Compliance Specialist

Job Responsibilities

• Participates in the administration and oversight of compliance programs for all jurisdictions and product lines.
• Written by CopperPointWorks with the CCO, VP Compliance, Legal Compliance team and Compliance Oversight Committee to assist CopperPoint departments to develop and implement compliance programs.
• Includes identification of applicable regulatory requirements, creating control plans to ensure compliance, monitoring for changes to compliance requirements, identifying areas of non-compliance and implementing and tracking actions to restore compliance.
• Assists in coordinating and administering licenses held by the CopperPoint group and in making required filings to maintain those licenses with state insurance departments, secretaries of state, corporation commissions, etc.
• Collaborates with attorneys and Compliance team to research, document, communicate and track compliance-related legal and regulatory changes and information arising from bulletins and other information issued by regulatory and non-regulatory authorities (including APCIA, NAMIC, NAIC, NCCI, ISO and AAIS).
• Aids in reviewing new and revised insurance products, policies and other required forms to ensure compliance with state regulatory and statutory requirements and in making required filings.
• Coordinates and maintains log of responses to regulatory matters and/or inquiries from regulators.
• Aids in coordinating regulatory examinations and audits (i.e. financial exams, market conduct exams) and responses to data calls and surveys.
• Manages regulatory/compliance software as needed.
• Performs other compliance, legal and administrative tasks.
• Supports the Compliance Committee, ad-hoc and special projects.
• Helps to develop, implement and continually improve processes and procedures.
• Prepares reports and metrics for the compliance team, as needed.

Qualifications/Competencies

• Bachelor’s Degree and a minimum of 1-year previous experience in corporate compliance, legal, risk management, insurance compliance or internal audit environment preferred.
• Corporate regulatory compliance experience is a strong plus.
• Research skills to perform legal and compliance research using online insurance and legal resources.
• Organizational skills to effectively and efficiently work with large volumes of documents and data.
• Ability to analyze complex compliance issues, evaluate alternatives, and recommend creative solutions.
• Effective presentation skills.
• Teaming skills.
• Advanced skill in Excel, Adobe Acrobat and Microsoft Word, including redlining/tracked changes to contracts during negotiations.
• Proficient with collaboration software including Teams and SharePoint.
• Self-driven with a desire to independently expand knowledge on relevant legal, compliance and business topics.
• Strong initiative and problem-solving skills.
• Detail oriented.
• Research and analytical skills.
• Willingness to research unfamiliar areas and gain expertise.
• Ability to maintain strict confidentiality of sensitive information.
• Strong work ethic with ability to work independently.

Benefits

• Eligible to participate in CopperPoint Insurance Companies benefit plans including medical, dental, vision, short-term disability, long-term disability, life insurance, a health savings account, a flexible spending account, and a 401k plan.
• Some benefits at no cost to the employee (Basic Life Insurance and AD&D at two times an employee’s annual salary, Short- and Long-term Disability coverage, and Employee Assistance Plan).
• Accrues 0.0769 hours of Paid Time Off (PTO) per paid hour, which may total 20 days a year.
• Receives 10 paid holidays throughout the calendar year.
• Salary Range: $70,000.00 - $90,000.00 annually.
• May include an annual discretionary bonus.

Pay

$70,000.00 - $90,000.00 annually

Schedule

Details not specified