Senior Compliance Consultant
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Remote Type: Hybrid
Locations: CT - Hartford, TX - Richardson, TN - Knoxville, WA - Spokane, NY - Glens Falls
Time Type: Full Time
Posted On: Posted 2 Days Ago
Job Requisition ID: R-39139
Who Are We?
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
Corporate Services/Other, Legal, Product
Compensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity, and location of the role; the skills, education, training, credentials, and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$79,000.00 - $130,400.00
Target Openings
1
What Is the Opportunity?
As a Sr. Compliance Consultant, you will be responsible for supporting the management of compliance initiatives. This role is responsible for implementing strategies to ensure compliance with state and federal laws, regulations, and company policies. In addition, you will be accountable for raising awareness of compliance matters.
What Will You Do?
Market Regulatory Activity:
- With guidance and oversight, participate in the coordination of information and responses for non-financial market regulatory activities, including market conduct exams, interrogatories, surveys, and data calls.
- Support the coordination and review of information and responses with other business groups and/or Corporate Compliance.
Address General Compliance Issues:
- Assist in providing internal stakeholders with advice and consultation on matters related to compliance with laws, regulations, applicable company policies, and ethical behavior.
- Assist with compiling reports on compliance-related data and trends.
Regulatory Change Management (RCM):
- Review and communicate new or revised laws, regulations, bulletins, and regulatory publications applicable to Travelers business.
- Work with the applicable business partners on lower complexity legal/regulatory change.
- Escalate more complex legal/regulatory change matters to management and/or internal stakeholders for attention.
Consumer Complaints:
- With oversight, research and assist with higher complexity consumer complaints.
Licensing:
- Facilitate and monitor the licensing of company entities or adjusters, attorneys, and/or producer/agencies to ensure compliance with applicable state rules and regulations by obtaining and maintaining licenses.
- Assist with response to regulatory inquiries and investigations regarding licensing.
- May have contact with regulatory bodies.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Bachelor’s Degree
- Five years prior experience with state jurisdictional guidelines, regulations, and procedures.
- Ability to analyze and understand laws and regulations as required.
- Excellent written and verbal communication skills with the ability to clearly convey information to various audiences.
- Strong relationship building skills with the ability to work both independently and collaboratively with internal and external partners.
- Ability to manage time and competing priorities and provide management with accurate and timely status information.
- Thinks strategically with the ability to develop new methods, processes and/or approaches to achieving objectives. Is resourceful in solving problems by identifying customer needs and taking appropriate action to meet those needs.
- Ability to gather, analyze and interpret information to propose recommendations.
What is a Must Have?
- Three years of relevant business, compliance, and/or regulatory experience.
What Is in It for You?
- Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
- Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
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 here.
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