Regulatory Analyst with Property & Casualty Insurance Experience Job in Hartford, Connecticut US
Regulatory Analyst with Property Casualty Insurance Experience
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference. Description Summary: Manage the development, submission, negotiation and approval of Commercial Lines rate, rule and form filings commensurate with business objectives and in compliance with regulatory requirements. Provides support to business units on filing related issues. Coordinates interaction with business unit representatives, Legal, Government Affairs and other areas to assure appropriate individuals are involved during the course of a filing. Primary Duties and Responsibilities - Develop and prepare rule, rate and form filings to achieve business unit objectives and gain regulatory approval. Provide direction and support to the business units in the development and preparation of the material to be filed. - Develop overall filing strategy. - Manage the communication and negotiation of filings with state insurance departments in a manner that will result in timely approval of company products. Apply problem solving techniques to assist business unit personnel when responding to regulatory issues. Communicate with appropriate company personnel to ensure timely implementation of filings. - Review and analyze state insurance department statutes, regulations, bulletins, etc. to determine filing and regulatory requirements. Stay current on changes and developments that impact insurance design and development, in addition to filing requirements. In conjunction with Regulatory Manager/Sr. Regulatory Analyst, interpret state insurance statutes, regulations, etc. to provide guidance and direction to business units. - Manage bureau (ISO, NCCI) associated filings and related issues. - Develop and maintain extensive personal contacts with state insurance department staff. Represent the company at industry meetings. - Perform other related duties, including short or long term projects, as assigned by senior staff. Education / Work Experience / Qualifications - 2 year college degree or equivalent work experience required (minimum 3 years in filings, compliance or related fields). - Knowledge of regulatory and compliance aspects of the insurance industry. - Strong knowledge of general regulatory requirements as they relate to commercial insurance. - Knowledge of business line products, including company organization and procedures. - Develop expertise in state regulations for assigned states. - Willing to accept new responsibilities and adapt to change. - Strong prioritization and organizational skills. - Strong oral and written communication skills; ability to negotiate skillfully and successfully. - Communicates effectively at all levels across the organization Self-Management - Solid research and analytical skills. - Creative problem solving skills and ability to identify complex, critical and sensitive filing issues. - Ability to concisely present complex regulatory issues. - Understands, synthesizes and conveys complex data. - Takes responsibility for decisions and actions. - Ability to prioritize and multi-task duties and projects on a timely basis. - Establish and maintain cooperative relationships across organizational lines. - Ability to represent the company as its spokesperson, work in a sensitive environment and promote the company image. - Works independently and in a team environment; promotes teamwork. - Knowledge of various computer applications (Email, Microsoft Word, etc.) - Position located in Hartford, CT Travelers is an equal opportunity employer. We actively promote a drug-free workplace. Apply Apply Add to Favorites