Regulatory Compliance Supervisor

Great American Insurance Group•Richfield, OH

1d•Hybrid

About The Position

National Interstate is a leading commercial transportation insurer seeking a Regulatory Compliance Supervisor to join their team in Richfield, Ohio. This role operates on a hybrid schedule, with four days in the office and one remote day per week. The company culture emphasizes connection, shared learning, and strong relationships. National Interstate is part of Great American Insurance Group and is known for its innovative risk financing solutions and niche market expertise. They are committed to diversity and inclusion, aiming to create a workplace where all employees feel empowered and can perform at their best. Since 1989, National Interstate has specialized in serving the insurance needs of the transportation industry, building a reputation for expertise in product design, loss control, and claim services.

Requirements

Bachelor’s degree in Insurance Risk Management, Business Administration or a related field.
Generally, a minimum of 9 years of experience in insurance product filing, regulatory compliance, or a related role within the P&C insurance industry.
Including a minimum of 4 years of leadership experience.
Typically manages 2 or more reports.
Implements policies, procedures, and strategies under the direction of management.
Leads and mentors Product Filing employees, ensuring they excel in their roles.
Ensures new members of the team receive proper training.
Serves as a resource on company policies, regulatory agencies, and current trends in ensuring product filing compliance.
Proficiency in using filing software and tools (e.g., SERFF).
Responsible for identifying opportunities for process improvements and implementing best practices.
Responsible for the performance and coaching of staff and has a participatory role in decisions regarding talent selection, development, and performance management.

Nice To Haves

Completion of or continuing progress toward a professional designation preferred, such as Chartered Property Casualty Underwriter (CPCU), Program in General Insurance (INS), or Fellow, Life Management Institute (FLMI), Associate Insurance Regulatory Compliance (AIRC), Certified Compliance Professional (CCP), and Associate Compliance Professional (ACP).

Responsibilities

Oversees Product Filing team operations, agency appointments, optimizing workflows and ensuring high productivity.
Oversees the preparation and submission of product filings, including rates, rules, and forms, to state insurance departments.
Manages and ensures the timely response to regulatory inquiries and monitors the status of filings.
Leads collaboration efforts with product development, actuarial, and legal teams to gather necessary information for filings.
Reviews and interprets state insurance regulations to ensure compliance, providing guidance to the team.
Ensures the maintenance of detailed records of all filings and correspondence with regulators.
Provides regular updates and comprehensive reports to upper management on filing activities and outcomes.
Identifies, implements, and oversees process improvements to enhance filing efficiency and accuracy.
Develops and enforces department policies and procedures to ensure compliance and operational effectiveness.
Performs other duties as assigned.