Lead Compliance Analyst

Liberty Mutual InsuranceBoston, MA
22h

About The Position

The Lead Compliance Analyst is responsible for leading the end-to-end filing and approval process across various commercial lines product initiatives and providing timely and accurate advice to stakeholders on product and underwriting regulatory requirements. This role requires an in-depth understanding of state regulatory requirements and the ability to serve as a strategic thought partner to the business to assess and mitigate risk.

Requirements

  • Bachelor’s degree required, preferably in a quantitative subject or in Legal/Political Science/Insurance or related field. Advanced degree (MS, MBA, JD) a plus.
  • Minimum 5 years of experience in compliance, product, underwriting, regulatory affairs, or a closely related function within insurance, financial services, or a highly regulated industry.
  • Demonstrated quantitative analysis skills and comfort with data-driven decision making.
  • Comprehensive understanding of insurance principles, filings/forms processes, and applicable regulatory frameworks; technical/regulatory expertise in state insurance requirements strongly preferred.
  • Proven ability to research complex regulatory issues, translate requirements into practical business solutions, and effectively communicate with stakeholders
  • Strong leadership and project management skills; ability to work independently, mentor junior staff, and drive multi-stakeholder initiatives to completion.

Nice To Haves

  • Professional certifications beneficial (CPCU, CRCM, ARM, CAMS or equivalent) and experience interacting with regulatory authorities a plus.

Responsibilities

  • Lead regulatory assessment and delivery across multiple GRS NA commercial product initiatives to ensure state and countrywide compliance. Independently analyze the company’s regulatory compliance, filing, and forms postures and lead the development of control recommendations. Serve as a strategic advisor to stakeholders throughout the product development and filing lifecycle.
  • Own end-to-end preparation and submission of state filings and related documentation to regulatory authorities. Coordinate closely with Product Management and Legal in leading state regulatory engagement and negotiation to secure timely approval of filings.
  • Respond to compliance inquiries across an array of commercial lines product and underwriting issues, including rate and form requirements, endorsements, rule development, deregulation, cancellation/nonrenewals, and competitor filings. Perform in-depth research and analysis and translate compliance requirements into clear, pragmatic recommendations for stakeholders. Own communication of changes to impacted stakeholders through compliance spotlights and newsletter items.
  • Drive continuous process and control improvements across the filings process by identifying gaps and inefficiencies, building business cases for change, and implementing scalable solutions that reduce regulatory risk and operational cost.
  • Provide leadership and mentorship to junior analysts and peers. Set expectations, review work product, develop training materials, and foster a high-performing, compliant culture. Contribute to knowledge-sharing, policy development, and succession planning within the department.

Benefits

  • At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
  • We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
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