Risk and Compliance Analyst

Risk & Compliance Analyst

A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway's insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Learn more about our unique culture and history.

BHSI has an exciting opportunity for a Risk & Compliance Analyst. This new position on BHSI's dynamic Global Legal, Compliance, Risk, & Governance (LCRG) team will primarily support the North America Compliance team and Global Data Protection Officer in continuing to enhance and operationalize BHSI's risk and compliance policies and procedures. The position will have an active role in the execution of our compliance framework, including data privacy and AI governance, which supports our global risk and compliance framework. This position is based in our Boston or New York office, and we would consider our other office locations for a candidate with the desired skills and experience. If you are passionate about doing meaningful work on an exceptional team, with opportunity to grow your career, we would love to hear from you!

Duties & Responsibilities:

• Engage with business and functional stakeholders to identify risks and document controls.
• Collaborate with risk and compliance teammates in all regions to ensure consistency in approach and efficiency in deliverables.
• Work with North America Compliance teammates regarding regulatory obligations and compliance initiatives.
• Support the data privacy and protection function including responding to data subject access requests, incident response, records retention and data destruction operations, and third party risk management.
• Assist with drafting, implementing, managing, and updating risk and compliance policies and procedures.
• Support knowledge management and compliance training initiatives.
• Horizon scanning for emerging risks and regulations.
• Other projects, as appropriate.

Qualifications, Skills and Experience:

• 5+ years' experience in a compliance and/or risk function, preferably at an insurance or other financial services firm
• Experience with risk management and compliance frameworks.
• Familiarity with global insurance/financial regulatory bodies (NYDFS, OSFI, FCA/PRA, CBI, MAS, APRA) and regulatory communication.
• Familiarity with global data protection regulations (including GLBA, GDPR, PIPEDA, CCPA/CPRA and other US State privacy regulations, NAIC data security model act). CIPP or CIPM designation preferred.
• Understanding of AI risks, responsible AI concepts, and emerging AI regulatory requirements.
• Excellent oral and written communication skills, including experience with executive presentation and board reporting.
• Ability to work both collaboratively and independently, with others domestically and globally.
• Time management, prioritization and project management skills.
• Proficiency with M365 environment, including SharePoint, Teams, and CoPilot

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
• Benefits that support your life and well-being, which include:
• Comprehensive Health, Dental and Vision benefits
• Disability Insurance (both short-term and long-term)
• Life Insurance (for you and your family)
• Accidental Death & Dismemberment Insurance (for you and your family)
• Flexible Spending Accounts
• Health Reimbursement Account
• Employee Assistance Program
• Retirement Savings 401(k) Plan with Company Match
• Generous holiday and Paid Time Off
• Tuition Reimbursement
• Paid Parental Leave

The base salary range for this position is $100,000 to $120,000, along with annual bonus eligibility. Total compensation for a candidate is determined by their relevant skills, location, and experience. We value our teammates both their capabilities and character as demonstrated by our amazing culture.

NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.