General
Job Title : Compliance Analyst (Products & Filings)
Division : Compliance
Reports To : Compliance Manager
Key Relationships : Global compliance team and any other functions, business units, state insurance department personnel as may be required
Job Summary : Responsible for form and rate filings, including filing preparation, submission of filing, development of responses to state criticisms, and implementation of filing results, including system work and communication to IT and underwriting.
FLSA : Exempt
Key Responsibilities
This position involves the following major job functions, all of which would be performed under the supervision and direction of the Compliance Manager responsible for form and rate filings :
o Format all forms to the extent necessary for preparation for filing;
o Prepare cover letters, forms listings and other documentation needed for filing forms and / or rates using SERFF;
o Set up filings in SERFF;
o Submit filings for states assigned to Compliance Analyst.
o Prepare and disseminate filing status reports;
o Prepare, submit, and verify the accuracy of approval processing forms following established procedures;
o Document filings and prepare filings reports at the direction of the Compliance Manager.
o Raise rate and form issues with the Compliance Manager and respond to these issues at his / her direction, including referring rate issues to the Company's actuarial consultant, addressing clear cut forms issues and working with the Senior Regulatory Counsel, Regulatory Counsel and business / wordings partners on complex forms issues;
o Research issues raised by regulators using NILS, and state department of insurance web sites, and other research tools available to the Regulatory and Products & Filings team;
o Communicate issues in a clear and concise manner to business when needed, and obtain their input as needed to respond to state criticisms;
o Communicate in a professional, clear and concise manner with state regulators regarding issues to filings.
General
It is important that within all your interactions both internally and externally you adhere to Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to :
Education and Qualifications
Skills and Abilities
Knowledge and Experience
Aptitude and Disposition
Competencies
Who We Are :
Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer.
Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.
Our Culture
We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.
Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & diversity and sustainability targets are testament to this.
We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.
Explore a variety of networks to assist with professional and / or personal development. Our Employee Networks include :
We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as :
The Rewards
Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $70,000-$75,000 per year plus discretionary annual bonus.
Don't meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.
Compliance Analyst • West Hartford, Connecticut, United States