Risk & Compliance Manager

Alfa Insurance Corporate Careers • Montgomery, AL

381d

About The Position

The Risk and Compliance Manager at Alfa Insurance is responsible for leading and managing the company's operational, financial, compliance, and strategic risks. This role involves ensuring adherence to industry regulations, fostering communication, and collaborating with various teams to mitigate potential risks and maintain ethical standards within the organization.

Requirements

• BA/BS degree in Auditing, Accounting, Finance, IT, Insurance, Risk Management or other related business discipline required.
• Master's degree preferred.
• One or more certifications preferred (CPA, CIA, CRM, CMA, CISA, CRMP) or other comparable designations.
• Legal education/certificate (i.e., paralegal certificate) a plus.
• Five years' experience in a compliance and/or risk management discipline (including audit, enterprise risk management, legal, corporate insurance, accounting, underwriting/loss mitigation, operations, etc.) required.
• Excellent skill set in reading and interpreting the highly technical and legal language of applicable technical literature (e.g., laws, regulations, accounting, and auditing pronouncements, policies and procedures, etc.) for areas of assignment.
• Strong foundation in compliance, enterprise risk management, and/or related fields.
• Diverse knowledge and experience in a broad spectrum of business disciplines (compliance, legal, cybersecurity, financial analysis, insurance, operations, strategic planning, etc.) and prior managerial experience preferred.
• Excellent oral and verbal communication skills; excellent presentation skills in order to translate technical and legal information into understandable terms.
• Strong analytical and exceptional problem-solving capabilities; excellent report summation skills; creative 'out of the box' thinker.
• Self-motivated, organized and able to develop various programs, standards, etc. for company-wide application.
• Skilled in meeting deadlines, working under pressure and working autonomously in a team environment; excellent project management skills.
• Effective leadership and management skills; able to interact and serve as a strategic partner with senior management and assigned Business Unit leads.
• Skilled in applicable computer software programs, such as Microsoft Excel, Access, and/or Word.

Nice To Haves

• Master's degree preferred.
• Legal education/certificate (i.e., paralegal certificate) a plus.
• Prior managerial experience preferred.

Responsibilities

• Oversee Alfa's corporate insurance program, minimizing risk and financial loss through effective policy procurement and broker relationship management.
• Design and implement compliance programs to ensure adherence to regulatory requirements.
• Develop and maintain corporate policies and manage training for employees.
• Coordinate regulatory examinations and inquiries.
• Work with IT Security and management to implement privacy and cybersecurity programs that protect sensitive information.
• Support cybersecurity committees and ensure risk oversight across business units.
• Assist with the corporate ERM program, focusing on third-party risk management to evaluate and monitor vendors effectively.

Benefits

• Opportunity for annual performance bonus
• Discounts on your auto insurance (underwriting approval required)
• Health, dental, supplemental cancer, vision insurance and 401(k) plan
• Paid Time Off Bank to include 3 days PTO available after first 80 hours worked for New Hires
• Short-term and long-term disability
• Flexible Healthcare and Childcare spending accounts for tax savings
• Opportunities for advancement
• Continuous training and support throughout your career with Alfa
• College tuition discounts at various colleges in Alabama
• Fitness center
• Onsite cafeteria
• Access to onsite childcare center

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 501-1,000 employees