Senior Corporate Claims Compliance Specialist

Old Republic Commercial Risk; Tampa (FL); On-site; USD 85,000 - 110,000; Full time

Job summary

Old Republic Commercial Risk is seeking a Corporate Compliance Specialist to operate under the AVP of Compliance and Claim Operations. You will handle high- complexity assignments, staying abreast of state and federal insurance regulations and ensuring regulatory changes are implemented efficiently.

You will guide higher- and lower-level associates, coordinate with operating companies, and apply strong judgment and analytical skills to maintain compliance across the organization.

Qualifications

• Bachelor's degree or 5+ years in insurance industry required.
• CPCU and AIC designations desired.
• Obtains state adjusting licenses and CE credits as needed to maintain license.
• Previous supervisory experience preferred.
• Extensive knowledge of WC regulations and multi-jurisdictional law.
• Demonstrated leadership, coaching, and teamwork skills.
• Strong problem solving, planning, and organization abilities.
• MS Office proficiency (Word, Excel, PowerPoint).
• Excellent verbal and written communication.

Responsibilities

• Analyzes and interprets state, federal and industry insurance legislation and regulations determining the potential impact on company operations.
• Monitors timely implementation of action plans to ensure compliance with regulatory changes.
• Plans and implements system revisions for rates, rules and claim handling changes.
• Reviews APCIA, industry notices, Insurance Department bulletins and enacted laws for changes relative to claim forms, printed material, and necessary operational changes.
• Coordinates and prepares the necessary forms and regulatory material for submission to state insurance departments to review or Claim Operations for implementation.
• Receives and performs initial analysis of consumer complaints and state insurance department inquiries.
• Completes compliance assessments, including research, file reviews, audits and business unit secondary review.
• Works closely with supported Operating Companies to ensure their compliance needs and requirements are met.
• Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.

Skills

Regulatory compliance

Insurance industry knowledge

Leadership

Analytical thinking

Problem solving

Communication skills

Coaching

Teamwork

Licensing knowledge

MS Office

Education

Bachelor's degree

CPCU / AIC designation

Tools

EDI systems

Job description

Old Republic Commercial Risk is seeking a Corporate Compliance Specialist to operate under the AVP of Compliance and Claim Operations. You will handle high- complexity assignments, staying abreast of state and federal insurance regulations and ensuring regulatory changes are implemented efficiently.

You will guide higher- and lower-level associates, coordinate with operating companies, and apply strong judgment and analytical skills to maintain compliance across the organization.