Senior Compliance Specialist

Ascot Group • Hartford, CT

11d • $115,000 - $125,000

About The Position

The Senior Compliance Specialist is responsible for the oversight and execution of regulatory, bureau, and product compliance initiatives across applicable lines of business. The role is responsible for monitoring, interpreting, and implementing changes issued by insurance industry bureaus—including ISO, AAIS, and NCCI, as well as applicable state regulatory authorities. This position ensures timely adoption of new and revised forms, rules, rates, and related compliance requirements, and partners closely with internal stakeholders to embed compliance into product design, underwriting, policy administration, and operational processes.

Requirements

• A minimum of 7 years of experience working in a compliance role within an insurance company.
• Workers’ Compensation experience required.
• Advanced knowledge ISO, NCCI, SERFF and other bureau advisory filings and manuals
• Advanced working knowledge of insurance principles procedures and best practices, rating methodologies and state insurance regulation.
• Ability to interpret relevant industry trends and information within the industry and react in alignment with company strategic objectives.
• Highly collaborative and ability to work cross functionally.
• Strong written and verbal communication skills.
• Exceptional organizational skills and attention to detail.

Responsibilities

• Responsible for the development and execution of regulatory and bureau compliance strategies across all applicable jurisdictions and lines of business.
• Monitor, analyze, and interpret regulatory changes, bureau circulars, manuals, bulletins, and advisory materials issued by ISO, AAIS, NCCI, and state insurance departments.
• Oversee the evaluation, adoption, and implementation of new and revised bureau forms, rules, rates, and loss costs, ensuring accurate and timely incorporation into product offerings and systems.
• Partner closely with Legal, Underwriting, Claims, Actuarial, Product, and Compliance teams to ensure regulatory and bureau requirements are embedded throughout business processes.
• Serve as a primary point of contact for bureau-related matters, including inquiries, clarifications, and coordination with ISO, AAIS, NCCI, SERFF and similar organizations.
• Collaborate with IT, product enablement, and data teams to identify and remediate systemic compliance issues and to improve automation, controls, and governance within compliance workflows.
• Responsible for responding to product data calls.
• Develop and maintain a quality assurance framework to validate policy administration system outputs against approved filings, bureau rules, rating algorithms, and regulatory requirements.
• Partner with Underwriting Governance and Actuarial functions to align filings and bureau adoptions with business strategy, operational readiness, and market competitiveness.
• Lead internal communications and change-management efforts related to regulatory and bureau updates to ensure consistent understanding and execution across the organization.
• Engage and manage external consultants or vendors as needed to support bureau compliance, filings, or regulatory initiatives.
• Support internal audits, regulatory examinations, and compliance reviews related to product, bureau, and regulatory requirements.
• Provide training, guidance, and reference materials to internal stakeholders on bureau rules, regulatory obligations, and compliance best practices.
• Oversee jurisdiction-specific compliance reporting and ongoing monitoring obligations.
• Commit to The Ascot Way: Demonstrate The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Benefits

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
• Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
• Retirement Benefits: Contributory Savings Plan (401k)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed