What are the responsibilities and job description for the Corporate Compliance Analyst position at Amica Insurance?
Description
Corporate Compliance Analyst
100 Amica Way, Lincoln, RI, 02865
Thank you for considering Amica as part of your career journey, where your future is our business.
At Amica, we pride ourselves on being an inclusive and supportive environment. We all work together to accomplish the common goal of providing the best experience for our customers. We believe in trust and fostering lasting relationships for our customers and employees! We’re focused on creating a workplace that works for all. We’ll continue to provide training, guidance, and resources to make Amica a true place of belonging for all employees. Want to learn more about our commitment to diversity, equity, and inclusion? Visit our DEI page to read about it!
As a mutual company, our people are our priority. We seek differences of opinion, life experience and perspective to represent the diversity of our policyholders and achieve the best possible outcomes. Our office located in Lincoln, RI is seeking an experienced Corporate Compliance Analyst to join the team!
As a compliance analyst, you will be responsible for ensuring that our company adheres to all relevant laws, regulations, and policies in the auto and home insurance industry. You will monitor, analyze, and report on compliance issues, risks, and trends, and provide recommendations for improvement. You will also collaborate with other departments and stakeholders to develop and implement compliance policies, procedures, and training programs.
This is a hybrid position that requires three days per week in our Lincoln, RI office and provides two work from home days per week.
Responsibilities
The safety and security of our employees and our customers is a top priority. Employees may have access to employees’ and customers’ personal and financial information in order to perform their job duties. Candidates with a criminal history that imposes a direct or indirect threat to our employees’ or customers’ physical, mental or financial well-being may result in the withdrawal of the conditional offer of employment.
About Amica
Amica Mutual Insurance Company is America’s oldest mutual insurer of automobiles. A direct national writer, Amica also offers home, marine and umbrella insurance. Amica Life Insurance Company, a wholly owned subsidiary, provides life insurance and retirement solutions. Amica was founded on the principles of creating peace of mind and building enduring relationships for and with our exceptionally loyal policyholders, a mission that thousands of employees in offices nationwide share and support.
Equal Opportunity Policy: All qualified applicants who are authorized to work in the United States will receive consideration for employment without regard to race, color, religion, sex, gender, gender identity, gender expression, sexual orientation, family status, ethnicity, age, national origin, ancestry, physical and/or mental disability, mental condition, military status, genetic information or any other class protected by law. The Age Discrimination in Employment Act prohibits discrimination on the basis of age with respect to individuals who are 40 years of age or older. Employees are subject to the provisions of the Workers' Compensation Act.
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Corporate Compliance Analyst
100 Amica Way, Lincoln, RI, 02865
Thank you for considering Amica as part of your career journey, where your future is our business.
At Amica, we pride ourselves on being an inclusive and supportive environment. We all work together to accomplish the common goal of providing the best experience for our customers. We believe in trust and fostering lasting relationships for our customers and employees! We’re focused on creating a workplace that works for all. We’ll continue to provide training, guidance, and resources to make Amica a true place of belonging for all employees. Want to learn more about our commitment to diversity, equity, and inclusion? Visit our DEI page to read about it!
As a mutual company, our people are our priority. We seek differences of opinion, life experience and perspective to represent the diversity of our policyholders and achieve the best possible outcomes. Our office located in Lincoln, RI is seeking an experienced Corporate Compliance Analyst to join the team!
As a compliance analyst, you will be responsible for ensuring that our company adheres to all relevant laws, regulations, and policies in the auto and home insurance industry. You will monitor, analyze, and report on compliance issues, risks, and trends, and provide recommendations for improvement. You will also collaborate with other departments and stakeholders to develop and implement compliance policies, procedures, and training programs.
This is a hybrid position that requires three days per week in our Lincoln, RI office and provides two work from home days per week.
Responsibilities
- Review and update compliance policies and procedures to reflect current best practices and regulatory requirements.
- Conduct compliance audits and assessments to identify and mitigate compliance risks and gaps.
- Prepare and submit compliance reports to senior management and regulatory authorities as required.
- Research and monitor changes in the auto and home insurance industry, laws, regulations, and standards, and communicate them to relevant departments and staff.
- Assist in the development of controls and control testing for the compliance program in collaboration with the Compliance Officer.
- Provide compliance advice and guidance to staff and management on compliance-related matters, such as policies, procedures, contracts, products, and services.
- Develop and deliver compliance training and awareness programs to staff and management.
- Participate in compliance projects and initiatives and support the compliance officer and team in achieving compliance goals and objectives.
- Collaborate with various departments to address compliance issues and improve processes.
- Keep abreast of new laws and regulations impacting the insurance industry.
- A bachelor's degree in business, law, or a related field is preferred.
- At least two years of experience in compliance, risk management, audit, or legal in the auto, home, or life insurance industry.
- Experience with the development of controls and control testing.
- Knowledge of auto, home, or life insurance products, services, operations, and regulations.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication, presentation, and interpersonal skills.
- High attention to detail, accuracy, and quality.
- Ability to work independently and collaboratively in a fast-paced and dynamic environment.
- Proficiency in Microsoft Office and other relevant software and tools.
- Medical, dental, vision coverage for single or family, short- and long-term disability, and life insurance
- Paid Vacation – you will receive at least 13 vacation days in the first 12 months, amounts could be greater depending on the role. While able to use prior to accrual, vacation time will accrue monthly.
- Holidays - 14 paid holidays observed
- Sick time - 6 days sick time at hire, 6 additional days sick time at 90 days of employment
- Generous 401k with company match and immediate vesting. Additionally, annual 3% non-elective employer contribution
- Annual Success Sharing Plan - Paid to eligible employees if company meets or exceeds combined ratio, growth and/or service goals
- Generous leave programs, including paid parental bonding leave
- Student Loan Repayment and Tuition Reimbursement programs
- Generous fitness and wellness reimbursement
- Employee community involvement
- Strong relationships, lifelong friendships
- Opportunities for advancement in a successful and growing company
The safety and security of our employees and our customers is a top priority. Employees may have access to employees’ and customers’ personal and financial information in order to perform their job duties. Candidates with a criminal history that imposes a direct or indirect threat to our employees’ or customers’ physical, mental or financial well-being may result in the withdrawal of the conditional offer of employment.
About Amica
Amica Mutual Insurance Company is America’s oldest mutual insurer of automobiles. A direct national writer, Amica also offers home, marine and umbrella insurance. Amica Life Insurance Company, a wholly owned subsidiary, provides life insurance and retirement solutions. Amica was founded on the principles of creating peace of mind and building enduring relationships for and with our exceptionally loyal policyholders, a mission that thousands of employees in offices nationwide share and support.
Equal Opportunity Policy: All qualified applicants who are authorized to work in the United States will receive consideration for employment without regard to race, color, religion, sex, gender, gender identity, gender expression, sexual orientation, family status, ethnicity, age, national origin, ancestry, physical and/or mental disability, mental condition, military status, genetic information or any other class protected by law. The Age Discrimination in Employment Act prohibits discrimination on the basis of age with respect to individuals who are 40 years of age or older. Employees are subject to the provisions of the Workers' Compensation Act.
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