Crum & Forster Services India Private Limited · 2 months ago
Compliance Analyst - Eatontown, NJ or Remote
United States
Full-time
Remote
Mid Level
$57K/yr - $100K/yr
3+ years expCrum & Forster is a company specializing in specialty insurance and reinsurance products. The Compliance Analyst will be responsible for drafting and filing policy forms, ensuring compliance with regulatory requirements, and collaborating with various internal teams to deliver high-quality insurance products.
Information Technology & Services
Responsibilities
Draft policy forms reflecting underwriting intent and consistent with regulatory requirements and current market standards for assigned lines of business , with support from Management where required
Collaborate with Underwriting, Claims, Legal, and Actuarial teams to deliver high-quality insurance products
File via SERFF, Product Forms, Rates, and Rate/Rules (where required) and communicate with regulators to secure approval in the required jurisdictions
Work directly with filing consultants as assigned to secure approval and speed-to-market
Maintain and communicate active filing status using available tools
Develop issue instructions and translate approved filings into product fulfillment and ensure that the approved product is operationalized
Review advertising materials, including websites, to ensure compliance with internal standards and state regulatory guidelines, within established timeframes and utilizing tools available
Respond to routine compliance-related requests and inquiries from the various business areas in a timely fashion
Review and assess regulatory changes, including statutes, regulations, bulletins, and industry trends, to determine filing and regulatory requirements
Stay current on developments affecting product design, development, and filing requirements
Establish and maintain strong relationships with internal business units, external partners (such as TPAs and MGUs), and foster teamwork across the organization
Perform other related duties, including short- or long-term projects, as assigned by the manager
Qualification
Required
Bachelor's degree or equivalent experience required
3+ years of equivalent work experience in the insurance industry, ideally with direct exposure to one or more of the following A&H product lines: Travel, Ancillary Benefits, Stop Loss, Occupational Risk, Travel Medical, Special Risk, Pet, and/or Life Insurance
A proven track record in drafting, reviewing, and filing insurance policies and forms across multiple product lines
Demonstrated knowledge of insurance compliance laws and regulations. A&H knowledge preferred
Excellent organizational, verbal, and written communication as well as interpersonal skills
Flexible and open to an ever changing, fast paced environment, based on the value of the business to the Division and direction of Manager
Ability to work independently, prioritize and organize own work to meet deadlines
Meticulous with a high degree of accuracy and ability to multitask
Strong research, decision-making, and analytical skills
Proficient in Microsoft Office software, including Microsoft Word, Outlook, and Excel
Benefits
Competitive compensation package
Generous 401K employer match
Employee Stock Purchase plan with employer matching
Generous Paid Time Off
Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
A dynamic, ambitious, fun and exciting work environment
We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community
Company
Crum & Forster Services India Private Limited
Crum & Forster Services India (CFSI) is India subsidiary of Crum & Forster Inc, a Fairfax Company based in Morristown, New Jersey, USA.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Ramesh Jaganathan
Chief Operating Officer
Company data provided by crunchbase