The Company

At Utica National Insurance Group, we employ over 1,400 people across the United States who are dedicated to our corporate promise: To make people feel secure, appreciated, and respected. As an AM Best “A” rated, $1.5 billion award-winning, nationally recognized property & casualty insurance carrier, we operate along the Eastern half of the United States with our Home Office in Central New York and Regional Offices in cities such as Boston, NYC, Chicago, Atlanta, and Dallas.

What you will do

• Research, analyze and summarize new and existing state and federal laws, regulations and mandates to evaluate impact on company operations and document compliance requirements. Monitor changes to legal and regulatory requirements to mitigate risks and achieve compliance.
• Build strong, trusting relationships with business customer teams and compliance liaisons and serve as a reference to those partners.
• Disseminate information regarding legislative or regulatory enactments to appropriate business unit, manager and compliance liaison.
• Review industry publications and monitor pending legislation and regulations to determine impact of new laws or regulations on company's operations and assess compliance.
• Work with various business units and/or compliance liaisons to implement regulatory and/or legislative enactments and, where possible, assist business unit in establishing and implementing standard policies, procedures, processes and best practices to promote compliance with applicable laws.
• Track the completion of the implementation of the new law or regulation to determine compliance
• Prepare reports to Board Committees regarding legislative activity.
• Respond to issues/questions posed by business units and compliance liaisons regarding legislative content and intent and compliance with applicable regulatory requirements. Work with legal where necessary.
• Review complaints, track responses to the insurance department and determine and respond to any complaint trends. Maintain complaint log as required by state law.  Prepare reports for Board Committees regarding complaint activity.
• Report to Compliance Officer/Assistant Compliance Officer/General Auditor any area of noncompliance, or where implementation dates may be missed.
• Manage company’s response to regulatory inquiries, surveys, etc. to ensure company responses are timely, accurate and complete.  Coordinate with senior business leaders to handle responses to regulatory inquiries, surveys, etc. on areas within responsibility
• Working knowledge of our policy systems both personal and commercial lines to identify potential defects, rating or coverage issues. Ability to review Root Cause Analysis to determine source of defect and offer potential recommendations for corrections while maintaining strict adherence to filed rates, rules, forms.
• Monitor progress of open issues for CEO.  Follow up with senior business leaders to ensure completion in significant corporate initiatives.  Prepare monthly report to CEO of status for all outstanding issues.
• Ability to review business requirements for accuracy from a compliance perspective.  Make recommendations where appropriate.  Ensure system implementations are compliant with regulations and filings.
• Manage responses to regulatory exams, interacting with regulators and senior business leaders to ensure responses are timely, accurate and complete.
• Monitor progress of open issues for CEO.  Follow up with senior business leaders to ensure completion in significant corporate initiatives.  Prepare monthly report to CEO of status for all outstanding issues.
• Provide Internal Auditors information for compliance requirements as applicable to the scope of each exam.
• Perform annual Quality Assurance Improvement Process reviews on sample of audits performed by each auditor to ensure compliance with IIA and NAIC standards.

Additional Responsibilities:

• Managing software contracts and payments for compliance software.
• Handle special projects, such as compliance investigations.
• Resolve and/or escalate issues in a timely fashion to meet necessary effective/statutory due dates.
• Performs other duties as assigned.
• Conforms with all corporate policies and procedures.

What will you need

• Education: Bachelor's Degree preferred.
• Experience: 4-7 years in Compliance or Business Analyst role.

Salary Range: $69,502.8 - $104,254.2

The final salary to be paid and position within the internal salary range is reflective of the employee’s work experience, their geographic location, education, certification(s), scope and responsibilities in the role, and additional qualifications.

Benefits:

We believe strongly that talented people are core to our success and are attracted to companies that provide competitive pay, comprehensive benefits packages, career advancement and challenging work opportunities. We offer a Comprehensive Benefits Plan for full time employees that include the following:

• Medical and Prescription Drug Benefit
• Dental Benefit
• Vision Benefit
• Life Insurance and Disability Benefits
• 401(k) Profit Sharing and Investment Plan (Includes annual Company financial contribution and discretionary Profit Sharing contribution based upon annual company financial results)
• Health Savings Account (HSA)
• Flexible Spending Accounts
• Tuition Assistance, Training, and Professional Designations
• Company-Paid Family Leave
• Adoption/Surrogacy Assistance Benefit
• Voluntary Benefits - Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance
• Student Loan Refinancing Services
• Care.com Membership with Back-up Care, Senior Solutions
• Business Travel Accident Insurance
• Matching Gifts program
• Paid Volunteer Day
• Employee Referral Award Program
• Wellness programs

Additional Information:

This position is a full time salaried, exempt (non overtime eligible) position. 

Utica National is an Equal Opportunity Employer.

Apply now and find out what it’s like to be a part of an amazing team, thrive in an exciting environment and work for a company you can be proud of. Once you complete your application, you can monitor your status in the hiring process by logging into your profile. A representative from our Talent Acquisition team will be in touch regarding any change in your candidacy.  

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