Compliance Specialist (Hybrid)

Selective Insurance Company of AmericaShort Hills, NJ
$101,000 - $131,000Hybrid

About The Position

At Selective, we don't just insure uniquely, we employ uniqueness. Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work® in 2025 for the sixth consecutive year. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs. Ensures that the company is compliant and up-to-date regarding regulatory changes. Works with business partners to identify liabilities/changes and subsequently implements the changes. Applies knowledge of insurance statutes and regulatory environment to new product development initiatives. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements. Note: (For NJ candidates) This role will be located at our future headquarters in Short Hills, N.J. Until the new headquarters is operational, the successful candidate will be offered the ability to work in our Branchville, N.J. location during this interim period.

Requirements

  • Excellent written and verbal communication skills.
  • Keeps abreast of legislative and regulatory environment.
  • 5-7 years of insurance regulatory compliance experience

Nice To Haves

  • Strong insurance knowledge/coursework preferred.
  • College degree preferred

Responsibilities

  • Ensure that the company is up-to-date and compliant regarding regulatory requirements. Work with business units to recommend and implement regulatory changes.
  • Collaborate with appropriate business units and external clients (i.e. regulators, trade associations, and industry peers) to identify potential liabilities.
  • Research, analyze, and summarize insurance statutes and regulations as needed in conjunction with product development initiatives and/or in response to research requests from business units.
  • Coordinate the business units’ responses to regulatory inquiries and non-financial regulatory audits (i.e. market conduct examinations).
  • Assist in developing business plans based on regional needs, emerging issues, company growth, and regulatory requirements.
  • Attend trade association meetings and regulatory training opportunities.

Benefits

  • competitive base salary
  • incentive plan eligibility at all levels
  • comprehensive health care plans
  • retirement savings plan with company match
  • discounted Employee Stock Purchase Program
  • tuition assistance and reimbursement programs
  • 20 days of paid time off
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