Senior Insurance Compliance Analyst

Senior Insurance Compliance Analyst

This is your opportunity to join AXIS Capital a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

How does this role contribute to our collective success?

The Senior Insurance Compliance Analyst will have responsibility for identifying and analyzing insurance laws, regulations and bulletins that pertain to the company's Property & Casualty (P&C) insurance products. The successful candidate must demonstrate an intimate knowledge of P&C insurance products and a strong understanding of the different state laws that impact the usage of forms, policyholder notices and state specific endorsements for such products. The position requires a strong sense of individual responsibility, critical thinking, and attention to detail.

What will you do in this role?

Identify and analyze new insurance laws, regulations and bulletins to determine applicability to existing P&C products. Track legislation for existing P&C products and provide guidance on product revisions. Monitor bulletins and circulars from Rate Service Organizations (including ISO) and Independent Bureaus as applicable for impact to the company's P&C products. Maintain and continue to develop internal repository of all state specific forms and policyholder notices required for each P&C product on both an admitted and non-admitted basis. Research statutes, regulations, bulletins and cases to provide guidance to the product development team on how such authorities impact the structure and forms for P&C products. Collaborate with compliance / legal, underwriting, actuarial, claims and operations staff to ensure P&C products comply with state requirements. Develop internal tools and resources that outline certain state requirements for P&C products. Research general subject matter requests as necessary using on-line resources inclusive of insurance law applications and other available resources. You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You :

Bachelor's degree coupled with relevant experience reviewing insurance laws, regulations and bulletins. 4+ years of experience in the Property & Casualty insurance industry, preferably with an insurer writing commercial specialty lines of business. Familiarity with ISO circulars and insurance product structures. Excellent communication, time management and organizational skills. Ability to work with individuals at all levels and various departments throughout the company. Detail-oriented, with strong analytical, problem-solving, and decision-making abilities. Proven ability to manage multiple priorities and adapt to shifting deadlines, including recognizing when to escalate issues appropriately. Proficiency with Microsoft Office Suite applications (Word, Excel and PowerPoint). Proficiency with navigating legal resources and sites to identify state authorities that may impact P&C products (Lexis Nexis, Wolters Kluwer and DOI websites).

Role Factors :

In this role, you will typically be required to be in the office averaging 3 days per week and as required to perform your job.

What we offer :

For this position, we currently expect to offer a base salary in the ranges of $125,000 $150,000 (New York), $120,000 $150,000 (New Jersey), $120,000 - $145,000 (Chicago), and $115,000 - $140,000 (Alpharetta). Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more. Where this role is based in the United States of America, this role is Exempt for FLSA purposes.