Risk Analyst - Noor Staffing Group
New York, NY
About the Job
Regulatory and Governance Specialist
Responsibilities:
Regulatory Duties:
Conduct thorough reviews and analysis of state insurance department statutes, regulations, bulletins, and other relevant documents to identify new filing and regulatory requirements.
Stay informed about changes and developments affecting insurance design, development, and filing requirements.
Provide clear guidance and instructions to business units on implementing new laws and regulations that impact business operations.
Develop and nurture strong relationships with state insurance department personnel, collaborating with Legal and Compliance teams to address regulatory issues and represent the company at industry gatherings.
Manage and oversee regulatory examinations, including financial and market conduct examinations, as well as other regulatory audits.
Support Property & Casualty and Accident & Health Business units in obtaining primary and expansion certificates of authority.
Track fines and penalties, and provide key performance indicator (KPI) reporting for the team.
Governance Duties:
Coordinate and manage corporate secretary matters for subsidiaries using Diligent Entity Management and Diligent Boards.
Assist in drafting basic corporate law documents, such as resolutions and unanimous written consents for Board and Committee meetings.
Prepare and maintain updates for biographical affidavits.
Support various regulatory operations analysis and activities as necessary.
Requirements:
Bachelor's degree (B.S.) from a four-year college or university and 3-5 years of relevant experience and/or training.
Strong background in insurance regulatory filings and knowledge of business line products, company organization, and procedures.
Notary license preferred.
Excellent verbal, written, and interpersonal communication skills.
Ability to effectively present information and respond to inquiries from managers, clients, and customers.
Experience working with remote teams.
Proficiency in calculating figures and amounts, including discounts, interest, commissions, proportions, and percentages.
Strong problem-solving skills and the ability to collect and analyze data to draw valid conclusions.
Highly organized with a proactive and collaborative approach.
Proficient in Microsoft Excel, Word, and Outlook.
If you meet these qualifications and are looking for a challenging and rewarding role in regulatory and governance, we encourage you to apply.