Regulatory Analyst

Berkley•Scottsdale, AZ

1d•Onsite

About The Position

W. R. Berkley Corporation, founded in 1967, is a Fortune 500 Company and one of the largest commercial lines property and casualty insurers in the United States, with gross written premiums exceeding $10 billion. The Berkley brand includes over 60 businesses globally, divided into Insurance and Reinsurance and Monoline Excess segments. The Company is an equal employment opportunity employer. The Regulatory Analyst is responsible for independently performing core regulatory compliance services in a timely and efficient manner for the E&S Compliance Team of W.R. Berkley Corporation. This role involves thoughtfully completing compliance processes concerning complaints, legal mail, regulator inquiries, and economic sanctions, among others, and may also support or document compliance by the businesses served by the Group Compliance Team.

Requirements

High school diploma or general education degree (GED) is required.
Minimum 1-3 years insurance-related experience.
Must be able to proficiently use Microsoft suite of products: Word; Excel; Outlook; Teams.
Must have good organization skills and a strong attention to detail.
Must have strong analytical skills.
Must be able to work under time constraints and be self-motivated.
Be able to work independently.

Nice To Haves

Insurance designations (ASLI, CPCU, etc.) or college level coursework preferred.
Prior legal or regulatory compliance experience preferred.
Prior paralegal experience preferred.
Knowledge of Westlaw, Nexis/Lexis, Walters Kluwer, or similar subscription services preferred.

Responsibilities

Primarily responsible for dividing adjuster and appointments work with other team members.
Processes new licenses and renewals.
Process appointments in various licensing systems required.
Primarily responsible for receiving and processing new complaints and follow-up complaints.
Contacts states for any needed extensions.
Sends reminders to enterprise staff for responses and files response with documentation with states.
Responsible for file documentation and management as part of final responses to state.
Processes legal mail and provides coverage for answering phone calls to Regulatory line, as needed.
Communicates with regulators as needed and in coordination with direction by Manager.
Primarily responsible for handling and aggregating data calls with other team members.
May be required to process premium by broker reporting.
Provides back-up coverage for OFAC and must be able to process OFAC alerts in Lexis Nexis and manually, as needed.
Provides assistance to Claims operations as needed for Medicare compliance.
Attends trade organization webinars and training sessions to stay informed on trends in the industry, insurance regulations, and individual role.
Other duties as assigned