Compliance Assurance Consultant

Zurich Insurance Group•Anoka, MN

4d•Hybrid

About The Position

The Compliance Assurance Consultant is a member of the Crop Compliance Assurance team and develops and executes the Crop Compliance Assurance Plan. The plan evaluates the design and performance of internal controls to ensure compliance with Risk Management Agency (RMA) crop insurance regulations, state requirements, and company policies and procedures. The role partners with key contacts and management at various levels to ensure effective controls are in place. It requires critical thinking, independent assessment, clear communication of outcomes to management, and recommendations that drive change. The position also provides advice and support to business management on compliance policies, regulations, controls, training, and risk mitigation. It supports the Zurich Compliance Program, including annual activity planning, stakeholder communication, assessments, compliance systems, and governance reporting. Some travel is required. The preferred office location is Anoka, Minnesota; the role is listed as hybrid.

Requirements

Bachelor's degree in Law and at least 6 years of experience in Claims, Marketing, Underwriting, or Compliance; or a high school diploma or equivalent and at least 8 years of relevant experience; or Zurich Certified Insurance Apprentice, including an associate degree, and at least 6 years of relevant experience.
Experience with market conduct examination processes and procedures.
Knowledge of national and local compliance laws and regulations.

Nice To Haves

Five or more years of crop insurance industry experience.
Solid knowledge of federal crop insurance regulations and procedures.
Organized and able to consistently meet deadlines.
Strong written and verbal communication skills, including the ability to tailor the approach to the audience and message.
Comfort with Excel.
Negotiation skills.

Responsibilities

Independently develop and execute testing strategies and methodologies based on the current risk environment and assurance obligations under the Zurich Compliance Program.
Develop end-to-end understanding of business processes by learning process steps, understanding system inputs and outputs, and identifying process contingencies.
Identify process risks, controls, and control gaps.
Test business processes against regulatory requirements through interviews with business management, transaction re-performance, and data analytics.
Assist in identifying improvement action items and track and manage actions through completion.
Assess processes and findings based on risk exposure.
Compose Compliance Assessment Reports in accordance with the Zurich Compliance Program.
Communicate assessments to business management and Zurich Compliance.
Support team development by coaching others on assurance methodologies.
Consult with the business on the adoption, development, implementation, and maintenance of policies and regulations, and provide practical guidance, training, relevant controls, and processes for mitigating compliance risks.
Provide ad-hoc advice and support to business management on regulatory relationship management regarding compliance topics.
Support the Zurich Compliance Program by helping create the yearly activity plan, informing and aligning stakeholders on compliance activities and priorities, performing assessments, maintaining compliance systems, and preparing reporting materials for governance committees.