Mgr, Compliance- BI BCO Product
Compensation: $152,540.00 - $152,540.00 /year *
Employment Type: Full-Time
Mgr, Compliance- BI BCO Product
**Primary Job Duties & Responsibilities:**
Review and interpretation of laws, regulations and bulletins forwarded for implementation and current implementation status. As applicable, manages more complex and controversial compliance/regulatory matters including filings, and provides technical expertise to support of regulatory related issues. Contemplate related functions and integrates related processes/functions as needed. Collect, analyze, summarize and distribute internally regarding insurance department and industry information on compliance issues and trends. Develop a procedure for monitoring Department of Insurance and industry websites and publications for compliance issues that are relevant. May review routine advertising materials including agent websites for compliance with state laws and company policy. Manage the content of various Compliance websites. As applicable, develop the overall filing strategy, and provides direction and support to business units in the development and preparation of material to be filed. Stays current on changes and developments that impact business requirements. Builds strong business relationships with internal and industry personnel involved in compliance-related matters. Builds sufficient experience and applied knowledge to both act as a technical resource to others and implement business strategies. May manage others, setting and monitoring objectives, and providing guidance and work direction. May coordinate Business Continuity plans/report for business area. Review, identify and disseminate new laws and regulations that have compliance impact on the company/business. Report the implementation status of these laws, regulations and bulletins to the Compliance management and designated members of senior management. Represents the company with regulators and insurance industry. Manages the communication and negotiation of filings with state insurance departments.. Perform other duties as assigned.
**Job Opening ID:**
**Equal Employment Opportunity Statement:**
Travelers is an equal opportunity employer.
**Job Specific & Technical Skills & Competencies:**
Excellent verbal and written communication skills at all levels across the organization. Solid research and analytical skills. Knowledge of business products, laws and services. Solid organizational skills. Teamwork/Alliance Building: Builds and maintains successful relationships within the company and with external contacts. Builds relationships to secure the necessary resources not under his/her personal control. Able to recognize opportunities to achieve the best results; takes advantage of all important opportunities. Works effectively with all levels. Self Management: Takes responsibility for decisions and actions. Manages own work. Understands the business and responds to all related issues, concerns and problems. Takes responsibility for own performance development. Develops a high degree of trust through demonstrated personal integrity, ethics, and a commitment to doing the right thing. Communication: Clearly express ideas, recommendations, etc., orally and in writing. Interacts effectively at different levels and with different audiences, both internal and external to the company. Understands, synthesizes and conveys complex data. Listens to and understands issues and problems. Represents the unit, department
The Compliance Manager is responsible for managing complex compliance actions including market regulation, data calls, new laws and regulations, and business compliance issues for the applicable area. This includes promoting awareness of compliance matters, coordinating successful implementation of compliance actions, assisting in the development of compliance plans/programs, and/or quality assurance reviews and self-audits.
**Education, Work Experience & Knowledge:**
Bachelor's Degree or equivalent work experience. Typically 7-8 years experience in business, insurance, risk management and/or audit areas. Strong communication skills required. Any experience with managing staff a plus.
Ability to analyze and interpret legal documentation. 5 years of experience with state jurisdictional guidelines, regulations and procedures.
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
Hartford - Connecticut - United States
We are committed to valuing the diversity that exists among our workforce, our business partners, our customers and our communities. With respect to our workforce, we are committed to not only increasing diversity in our hiring at all levels but also fostering an inclusive environment where all employees, regardless of race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by law, can develop and thrive.
Associated topics: attorney corporate, business, corporate attorney, counsel, courtroom, internal, legal affairs, legal department, llp, market
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.
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