What are the responsibilities and job description for the Quality and Compliance Specialist position at AmTrust Financial?
Quality and Compliance Specialist
Job Locations
US-MA-TBD
Requisition ID
2024-17790
Category
Operations - Claims Support
Position Type
Regular Full-Time
Overview
Responsible for executing quality and compliance assessments and / or engaging in regulatory management activities. Partners with key stakeholders to improve compliance with state laws and measures adherence to internal claims procedures. Acts as a trusted advisor for the business. Delivers actionable reporting on time and meets compliance deadlines. Maintains a solid understanding of AmTrust's mission, vision, and values. Upholds the standards of the AmTrust organization.
Responsibilities
Performs moderately complex scheduled assessments of key business processes, state requirements, and legal activities, under limited supervision.
- Performs target assessments of a designated process to identify key opportunities to improve operational efficiency, claim outcomes, and / or customer experience.
- Serves as an informal subject matter expert resource, assisting the business with quality, compliance, and legal questions related to process execution.
- Creates consumable reports and delivers assessment results to the appropriate level of leadership and applicable stakeholders.
- Analyzes and interprets data to monitor trends, identify root causes, and partners with the business to proactively isolate issues and support the development of measurable action plans.
- Conducts activities related to regulatory oversight such as market conduct exams, state licensing, consumer complaints, and data calls.
- Prioritizes tasks effectively, meeting assessment / project due dates, and identifies and escalates competing demands and / or dependencies.
- Acquires and applies a growing knowledge of the regulatory landscape to ensure proper compliance with laws and internal processes.
- Develops and maintains a strong understanding of QA methodologies, tools, and risk management principles.
- Keeps current with market trends and demands.
- Performs other duties as assigned.
Qualifications
Preferred :
This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.
What We Offer
AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include : Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.
AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.
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