Insurance Compliance Lead

Company Name:
Frontline Source Group
Insurance Compliance Lead - North Fort Worth, TX - Direct Hire
Frontline Source Group - temporary staffing and direct hire firm - is offering an excellent opportunity to join the team of one of our top North Fort Worth clients.
Job Summary:
The Compliance Lead is responsible for maintaining on-going regulatory compliance initiatives including: Oversight of a wide range of Property and Casualty insurance compliance and market regulation responsibilities across a 50-state footprint. This lead will research, analyze, and review business processes to ensure correct and timely implementation of regulatory requirements, identify monitoring needs, and ensure that business changes are made and documented according to the company's compliance program. The Compliance Lead will interact with all levels of management and departments across the organization as well as external customers and regulators. The Compliance Lead will aid staff as they meet a complex variety of compliance and regulatory reporting obligations as well as provide support and guidance to senior management on compliance-related issues.
Job Responsibilities:
Act as lead for compliance activities by partnering with business owners, enabling functions, and internal Legal/Compliance Department resources to ensure successful completion/implementation within established timeframes as required by regulatory entities and internal expectations
Develop a thorough understanding of company policies, procedures, state and federal regulatory requirements, quality control and monitoring activities
Assess business processes and make proactive recommendations to mitigate compliance risk and identify monitoring and reporting needs when business, system, or regulatory changes go into effect
Maintain discretion when disseminating critical and/or confidential information while ensuring appropriate parties are informed
Compile accurate and timely documentation/data in response to state and federal correspondence and deadlines
Participate in system enhancements or changes to procedures related to change in state and federal regulation
Foster open communication and information sharing within the department to ensure that all team members are knowledgeable of department responsibilities, goals, initiatives and established deadlines
Propose, initiate, maintain, and revise policies and procedures for the general operation of the Compliance Department and its related activities
Research, communicate and track compliance obligations and recommend necessary policies and procedures
Be available in support of the daily activities of staff, including recommending appropriate performance standards and providing input as to performance
Review and clarify cross-departmental compliance processes for improved effectiveness and efficiency and propose service benchmarks and report on performance measurements
Identify potential areas of compliance vulnerability and risk
Plan, coordinate and distribute workflow
Oversee compliance and regulatory reporting functions and assist staff with interpreting compliance statutes and regulations
Resolve escalated complaints and answer questions from stakeholders regarding services and procedures
Provide assistance for internal program analysis and audits
Aid in recruiting, training, developing and retaining staff
Provide guidance on complex analytical projects in order to meet project deadlines
Offer leadership and oversight to compliance coordinators/analysts and provide direction to assigned components of project work
Complete other related duties and projects, as assigned
Identify and implement projects including process improvements and product development
Provide training to internal customers on compliance obligations and processes
Assist in regulatory responses and coordination of exams from Departments of Insurance and other Regulatory entities
Review new legislation and current litigation for applicability
Bachelor's degree in relevant studies preferred and/or equivalent experience required
3-5 years supervisory/management experience preferred
5-10 years of broad, progressive property and casualty insurance experience in areas of compliance, market regulation, underwriting or product development preferred
Experience in Property and Casualty insurance preferred
Experience with a program services business model and/or Collateral Protection products a plus
Experience with regulatory research tools and methods required
Insurance professional designation(s) a plus (CPCU, AMCM/MCM, ARM, ARe, ARC, etc.)
Knowledge of regulatory reporting obligations and procedures preferred; including Statistical Reporting to NISS, Workers Compensation Reporting to NCCI and Bureaus, DMV/ALIR Reporting, DOI Complaint Response, Anti-Fraud Reporting, and ISO/AAIS/ACORD Participation
Knowledge of department of insurance compliance procedures a plus; including Complaint Response, Market Conduct Examinations, Company Licensing, Financial Examination, Anti-Fraud Compliance, Rate/Rule/Form Filing rules, and Agent Licensing and Appointment
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Please visit us on the web at http://www.frontlinesourcegroup.com/fortworth.htm
Equal Opportunity Employer, M/F/V/D. Candidates must have authorization to work in the U.S. Clients will not sponsor visas.
Frontline Source Group(TM) is one of the fastest growing Information Technology, Accounting, Legal, Human Resources, Administrative, and Clerical staffing and direct hire firms with offices throughout Texas (Arlington, Austin, Dallas, Fort Worth, Plano, Houston Galleria, Lewisville, West Houston, San Antonio, Sugar Land, and The Woodlands), Tennessee (Nashville and Brentwood), Arizona (Phoenix and Scottsdale), and Oklahoma (Oklahoma City). Denver, Colorado coming soon

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