Senior Compliance Consultant(Underwriting)

CNA Insurance; Boston (MA); Remote; USD 72,000 - 141,000; Full time

Job summary

An established industry player is seeking a Senior Compliance Consultant to ensure adherence to regulatory standards and facilitate collaboration across departments. This role requires a proactive approach to monitor industry trends and implement necessary changes within underwriting teams. The ideal candidate will possess strong analytical skills and a deep understanding of insurance principles, making impactful contributions to compliance initiatives. Join a dynamic environment where your expertise will shape the future of compliance in the insurance sector and support a culture of continuous improvement.

Benefits

Comprehensive benefits

Reasonable accommodations for applicants with disabilities

Qualifications

• 5+ years of relevant experience in compliance and underwriting.
• Strong knowledge of regulatory requirements in the insurance sector.

Responsibilities

• Ensure compliance with regulatory requirements and monitor industry changes.
• Collaborate with Legal and Compliance teams to address compliance issues.

Skills

Effective communication

Negotiation skills

Organizational skills

Analytical abilities

Problem-solving

Decision-making

Knowledge of insurance principles

Understanding of underwriting practices

Familiarity with regulatory environment

Education

Bachelor's degree or equivalent

Job description

Senior Compliance Consultant (Underwriting)

Join to apply for the Senior Compliance Consultant (Underwriting) role at CNA Insurance.

Job Overview

This role involves ensuring compliance with regulatory requirements, monitoring industry circulars and legislative changes, and collaborating with Legal and Corporate Compliance to interpret and implement these requirements. The position requires staying updated on state and territory regulations affecting CNA's products and processes, and facilitating cross-departmental collaboration.

Essential Duties & Responsibilities

• Implement required regulatory changes and serve as an advisor to underwriting teams.
• Monitor industry circulars, bulletins, and regulatory releases; translate trends into actionable insights.
• Collaborate with Legal and Compliance teams to address issues and drive requirements.
• Coordinate with IT to ensure systems meet business needs.
• Support responses to audits and market conduct exams, providing analysis and recommendations.
• Lead projects involving multiple stakeholders and develop compliance requirements with underwriting teams.
• Manage responses to state inquiries and lead special projects, mentoring team members as needed.

Skills & Qualifications

• Effective communication, negotiation, and organizational skills.
• Ability to prioritize and manage multiple projects in a fast-paced environment.
• Strong analytical, problem-solving, and decision-making abilities.
• Knowledge of insurance principles, underwriting practices, and regulatory environment.
• Bachelor's degree or equivalent; 5+ years of relevant experience; professional designations preferred.

Additional Information

This position is open to candidates in any US location. Salary range in certain jurisdictions: $72,000 - $141,000 annually, based on experience and location. CNA offers comprehensive benefits and is committed to reasonable accommodations for applicants with disabilities.