Berkley

Compliance Analyst (Insurance)

Location Name MA, Marlborough - 400 Donald J Lynch Boulevard
ID
2024-10492
Date Posted
1 month ago(5/17/2024 10:28 AM)
Company
Berkley Accident & Health
Primary Location
US-MA-Marlborough
Loc2
Connecticut
Loc3
NJ, Hamilton Square
Loc4
Pennsylvania
Loc5
Georgia
Category
Compliance

Company Details

Berkley_Accident_&_Health_Logo

 

Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics, we can help employers better manage their risk. We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident. The key to Berkley’s success is our nimble approach to risk – our ability to quickly understand, think through, and devise a plan that addresses each client’s challenges, coupled with the strong backing of a Fortune 500 company. Our parent company, W. R. Berkley Corporation, is one of the largest and best managed property/casualty insurers in the United States.

 

The company is an equal employment opportunity employer.

Responsibilities

We have an opportunity for a Compliance Analyst to join our Berkley Accident and Health team (BAH)! You will be responsible for the collaboration of design, development, implementation, and support for all compliance programs, both at the corporate and business unit level for the company. 

 

We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!   

 

Key functions include but are not limited to:

  • Collaborate with business partners on drafting compliance policies, procedures, guidelines, strategic plans, and program standards
  • Creation and implement internal controls that ensure compliance with federal and state laws and regulations, including but not limited to advertising review, complaint handling, third party outsourcing, producer appointments, claims, billing, quotations, and policy issuance 
  • Maintain a database of compliance filings including the due dates and status of the filings; prepare reports on the status of filing projects for Management personnel
  • Assist in filing of state specific contract language, filing and negotiating for regulatory approval in the required jurisdictions and providing instructions for its use
  • Fulfill all Regulatory reporting requirements to ensure timely responses are submitted to regulatory agencies
  • Draft policy forms and endorsements and seek consensus among the business partners
  • Research and manage the compliance implications of new products and enhancements as well as other corporate strategic initiatives
  • Collaborate in creating and delivering employee training with regard to compliance/standards rules and regulations
  • Proactively work on compliance projects 

 

Qualifications

  • Bachelor's Degree preferred
  • 3+ years of compliance experience within the insurance industry or highly regulated industry
  • Excellent organizational, verbal, and written communication as well as interpersonal and relationship building skills with the ability to influence and add value to the organization
  • Detail oriented with a high degree of accuracy and ability to multitask
  • Must be self-motivated and have the ability to work independently
  • Must be highly motivated and able to handle multiple priorities in a consistently changing environment
  • Ability to think strategically about process enhancements; be able to embrace and manage change
  • Strong problem solving, decision-making, reporting and analytical skills
  • Must possess good judgment and work effectively with Insurance Departments and internal business areas

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed

Connect With Us!

Not ready to apply? Connect with us for general consideration.