Regulatory Specialist

Chubb•Chicago, IL

3d•$73,000 - $107,000

About The Position

Chubb Benefits is seeking a Regulatory Specialist to support the organization’s regulatory reporting and compliance functions. The role has primary accountability for regulatory filings, including the NAIC Market Conduct Annual Statement (MCAS) and the New York Market Conduct Profile Annual Filing (New York Profile). It also supports the Regulatory Change Management Program and a broad range of compliance activities intended to promote adherence to applicable regulatory requirements, internal policies, and control standards. The Regulatory Specialist coordinates the preparation, review, validation, and submission of regulatory reports; monitors regulatory developments and supports implementation of new or revised requirements; and works with internal stakeholders on compliance implications, issue resolution, and remediation. The role maintains documentation and control records, supports regulatory examinations and compliance reviews, and seeks improvements to reporting processes and controls. It also involves interaction with internal and external business partners, including regulators, and other compliance-related duties and projects as assigned.

Requirements

Bachelor’s degree in Business, Finance, Legal Studies, Risk Management, or a related discipline, or equivalent relevant experience.
Experience in regulatory reporting, compliance, insurance operations, or a related field.
Strong analytical, organizational, and project management skills.
Excellent written and verbal communication skills.
Ability to manage multiple priorities and deadlines in a fast-paced environment.
High attention to detail and a strong commitment to accuracy, accountability, and compliance.

Nice To Haves

Knowledge of MCAS, the New York Profile, SERFF (NAIC System for Electronic Rates and Forms Filing), and regulatory change management processes.
Prior experience in the insurance industry, particularly in regulatory compliance or reporting.
Experience supporting market conduct examinations, regulatory audits, or compliance governance activities.
Familiarity with control documentation, issue tracking, and remediation support.
Notary Public.
Paralegal experience.

Responsibilities

Coordinate the preparation, review, validation, and submission of regulatory reports and filings, including MCAS and the New York Profile.
Ensure regulatory submissions are accurate, complete, timely, and prepared in accordance with applicable requirements.
Monitor regulatory developments and support the Regulatory Change Management Program by evaluating new or revised requirements, documenting impacts, and assisting with implementation activities.
Partner with internal stakeholders to assess compliance implications, support issue resolution, and track remediation efforts as needed.
Maintain documentation, reporting calendars, control evidence, and related records in support of regulatory and compliance activities.
Identify opportunities to improve reporting processes, strengthen controls, and enhance operational efficiency.
Support regulatory examinations and compliance reviews by preparing documentation, responding to inquiries, and coordinating follow-up actions.
Engage and interact with internal and external business partners, including regulators, to ensure compliance with processes or fulfill compliance requirements.
Perform other compliance-related duties and special projects as assigned.