1 Compliance Analyst (Insurance) Job in Hamilton, NJ
Berkley Accident &Health is Hiring a Compliance Analyst (Insurance) Near Hamilton, NJ
The company is an equal employment opportunity employer.
ResponsibilitiesWe 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
- 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
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
Job Summary
Full Time
$83k-104k (estimate)
06/05/2024
07/05/2024
berkleyah.com
Trenton, NJ
100 - 200
Related Companies
The job skills required for Compliance Analyst (Insurance) include Risk Management, Initiative, Problem Solving, Written Communication, Collaboration, Analytical Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Compliance Analyst (Insurance). That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Compliance Analyst (Insurance). Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Compliance Analyst (Insurance) positions, which can be used as a reference in future career path planning. As a Compliance Analyst (Insurance), it can be promoted into senior positions as a Compliance Specialist IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compliance Analyst (Insurance). You can explore the career advancement for a Compliance Analyst (Insurance) below and select your interested title to get hiring information.
If you are interested in becoming a Compliance Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Compliance Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Compliance Analyst job description and responsibilities
Compliance analysts can help ensure that your organization's products or processes meet compliance specifications.
03/13/2022: Hopkinsville, KY
They can audit members of professional organizations to determine whether they meet the standards set by the organization.
03/11/2022: Fresno, CA
Most of them contribute to security designs through acquisitions and/or system developments to deliver and maintain a compliant system.
02/10/2022: Clearwater, FL
Help companies remain compliant with regulations, thus preparing them for audits.
03/13/2022: Columbus, OH
The compliance analyst has a duty to maintain legal and regulatory compliance by researching, analyzing, and communicating regulatory requirements and obtaining the appropriate approvals.
02/27/2022: Casper, WY
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Compliance Analyst jobs
Every compliance analyst has slightly different duties, tasks, and responsibilities due to varying job descriptions.
12/30/2021: Billings, MT
Smaller organizations still focus on having a single compliance specialist rather than a complete department.
01/25/2022: Santa Cruz, CA
Sometimes, the compliance analyst works along with the compliance head and other compliance officers.
01/26/2022: Denver, CO
Ability to accurately complete applications for compliance certification.
03/08/2022: Fayetteville, AR
Get Certifications and Continue Learning.
12/24/2021: Saginaw, MI
Step 3: View the best colleges and universities for Compliance Analyst.
Similar Jobs
Popular Articles
