UW, Claims, Stats, IT, Legal and Sales based on actions taken is required.
  • Excellent project management, process improvement, written and oral communication, presentation, analytical, and management skills.
  • Ability to influence Senior Management.
  • Advanced analytical/problem solving and research skills.

Benefits:

We value your hard work, integrity and commitment to positive change. In return for your service, its our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits.

Overview:


At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.

Were dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.

Company

When people have a sense of security, they are free to relax, venture out, and live their lives. This is the feeling Liberty Mutual brings to the world every day. Founded in 1912, we are a global leader in property and casualty insurance, focused on protecting and preserving the lives and dreams of customers in more than 30 countries. With over 50,000 employees throughout the world, we offer you the chance to work for an evolving, growing company with a deep sense of humanity and a commitment to diversity and philanthropy. Join our team and go to work knowing that what you do matters. Because really it does.

 

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert