Compliance Specialist I

AmTrust Financial Services, Inc.; Cleveland (OH); On-site; USD 52,000 - 68,000; Full time

Job summary

AmTrust Financial Services, Inc. in Cleveland, Ohio is seeking a Paralegal/Regulatory support to assist the Legal/Regulatory Department with filings, inquiries, and documentation. You will assist attorneys, manage records, and coordinate regulatory responses.

The role requires a Bachelor’s Degree or paralegal certification, strong MS Office skills, and excellent writing and organizational abilities. The position involves handling confidential information in a fast-paced environment and

Qualifications

• Bachelor’s Degree or paralegal certification required.
• Strong written and verbal communication skills.
• Proficiency with MS Office and SharePoint; capable of drafting filings.

Responsibilities

• Supports attorneys by drafting and submitting regulatory filings and coordinating responses to regulator questions.
• Assists with processing consumer complaints and prepares management reports.
• Maintains records of certificates of authority and related regulatory documents.
• Provides administrative tasks to support UCAA filings and project tracking.
• Keeps current with regulatory updates and industry trends.

Skills

MS Office proficiency

Legal/regulatory knowledge

Strong writing skills

Organizational skills

Communication skills

Education

Bachelor’s Degree

Paralegal certification

Tools

SharePoint

CoPilot

Office suite

Job description

Overview

Supports Legal/Regulatory Department in Cleveland, Ohio. Has shared responsibility for assisting with a variety of legal, regulatory, and compliance matters. Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization

Responsibilities

• Supports attorneys by facilitating insurance company UCAA filings, including researching filing requirements; gathering, drafting, and submitting filing materials via the online UCAA portal; and coordinating prompt responses to regulator questions.
• Assists team with processing Consumer Complaints pursuant to internally developed policies, including complaint intake and internal distribution, troubleshooting with external regulators, and preparing management reports.
• Monitors companywide regulatory update tracking and ensures timely compliance.
• Maintains record of all certificates of authority and lines of authority held by AmTrust insurance carriers.
• Prepares and submits routine regulatory filings; corresponds with state Departments of Insurance or other regulatory agencies.
• Provides limited administrative tasks as needed to support UCAA filings and other department projects (e.g., distributing documents, preparing regular and overnight mail, maintaining hard copy and electronic files, and tracking projects in a matter management system).
• Maintains knowledge of trends in the industry and familiarity with legal requirements and guidelines.
• Such other duties as may be assigned from time to time, including, but not limited to, assisting with projects within or outside the Legal Department, covering for an absent co-worker, and training employees.
• Keeps current with market trends and demands.
• Performs other functionally related duties as assigned.

Qualifications

Qualifications: Required:

• Bachelor’s Degree and/or Paralegal certification
• Skilled in Microsoft Office (Word, Excel, PowerPoint, SharePoint, CoPilot) and other software products typically used in a Legal/Regulatory/Compliance department
• Strong organizational skills and detail oriented
• Ability to professionally interact with people at all levels of the corporate structure in-person, by phone or video, and in writing
• Quick learner with a strong desire to take on additional responsibilities and stretch outside his/her comfort zone
• Good writer capable of handling different formats and styles (e.g., e-mail; cover letter; business plans)
• Self-motivated team player with the proven ability to prioritize and handle numerous competing demands in a high-volume, fast-paced working environment, frequently under urgent deadlines
• Builds strong relationships with fellow team members and collaborates effectively
• Ability to handle confidential information sensitively and discreetly

Preferred

• Minimum of two years of corporate paralegal/administrative and/or insurance regulatory experience
• Familiarity with regulatory compliance issues and state insurance law

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.