What are the responsibilities and job description for the Compliance Manager position at Knight Insurance?
Los Angeles, CA | Onsite | Legal/Compliance
Knight Insurance Company, a leading provider of Property and Casualty (P&C) insurance, is committed to providing comprehensive and reliable coverage solutions. We pride ourselves on maintaining the highest standards of compliance with both state and federal regulations. We are looking for a highly motivated and detail-oriented Compliance Manager to join our dynamic team.
The Compliance Manager will play a critical role in ensuring that Knight Insurance Company adheres to all necessary regulatory requirements. The candidate will be responsible for maintaining the company’s licenses, coordinating with vendors and partners, and ensuring compliance with both state and federal regulations. This position requires hands-on involvement in compliance audits, maintaining updated ISO filings, and negotiating with vendors when necessary. The ideal candidate should have experience in the P&C insurance industry and a strong understanding of compliance functions.
Pay Range: $70,000- $100,000 Per Year. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable.
What you'll do as a Compliance Manager:
- Regulatory Compliance: Stay updated with and ensure compliance with various state and federal regulations related to the P&C insurance industry.
- Licensing Management: Maintain and track all necessary licenses for Knight Insurance Company, ensuring they are renewed on time.
- Vendor and Partner Coordination: Collaborate with Knight’s vendors and partners to ensure compliance with all contracts and regulatory requirements. Assist in negotiating and managing vendor relationships as needed.
- ISO Filings: Oversee and manage ISO filings, ensuring they are accurate and up-to-date.
- Compliance Audits: Prepare and assist with internal and external audits by state and federal authorities to ensure Knight Insurance’s operations are compliant with all laws and regulations.
- Administrative Support: Perform administrative tasks related to compliance, including organizing and maintaining compliance documentation, tracking deadlines, and assisting in the development of compliance reports.
- Training and Education: Provide training and guidance to staff on compliance-related topics and regulations to ensure company-wide adherence to best practices.
Experience and Qualifications
What we look for in our Compliance Manager:
- Bachelor's degree in Business, Finance, Insurance, or a related field.
- Minimum of 3 years of experience in compliance management within the Property & Casualty (P&C) insurance industry.
- Strong knowledge of state and federal insurance regulations.
- Experience pulling and managing ISO filings.
- Proven ability to coordinate and negotiate with vendors, including contract management.
- Familiarity with insurance compliance audits by state and federal authorities.
- Strong analytical and problem-solving skills.
- Excellent organizational and multitasking abilities with strong attention to detail.
- Ability to work independently and as part of a team in a fast-paced environment.
- Strong written and verbal communication skills.
- Proficient in Microsoft Office Suite, compliance management software, and other relevant tools.
Preferred Qualifications/Experience:
- Compliance certifications (e.g., ACP, CCP, MCM, AMCM, or similar) are a plus.
- Previous experience working in an in-office environment.
Benefits and Perks
What we offer:
- Competitive salary and performance-based bonuses.
- Opportunities for professional development and growth within the company.
- Medical, Dental, and Vision benefits. Additional benefits such as Life Insurance, LTD and Flexible Spending Account
- 401K plan and Employee Stock Ownership Program (plus company matching
- Metro-link Reimbursement
- Career Path Opportunities
- Onsite Yoga and Pilates
- Onsite Gym
- Gym Membership Discounts with Active & Fit
- Discount Tickets with Tickets at Work
- AT&T Wireless Discounts
- Car Rental Discounts
- Dell Member Purchase Program
- UKG Wallet (access to your paycheck before payday)
If you are an experienced compliance professional looking to make an impact at a respected insurance company, Knight Insurance Company offers a challenging and rewarding opportunity. We look forward to welcoming a dedicated and proactive Compliance Manager to our team!
Salary : $70,000 - $100,000
