What are the responsibilities and job description for the Vice President position at Crum & Forster?
Crum & Forster Company Overview
Since 2000, Crum & Forster’s Accident & Health division (A&H) has offered a diverse portfolio of specialty insurance and reinsurance products nationwide. We place a strong focus on product development and creative distribution methods, along with excellent client service and support.
In addition to our robust domestic portfolio, which spans both special risk and medical solutions, A&H works on an international basis through various partnerships. Our global capabilities provide our partners with even broader flexibility in underwriting solutions.
The qualities and capabilities of Crum & Forster Accident & Health demonstrate our philosophy of building meaningful, long-term partnerships and our dedication to providing alternative strategies in an ever-changing insurance market.
Job Description
Information about the Role, Line of Business and Team :
We are currently seeking to hire a VP Compliance to join our Accident and Health Legal, Regulatory & Compliance department. The role is responsible for leading the Compliance functions for Crum & Forster’s A&H division by driving, developing, and maintaining an effective compliance program for all Life and Accident & Health products marketed through multiple distribution channels, both domestically and internationally.
The role shall provide strategic leadership in a demanding environment to support the A&H Division’s growth goals in transforming regulatory guidance regarding product development and policy issuance by partnering with stakeholders, making viable recommendations, and presenting solutions to drive change within the A&H Division that minimizes risk, while achieving goals without compromising compliance and / or regulatory requirements.
The role will provide leadership as a consensus builder for internal and external stakeholders by informing, providing guidance, and proposing practical and effective solutions to address any compliance and / or regulatory challenges. This role shall also oversee the advertising review process.
The role shall drive strategies and plans to stay abreast of regulatory and compliance issues affecting the A&H Division’s product lines.
What you will do :
- Manage compliance staff and assigned resources responsible for core compliance functions critical to regulatory and compliance performance of the organization.
- Coordinate development and implementation of business policies and procedures to ensure compliance.
- Perform analyses of the Company’s regulatory compliance and develop recommended compliance solutions.
- Provide ongoing coaching, supervision, and development of compliance department staff.
- Manage the development of compliant products to support business objectives and initiatives.
- Act as a product resource to ensure A&H growth and diversification initiatives.
- Develop and implement necessary state filing strategies.
- Manage internal product filing resources; retain and manage filing consultants as needed.
- Perform internal audits to ensure compliance.
- Remain abreast of emerging industry trends / issues and recommend / implement changes to processes.
- Research complex compliance issues and provide concise, timely technical responses to ensure compliance and business objectives are being met.
- Monitor the performance of the compliance program and related activities on a continuing basis, taking appropriate steps to improve its effectiveness and ensure training and awareness.
- Manage and oversee advertising compliance.
- Operate as a partner with the business team, not only as an advisor, but also by working together to find solutions to successfully achieve the business goals and objectives while maintaining compliance risk and mitigating exposures.
- Other special projects as required.
What YOU will bring to C&F :
Requirements :
What C&F will bring to you
What C&F will bring to YOU :
At C&F you will BELONG
We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you require a special accommodation, please let us know.
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