Job Info
Overview
Summary:
The responsibilities of the Compliance Specialist are to assist with the creation, coordination, processing and implementation of insurance product filings; perform regulatory research; and provide additional support and other regulatory functions as directed. Maintains a solid understanding of AmTrust's mission, vision, and values. Upholds the standards of the AmTrust organization.
Responsibilities
Responsibilities (Specialty Programs):
- Draft and format rate, rule and form pages as needed, with direction
- Prepare support documentation required to file a product
- Work closely with the Filing Department; respond to state insurance department inquiries
- Coordinate with multiple functional areas to resolve state objections in a timely manner, and as otherwise necessary
- Monitor filing process, and disseminate information as needed to the appropriate departments
- Perform research and provide evaluations regarding new product filing requests
- Participate in research and project initiatives as directed
- Keeps current with market trends and demands
- Performs other functionally related duties as assigned
Qualifications
Required:
- Bachelor's Degree required
- Minimum of 2 years property/casualty insurance work experience
- Familiarity with regulatory compliance issues, state insurance law and product filing requirements
- Proficiency in Microsoft Office (Word, Excel) products
- Strong organizational skills and detail oriented
- Ability to interact with people at all levels of the corporate structure
- Quick learner with a strong desire to take on additional responsibilities and stretch outside his/her comfort zone
- Self-motivated team player with the proven ability to work independently and prioritize and handle numerous competing demands in a high-volume, fast-paced working environment, frequently under urgent deadlines
- Strong interpersonal and communication (verbal and written) skills
- Ability to handle confidential information sensitively and discreetly
Preferred: Experience in multiple commercial insurance lines as either a regulatory/compliance professional, underwriter or business/operations analyst
This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.
What We Offer AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.
AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.
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