Risk & Compliance Analyst

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Requirements:

• Bachelor's degree (not mandatory if possessing other qualifications).
• 5 years proven experience in a risk or compliance role within the insurance industry.
• Strong knowledge of insurance claims regulations and compliance frameworks.
• Ability to implement compliance initiatives across multiple areas.
• Excellent analytical and problem-solving skills.
• Strong drafting and policy-writing skills.
• Experience working with cross-functional and technology teams.
• Exceptional communication and interpersonal skills.
• Detail-oriented with strong organizational skills.
• Professional certifications such as CCEP or CRCM are a plus.

Responsibilities:

• Facilitate risk and control documentation efforts.
• Facilitate control development and execute control testing.
• Draft, review, and update policies, procedures, and training materials.
• Support corporate and adjuster licensing.
• Facilitate responses to regulatory inquiries and audits.
• Stay informed of compliance initiatives and analyze their impact.
• Ensure compliance guidance aligns with regulatory requirements.
• Conduct reviews of compliance policies and procedures.
• Collaborate with technology teams to enhance compliance infrastructure.
• Monitor the existing operational control structure and implement changes.
• Represent Claims in enterprise forums and projects.
• Manage complaints and maintain compliance with procedures.