A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.
Job Description
We offer a merit-based work-from-home program based on job responsibilities. After initial training in-person, this specific role could have the flexibility to work from home up to 3 days per week.
Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated individual to join our Underwriting department as a Compliance Specialist. The position requires the person to:
- Review, on an ongoing basis, State/Federal statutes, regulations and bulletins that impact compliance requirements.
- Evaluate current policies, procedures and products to ensure compliance with applicable laws. Make recommendations for change where appropriate.
- Provide accurate and relevant information that will support decisions and determinations regarding all compliance related issues.
- Assess risk potential of current procedures and recommend any necessary procedural changes to minimize loss exposure.
- Assist in the development and implementation of strategies to ensure compliance with policies and procedures, and to avoid future compliance problems.
- Ensure that any change in policy or procedure is clearly communicated, through both written and verbal means, to impacted departments/vendors. Follow up to ensure new procedures are understood and implemented.
- Assist external compliance examiners during a market conduct examination or audit, making available the information that is necessary to complete the examinations.
- Assist in the revision and/or design of forms, products and procedures to ensure compliance with all State and Federal laws and company standards.
- Assist in the development of compliance training programs.
- Assist team members with questions related to compliance and proper procedures.
- Review, on an ongoing basis, implementation of policies and procedures in accordance with applicable laws.
- File forms, surveys, certifications and annual filings that may be due with various state insurance departments and other organizations, as applicable.
Desired Skills & Experience
- Bachelor’s degree or equivalent experience
- Ability to interpret documents such as instructions and policies and procedure manuals and carry tasks to completion in an organized manner.
- Ability to read and interpret State and Federal statutes, regulations, bulletins, other legislative correspondence, insurance policies and company procedures.
- Ability to communicate effectively and professionally both in oral and written forms.
- Possess good problem resolution and organization skills.
- Ability to make decisions and meet deadlines.
- Ability to work effectively with associates at all levels.
- Must be able to operate a personal computer and have skills in Company documentation software, proficiency in spreadsheets, database applications and document management software.
- Must have proficiency with research software as well as internet research.
- The ability to train others upon the request of the supervisor.
- Ability to maintain confidentiality and a professional business image.
- One to four years of experience in a compliance environment preferred.
Benefits
Auto-Owners offers a wide range of career opportunities, and we are seeking talent that will help us continue our long tradition of success. We offer a friendly work environment, structured training program, employee mentoring and an excellent compensation/benefits package. Along with a competitive base salary, matched 401(k), fully-funded pension plan (once vested), and bonus programs, Auto-Owners also provides generous paid time off including holidays, vacation days, personal time, and sick leave. If you're looking to do rewarding work alongside great people, Auto-Owners is the place for you!
Equal Employment Opportunity
Auto-Owners Insurance is an equal opportunity employer. The Company hires, transfers, and promotes on the basis of ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state or local law.
*Please note that the ability to work in the U.S. without current or future sponsorship is a requirement.
