Compliance Analyst - State National

Markel; Bedford (TX); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Health insurance

401(k) match

PTO

Floating holidays

Parental leave

Job summary

Markel is seeking a Compliance Analyst to oversee daily compliance functions and coordinate across multiple disciplines. You will monitor regulatory changes, communicate expectations internally, and support managers and regulators with accurate reporting.

Ideal candidates have five to seven years in a professional office setting, insurance/compliance experience, and a strong analytical mindset with excellent written and verbal communication skills.

Qualifications

• Five to seven years of professional office experience.
• Insurance/compliance experience is strongly preferred.
• Degree strongly preferred.

Responsibilities

• Oversee and coordinate compliance functions across disciplines.
• Monitor laws and regulatory changes relevant to insurance.
• Develop and communicate internal compliance expectations.
• Prepare reports for management and regulators.

Skills

Analytical thinking

Strong communication

Research abilities

Problem solving

Attention to detail

Time management

Education

Bachelor’s degree preferred

Tools

Microsoft Office Suite

Job description

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The Compliance Analyst is responsible for daily oversight and orchestration of specific compliance functions and must be able to address multiple compliance disciplines.

Essential Functions

• Develops and communicates company expectations to internal and external customers relative to assigned areas of responsibility.
• Meets statutory obligations within assigned areas of responsibility.
• Develops, enhances, and maintains business processes and procedures within assigned areas of responsibility.
• Monitors new laws or regulatory requirements related to areas of responsibility.
• Develops and implements appropriate measures of internal and external compliance within areas of responsibility.
• Maintains relationships with various state insurance departments and other regulatory bureaus/entities related to areas of responsibility.
• Becomes subject matter expert and assumes ownership of assigned areas.
• Research and analyze unique requirements resulting from new program managers, new products, or changes in insurance regulations.
• Designs processes to ensure compliance with new or updated regulatory requirements for the company and its internal and external customers.
• Facilitate meetings with internal and external business partners and regulators.
• Provide support and guidance to less experienced team members

Additional Responsibilities

• Assists with special or ad hoc projects, as needed.
• Performs other duties and responsibilities as required or requested.

JOB QUALIFICATIONS

• Maintains a proactive sense of curiosity and takes initiative when necessary.
• Comfortable addressing issues with incomplete instructions or multiple variables.
• Able to identify potential issues and escalates them to management with analysis and a focus on resolution.
• Familiarity with team’s rhythm; adept at applying past situations to solve new problems, as appropriate.
• Able to take feedback from one project and apply it to improve future work product.
• Able to conduct research of medium complexity with ease.
• Able to self-check work and review work of coordinators to assess accuracy and quality.
• Proficient in proofreading to ensure completeness and detect omissions.
• Able to assess risk and make decisions with multiple unknowns.
• Able to analyze complex matters, determine path for resolution, and complete tasks timely.
• Prepares and reviews reports for accuracy prior to submission to management and regulators, identifying and resolving issues before delivery.
• Begin to assist in risk assessment of business operations and/or processes.
• Strong analytical, critical-thinking, and problem-solving skills.
• Excellent people and interpersonal skills.
• Well-developed written and verbal communication skills.
• Able to work independently with minimal guidance from management.
• Adept at research and analysis of regulations, statutes and case law across 50 states.
• Able to balance multiple concurrent timelines/tasks and meet deadlines.
• Able to produce accurate, on-time deliverables and communications.
• Ability to effectively collaborate and direct compliance issues to appropriate channels for investigation and resolution.
• Maintain a “big picture” perspective and be aware of the impact of change on both internal and external stakeholders.
• Strong attention to detail, highly organized, and able to balance multiple concurrent tasks/timelines.
• Proficiency in Microsoft Office Suite.
• Knowledge of Property & Casualty insurance preferred.
• Knowledge of insurance regulatory compliance preferred.
• General knowledge of the insurance industry preferred.
• Knowledge of NAIC annual statement lines of business preferred.

Education/Experience

• Degree strongly preferred.
• Five to seven years of business experience in a professional office environment required.
• Previous compliance experience is strongly preferred.
• Insurance experience is strongly preferred.

WORK CONDITIONS

Standard office environment

• May be required to sit for extended periods of time.
• Overnight travel may be necessary on occasion.

Machinery and Equipment to be operated

• Standard office equipment: laptop computers, monitors, printers, phones, scanner, and copier.

US Work Authorization

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Who we are:

Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We’re all about people | We win together | We strive for better

We enjoy the everyday | We think further

What’s In It For You

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

• We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
• All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
• We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.