Compliance Analyst
About the role
Under broad supervision, responsible for compliance-related components of internal controls, such as regulations, data quality, process design, and communication for an assigned area.
Responsibilities
- Implements compliance mechanisms and protocols, internal controls, and regulatory compliance policies and procedures through coordination with others.
- Develops methodology to measure and monitor compliance with internal controls and regulatory requirements.
- Prepares compliance reports for management.
- Supports development of compliance-related training tools and programs for the department, including economic sanctions, consumer complaints, and more.
- Provides compliance or technical support for business or corporate strategic initiatives.
- Partners with the field and other departments, such as Internal Audit, IT, and Legal, to build relationships supporting compliance accountabilities.
- Stays current on industry trends and developments through interaction with insurance departments and other regulatory bodies.
- Explains facts, policies, and practices related to compliance.
- Performs additional duties as assigned.
Requirements
- Bachelor's degree or its equivalent.
- Up to two years of related work experience.
Skills
- Good knowledge of insurance principles, practices, and procedures, with a desire for continuous learning.
- Good understanding of process development and process improvement techniques and methodologies.
- Good understanding of project management practices and procedures.
- Strong interpersonal, communication, and presentation skills with the ability to effectively interact with all levels of internal and external business partners.
- Good analytical and problem-solving skills.
- Ability to recognize standard situations and issues in a fast-paced environment.
- Creativity in resolving routine and standard business problems.
- Knowledge of Microsoft Office Suite and other business-related software systems.
Pay
In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York, and Washington, the national base pay range for this job level is $47,000 to $78,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications, and location.
Benefits
CNA offers a comprehensive and competitive benefits package to help employees—and their family members—achieve their physical, financial, emotional, and social well-being goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.