Business Insurance Product Compliance Consultant

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Job Overview
Job Title:
Business Insurance Product Compliance Consultant
Company:****
Category:
Claims, Product Manager, Sales
Location:
Hartford, Connecticut
Tweets by @TRV_Careers
Business Insurance Product Compliance Consultant
Hartford, Connecticut
Company Summary
Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
Product Management/Pricing
Target Openings
1
Job Description Summary
This position is responsible for executing compliance policies and procedures and compliance quality reviews; generating compliance related metrics and scorecards, running compliance monitoring reports, researching fallout/outliers, and creating management information to ensure compliance with applicable state requirements and internal guidelines. Monitors the business areas to ensure compliance with statutory requirements relevant to the area. As applicable, interacts with internal business partners such as product, underwriting, regulatory affairs, IT, operations, and legal/compliance to resolve or clarify any compliance matters.
Primary Job Duties & Responsibilities
Regulatory Intake Management:
Intake, importing, and distribution of daily Circular Log activity
Ownership of procedures, best practices, and ongoing process optimization
Development of metrics/activity monitoring and reporting
Database/Sharepoint security, access monitoring, and rules maintenance
Compliance Monitoring and Oversight:
FRM reporting and metrics
Ad hoc compliance related research/projects
Performs compliance monitoring and quality assurance reviews
Assist with detailed evaluations of a department's adherence to compliance requirements
Corresponds with internal business areas to address any potential compliance issues and concerns
Provides guidance on and updates the content of various compliance procedures
Supports compliance related projects or process re-design
Performs other related duties as assigned
Minimum Qualifications
Minimum of 3 years of related professional compliance experience is required.
Education, Work Experience, & Knowledge
Bachelor's Degree preferred.
4 years of related experience preferred.
Job Specific Technical Skills & Competencies
Excellent verbal and written communication skills.
Alliance building.
Ability to work independently.
Ability to interact effectively with all levels of employees and agencies.
Integrity and confidentiality.
Business knowledge, including knowledge of business line products and procedures.
Detail oriented, yet able to set priorities.
Analytical and research skills.
Ability to work independently as well as with others in a team environment.
Proficient with Sharepoint, Cognos, Excel, and Powerpoint
Travelers offers a hybrid work location model that is designed to support flexibility. #LI-Hybrid
Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit ****About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2010.
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