Compliance Analyst

Hamilton Insurance Group•Richmond, VA

31d•Hybrid

About The Position

Reporting to the Chief Compliance Officer, this role will partner with and provide compliance support to all US-based underwriting and claims teams, with a primary focus of supporting Hamilton Select Insurance Inc., an excess and surplus lines carrier. This role will be a US-based role with a preference for candidates in Richmond VA; however, other candidates will be considered. Hamilton Select has experienced substantial growth, increasing licensing requirements, regulatory obligations, governance activities and business initiatives. The Compliance Analyst will provide hands-on support across licensing, regulatory filings, sanctions screening, governance, monitoring, regulatory change and day-to-day business advisory activities.

Requirements

Experience in insurance compliance, regulatory operations, licensing, surplus lines, operations or a comparable regulated environment.
Knowledge of the US property and casualty insurance market; experience with excess and surplus lines requirements is strongly preferred.
Experience coordinating state licences, regulatory filings, data calls and recurring compliance obligations.
Strong research skills and the ability to translate requirements into practical business actions.
Proficiency with Microsoft Excel and experience working with reporting tools, workflow systems and online regulatory portals; Power BI experience is advantageous.
Excellent organizational skills, with the ability to manage a high volume of recurring deadlines and maintain complete audit trails.
Ability to build effective working relationships with Underwriting, Claims, Operations, Finance, brokers, regulators and external service providers.
Clear written and verbal communication skills and the confidence to pursue outstanding information and escalate issues appropriately.
Highly organized and detail-oriented.
Proactive, accountable and comfortable taking ownership of recurring obligations.
Self-motivated, with the ability to work autonomously and as part of a collaborative team.
Analytical and able to identify, investigate and resolve discrepancies.
Strong prioritization skills and the ability to meet multiple regulatory deadlines.
Pragmatic, commercially aware and service-focused.
Curious, adaptable and open to process improvement and change.
Highest degree of integrity and discretion.
Results-oriented, with a focus on timely, accurate and evidenced outcomes.
Proactive and self-sufficient individual who is open to learning.
Act with integrity.
Act with due skill, care and diligence.
Be open and cooperative with the FCA, the PRA and other regulators.
Pay due regard to the interests of customers and treat them fairly.
Observe proper standards of market conduct.
Act to deliver good outcomes for retail customers.

Nice To Haves

Power BI experience is advantageous.

Responsibilities

Act as a responsive Compliance business partner to Hamilton Select, including Claims, Underwriting, Operations and Finance.
Coordinate surplus lines compliance activities, including tax-form validation, missing-form remediation, premium reporting, data calls and regulatory research.
Support regulatory licensing for Hamilton Select, and other insurers within the Group and relevant individuals, including monitoring renewals, continuing education requirements and state-specific obligations.
Review regulatory bulletins and communications and identify relevant legislative or regulatory changes for escalation and action.
Support improvements to compliance processes, reporting and controls.
Complete real-time sanctions screening for ad hoc requests received from Claims and Underwriting.
Support daily sanctions screening of batch files.
Escalate potential matches or concerns in accordance with established procedures and maintain appropriate evidence of screening activity.
Enter surplus lines data into underwriting policy admin systems for each issued policy and follow up on any inconsistencies.
Validate surplus lines license information, including the relevant state and license number. Follow up with brokers on for missing or incorrect information.
Responsible for multiple internal reports to validate data to be reported externally.
Coordinate and monitor entity and individual licenses, including monthly renewal and continuing education tracking.
Coordinate applications, renewals, amendments and supporting documentation with internal stakeholders, regulators and external service providers.
Maintain accurate licensing trackers and provide timely escalation of upcoming deadlines, deficiencies or potential gaps.
Coordinate surplus lines premium by broker report filings across several states for both quarterly and annual filings.
Coordinate recurring annual data calls to include collecting and validating data.
Monitor filing calendars, retain evidence of submissions.
Review daily bulletins and emails from Departments of Insurance and vendor sources for relevant legislative changes and regulatory communications and communicate to the business as necessary.
Assist with regulatory and compliance research requests and translate findings into clear, practical actions.
Provide state-specific information required to complete annual Secretary of State filings.
Contribute to governance materials, management information, compliance monitoring and process documentation as required.