Compliance Analyst

CNA • Chicago, IL

7d • Hybrid

About The Position

Under broad supervision, responsible for compliance-related components of internal controls, such as, regulations, data quality, process design and communication for an assigned area. Performs a combination of duties in accordance with departmental guidelines: Through coordination with others, implements compliance mechanisms and protocols, internal controls and regulatory compliance policies and procedures and methodology to measure and monitor compliance to internal controls and regulatory requirements. Prepares compliance reports for management. Supports development of compliance related training tools and programs for the department, including economic sanctions, consumer complaints, and more. Provides compliance or technical support for business or corporate strategic initiatives. Partners with the field and with other departments, such as, Internal Audit, IT and Legal, to build relationships supporting compliance accountabilities. Stays current on industry trends and developments through interaction with insurance departments and other regulatory bodies. Explains facts, policies and practices related to compliance. May perform additional duties as assigned.

Requirements

• Bachelor's degree or its equivalent.
• Up to two years related work experience.
• Good knowledge of insurance principles, practices and procedures, and desire for continuous learning.
• Good understanding of process development and process improvement techniques and methodologies.
• Good understanding of project management practices and procedures.
• Strong interpersonal, communication, and presentation skills with the ability to effectively interact with all levels of internal and external business partners.
• Good analytical and problem solving skills.
• Ability to recognize standard situations and issues in a fast-paced environment.
• Creativity in resolving routine and standard business problems.
• Knowledge of Microsoft Office Suite and other business related software systems.

Responsibilities

• Implements compliance mechanisms and protocols, internal controls and regulatory compliance policies and procedures.
• Measures and monitors compliance to internal controls and regulatory requirements.
• Prepares compliance reports for management.
• Supports development of compliance related training tools and programs for the department, including economic sanctions, consumer complaints, and more.
• Provides compliance or technical support for business or corporate strategic initiatives.
• Partners with the field and with other departments, such as, Internal Audit, IT and Legal, to build relationships supporting compliance accountabilities.
• Stays current on industry trends and developments through interaction with insurance departments and other regulatory bodies.
• Explains facts, policies and practices related to compliance.

Benefits

• Comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level