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Regulatory Analyst with Property & Casualty Insurance Experience

Employer
Travelers Insurance
Location
Hartford, Connecticut
Salary
Not Specified
Closing date
Dec 11, 2019

View more

Category
Claims, IT
Job Type
Not Specified
Career Level
Not Specified

Job Details

Company Information
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Job Summary
In the Business Insurance State & Bureau Regulatory Affairs Department, the Regulatory Analyst will manage the development, submission, negotiation and approval of rate, rule and form filings. The position will provide support to business units on filing related issues and coordinate interaction with business unit representatives, Legal, Government Affairs and other areas to assure appropriate individuals are involved during the course of a filing.

Primary Job Duties & Responsibilities
  • Develop and prepare rule, rate and form filings to achieve business unit objectives and gain regulatory approval. This includes providing direction and support to the business units in the development and preparation of the material to be filed.
  • In conjunction with Regulatory Manager, develops the overall filing strategy.
  • Manage the communication and negotiation of filings with state insurance departments in a manner that will result in timely approval of company products. Apply problem solving techniques to assist business unit personnel when responding to regulatory issues. Communicate with appropriate company personnel to ensure timely implementation of filings.
  • Review and analyze state insurance department statutes, regulations, bulletins, etc. to determine filing and regulatory requirements. Stay current on changes and developments that impact insurance design and development, in addition to filing requirements. In conjunction with peers and/or manager, interpret state insurance statutes, regulations, etc. to provide guidance and direction to business units.
  • Manage bureau (ISO, NCCI) associated filings and related issues.
  • Develop and maintain extensive personal contacts with state insurance department staff.
  • Represent the company at industry meetings.
  • Perform other related duties, including short or long term projects, as assigned by senior staff.


Minimum Qualifications
High School Diploma and minimum 2 years insurance knowledge required.

Education, Work Experience & Knowledge
  • Knowledge of regulatory and compliance aspects of the insurance industry.
  • Knowledge of business line products, including company organization and procedures.
  • Ability to develop strong oral and written communication skills; ability to negotiate skillfully and successfully.
  • Strong analytical and research skills.
  • Strong prioritization and organizational skills.
  • Knowledge of various computer applications (Email, Microsoft Word, etc.)


Job Specific & Technical Skills & Competencies
COMPETENCIES:
  • Technical/Business Competence: Strong knowledge of general regulatory requirements as they relate to commercial insurance. Develop expertise in state regulations for assigned states. Develop problem solving skills and ability to identify complex, critical and sensitive filing issues. Quality work products that are accurate, clear, concise and thorough.
  • Communication: Ability to concisely present complex regulatory issues. Understands, synthesizes and conveys complex data. Solid verbal and written communication skills. Communicates effectively at all levels across the organization.
  • Self-Management: Takes responsibility for decisions and actions. Ability to prioritize and multi-task duties and projects on a timely basis. Establishes self as credible, reliable and available both within and outside the organization. Understands the business and responds to all related issues and problems in a timely manner.
  • Interpersonal Skills/Contribution to Overall Effectiveness of Unit: Establish and maintain cooperative relationships across organizational lines. Willing to accept new responsibilities and adapt to change. Ability to represent the company as its spokesperson, work in a sensitive environment and promote the company image. Works independently and in a team environment; promotes teamwork.


Equal Employment Opportunity Statement
Travelers is an equal opportunity employer.

Company

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WHO WE ARE

Imagine a Career With Purpose.

For more than 160 years Travelers has earned a reputation as a leader in personal, business and specialty insurance because we take care of our customers. When you work at Travelers, life’s most important moments become your life’s work. That means helping families feel secure, businesses to prosper, knowing that you’ve made a difference, and feeling like you belong to something bigger.


LIFE AT TRAVELERS

Imagine Playing a Role in Something Bigger.

A career at Travelers means being part of a team comprised of 30,000 + talented and passionate people that’s evolving to meet changing needs – from customer service to data science and beyond. If that’s more than you imagined in an insurance career, it’s time to join us at Travelers.


JOIN OUR TALENT COMMUNITY
As a part of our Talent Community, you will receive customized job alerts, be the first to know about opportunities to work at Travelers, and stay connected with our recruiters!

 

 

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