Compliance Analyst - State National (Workers' Compensation) - State National
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About the role
Markel Group (NYSE - MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We're all about people | We win together | We strive for better We enjoy the everyday | We think further
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What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The Regulatory Compliance Specialist is responsible for supporting the Markel US Insurance Division efforts to ensure compliance with state laws and regulation as they relate to the management of the insurance policy lifecycle; obtain regulatory approval of its rates, rules and forms; and communicate compliance concepts to internal partners ensuring the accurate implementation of underwriting processes. Develops and communicates company expectations to internal and external customers relative to assigned areas of responsibility. Meets statutory obligations within assigned areas of responsibility. Develops, enhances, and maintains business processes and procedures within assigned areas of responsibility. Monitors new laws or regulatory requirements related to areas of responsibility. Develops and implements appropriate measures of internal and external compliance within areas of responsibility. Maintains relationships with various state insurance departments and other regulatory bureaus/entities related to areas of responsibility. Becomes subject matter expert and assumes ownership of assigned areas. Research and analyze unique requirements resulting from new program managers, new products, or changes in insurance regulations. Designs processes to ensure compliance with new or updated regulatory requirements for the company and its internal and external customers. Facilitate meetings with internal and external business partners and regulators. Provide support and guidance to less experienced team members Additional Responsibilities Assists with special or ad hoc projects, as needed. Performs other duties and responsibilities as required or requested. JOB QUALIFICATIONS Education/Experience High School Diploma required Strong Microsoft Excel Knowledge Workers comp reporting or data calls experience preferred Skills/Abilities Maintains a proactive sense of curiosity and takes initiative when necessary. Comfortable addressing issues with incomplete instructions or multiple variables. Able to identify potential issues and escalate them to management with analysis and a focus on resolution. Familiarity with team's rhythm; adept at applying past situations to solve new problems, as appropriate. Able to take feedback from one project and apply it to improve future work product. Able to conduct research of medium complexity with ease. Able to self-check work and review work of coordinators to assess accuracy and quality. Proficient in proofreading to ensure completeness and detect omissions. Able to assess risk and make decisions with multiple unknowns. Able to analyze complex matters, determine path for resolution, and complete tasks timely. Prepares and reviews reports for accuracy prior to submission to management and regulators, identifying and resolving issues before delivery. Begin to assist in risk assessment of business operations and/or processes. Strong analytical, critical-thinking, and problem-solving skills. Excellent people and interpersonal skills. Well-developed written and verbal communication skills. Able to work independently with minimal guidance from management. Adept at research and analysis of regulations, statutes and case law across 50 states. Able to balance multiple concurrent timelines/tasks and meet deadlines. Able to produce accurate, on-time deliverables and communications. Ability to effectively collaborate and direct compliance issues to appropriate channels for investigation and resolution. Maintain a "big picture" perspective and be aware of the impact of change on both internal and external stakeholders. Strong attention to detail, highly organized, and able to balance multiple concurrent tasks/timelines. Proficiency in Microsoft Office Suite. Knowledge of Property & Casualty insurance preferred. Knowledge of insurance regulatory compliance preferred. General knowledge of the insurance industry preferred. Knowledge of NAIC annual statement lines of business preferred. #LI-Hybrid US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
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