Commercial Risk Services Divisional Compliance Officer Job in Philadelphia, Pennsylvania Us
ACE Group
The ACE Group of Companies is one of the worlds leading global commercial
property and casualty insurance and reinsurance organizations, with 16,000
employees worldwide and offices in more than 50 countries.
ACE serves the property and casualty insurance needs of businesses of all
sizes in a broad range of industries. We also provide specialized insurance
products—such as personal accident, supplemental health and life insurance—to
individuals in select countries. Our reinsurance operations include both
property and casualty and life companies.
Details of this critical opening follow:
CRS Divisional Compliance Officer
**This role can be located in either our Philadelphia office or Roswell, GA office.
Responsible for the day to day management and coordination of the Compliance Program for ACE Commercial Risk Services
Skills desired:
• Comprehensive experience in planning and in management
• Experience with customer facing small to middle market business and workers’ compensation
• Experience with Agency/Producer distribution systems and procedures
• Opportunity identification and development to meet organizational goals
• Superior verbal and written communication skills
• Handle confidential reports, communication and information
• Advanced ability to gather, research and analyze compliance information and generate reports
• Leadership skills to effect change
• Self-starter with the ability to react and problem-solve in a fast-paced environment
• Knowledge of insurance company functional areas
• Technology skills (Excel, SharePoint, Word)
Specific duties/responsibilities:
• Provide guidance to business divisions in order to support compliant underwriting goals and objectives throughout North America (“NA”)
• Prepare directives for procedures and standards in support of regulatory changes
• Coordinate compliance activities within the NA compliance structure
• Assist with compliance risk assessments for CRS business units
• Manage and support customer facing compliance standards and objectives
• Manage and coordinate rate and form filings
• Respond to or coordinate responses to consumer complaints in timely manner
• Participate in CRS underwriting audits
• Participate in the Management Audit Committee
• Oversee special projects, meetings, and investigations
• Assist with market conduct and financial examinations within the NA compliance structure
• Keep senior management informed of relevant changes in state/federal laws and regulations and of the status of business divisions compliance
• Must be comfortable in performing legal research using various tools and in analysis of applicable law
• Maintain the Regulatory Compliance SharePoint site
• SOX coordinator – review and update key and non-key controls annually; ensure testing completed timely; facilitate the quarterly attestation process
• Handle monthly monitoring and reporting of affiliated transactions
• Meet with legal, CUO’s, claims and other business division leaders for compliance initiatives
• Provide assistance to underwriters on compliance-related issues
• Participate in compliance training including surplus lines
Requirements
• Extensive compliance experience in the insurance/financial services industry
• Extensive knowledge of insurance law
• Excellent work ethic and time management skills
• Effective management skills
• Audit experience
• Insurance Agency experience
• Experience with small to middle market customer facing business
• Ability to work in a collaborative environment
• Detail oriented with effective follow-up skills
ACE offers a competitive salary plus cash bonus, equity opportunities and a
comprehensive benefits package including life, health, dental, vision, a
generous retirement savings plan with a generous company match, disability
coverage, stock purchase plan, flexible spending accounts, tuition
reimbursement, and business casual dress.
Sound like the right job for you? For consideration, please apply below.
If you would like additional information about the ACE Group, please visit our
website at http://www.acelimited.com