Ledgebrookposted 29 days ago
Full-time • Senior

About the position

Are you tired of the inefficiencies and frustrations of legacy systems, outdated processes and corporate red tape? At Ledgebrook we believe your career in insurance compliance can be so much more. You bring the expertise and drive; we’ll provide the platform to help you thrive and shape the future of the insurance industry. Ledgebrook is a tech-enabled E&S MGA on a mission to modernize Specialty insurance. The industry is burdened with legacy technology and inefficient processes, preventing innovation at scale. We are changing that. Our goal is to become the best-in-class full-stack insurance and re/insurer, leveraging AI and data-driven insights to revolutionize underwriting, pricing, and risk selection. To help us get there, we are seeking a Head of Insurance Compliance to join our team.

Responsibilities

  • Oversee all regulatory compliance efforts across the company, ensuring adherence to state and federal insurance regulations, as well as other relevant laws and industry standards.
  • Develop and implement risk management strategies, identifying areas of potential risk, advising leadership on risk mitigation, and helping the company navigate insurance regulatory challenges.
  • Conduct audits and risk assessments to identify insurance compliance gaps.
  • Serve as the primary point of contact for regulatory agencies, ensuring effective communication and resolution of regulatory issues in a timely manner.
  • Establish and monitor an effective insurance compliance program, ensuring Ledgebrook’s continued adherence to the legal requirements of the insurance industry, especially in E&S (Excess & Surplus) and Specialty markets.
  • Review and assess insurance products, policies, and company practices for regulatory compliance.
  • Stay updated on emerging regulatory trends and industry changes.

Requirements

  • 8+ years of experience in regulatory compliance within the insurance or InsurTech industry.
  • Deep understanding of insurance laws, particularly in relation to E&S, Specialty lines, insurance filings and other complex products.
  • Extensive knowledge of the regulatory environment for the insurance industry, including state insurance departments, the NAIC (National Association of Insurance Commissioners), and other relevant regulatory bodies.
  • Proven ability to assess, manage, and mitigate risk at an organizational level.
  • Exceptional verbal and written communication skills, with the ability to distil complex concepts for non-regulatory teams and stakeholders.
  • Ability to think critically and make decisions that balance risk with business objectives.

Nice-to-haves

  • Experience working in a high-growth startup environment.
  • Familiarity with emerging technologies within the insurance industry, specifically around regulatory compliance software or tools.
  • Experience navigating international regulatory frameworks.

Benefits

  • Competitive salary and meaningful equity ownership
  • Health Insurance 100% employer-paid option available
  • Additional benefits available include 401k plan, dental, vision & other options
  • Remote work, flexible hours
  • Unlimited time off policy
  • Ownership, autonomy, purpose
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service