Property & Casualty Compliance Specialist (Hybrid/Remote)

Selective Insurance Company of America•Hartford, CT

8d•Hybrid

About The Position

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.