Apply

Insurance Regulatory Counsel

Posted 23 days agoViewed

View full description

💎 Seniority level: Senior, 7+ years

🔍 Industry: Title Insurance

🏢 Company: PLACE Corporate Careers

⏳ Experience: 7+ years

Requirements:
  • 7+ years of relevant experience in a regulatory role at a law firm, in-house, and/or a governmental agency with strong knowledge of the insurance regulatory framework.
  • JD degree and admission to a State Bar in good standing.
  • Demonstrated ability to work in a fast-paced environment and comfortable with ambiguity.
  • Enjoy finding creative solutions on diverse matters requiring complex legal and strategic analysis.
  • Demonstrated ability to quickly learn and excel in new or emerging areas of legal practice.
  • Ability to communicate clearly and effectively with senior company leaders on a variety of legal issues.
Responsibilities:
  • Oversee compliance with all applicable insurance laws and regulations, including applicable state regulations, NAIC regulations and the Holding Company Act.
  • Anticipate and identify legal and regulatory risks and propose creative and effective solutions to address those risks
  • Provide regulatory guidance for company initiatives including the expansion of the company through Certificate of Authority applications, the addition of new issuing agents and/or new product offerings.
  • Design and implement a regulatory change management process to ensure the company is aware of and complies with legal and regulatory requirements applicable to a fast-growing, multi-state title insurance carrier.
  • Oversee timely preparation of regulatory filings including NAIC, state Departments of Insurance and Holding Company Act filings.
  • Monitor legislative, regulatory, and industry activity, analyze its impact on company operations, and communicate requirements appropriately.
  • Manage insurance rates and forms, ensuring timely modifications to filings and preparing new filings in expanding markets.
  • Oversee insurer’s internal and external issuing agents to ensure compliance with required regulations, including audit requirements, licensing and appointments.
  • Review all marketing materials prior to use to ensure they are in compliance with relevant insurance, consumer protection, and other laws and regulations.
  • Maintain and refine a repository of legal policies required for insurance companies, such as terms of service, product policies, privacy notices, code of conduct and other disclosures.
  • Serve as the primary liaison for market conduct, DOI complaints, and other regulatory examinations and coordinate and oversee any remediation.
  • Oversee the licensing application and management function for all applicable jurisdictions.
  • Manage internal and external audits of the insurer, including Department of Insurance market conduct and financial examinations.
  • Review monthly, quarterly and annual financial statements to ensure all regulatory requirements with respect to reserves, losses, capital and surplus are met and accurately reported.
  • Oversee all financial audits and actuarial reviews in conjunction with the Treasurer/finance department.
Apply

Related Articles

Posted about 1 month ago

Why remote work is such a nice opportunity?

Why is remote work so nice? Let's try to see!

Posted 7 months ago

Insights into the evolving landscape of remote work in 2024 reveal the importance of certifications and continuous learning. This article breaks down emerging trends, sought-after certifications, and provides practical solutions for enhancing your employability and expertise. What skills will be essential for remote job seekers, and how can you navigate this dynamic market to secure your dream role?

Posted 8 months ago

Explore the challenges and strategies of maintaining work-life balance while working remotely. Learn about unique aspects of remote work, associated challenges, historical context, and effective strategies to separate work and personal life.

Posted 8 months ago

Google is gearing up to expand its remote job listings, promising more opportunities across various departments and regions. Find out how this move can benefit job seekers and impact the market.

Posted 8 months ago

Learn about the importance of pre-onboarding preparation for remote employees, including checklist creation, documentation, tools and equipment setup, communication plans, and feedback strategies. Discover how proactive pre-onboarding can enhance job performance, increase retention rates, and foster a sense of belonging from day one.