Property & Casualty Compliance Specialist (Hybrid/Remote)

Overview Ensures that the company is compliant and up-to-date regarding regulatory changes. Works with business partners to identify liabilities/changes and subsequently implements the changes. Applies knowledge of insurance statutes and regulatory environment to new product development initiatives. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements. Note: (For NJ candidates) This role will be located at our future headquarters in Short Hills, N.J. Until the new headquarters is operational, the successful candidate will be offered the ability to work in our Branchville, N.J. location during this interim period. Responsibilities Ensure that the company is up-to-date and compliant regarding regulatory requirements. Work with business units to recommend and implement regulatory changes. Collaborate with appropriate business units and external clients (i.e. regulators, trade associations, and industry peers) to identify potential liabilities. Research, analyze, and summarize insurance statutes and regulations as needed in conjunction with product development initiatives and/or in response to research requests from business units. Coordinate the business units' responses to regulatory inquiries and non-financial regulatory audits (i.e. market conduct examinations). Assist in developing business plans based on regional needs, emerging issues, company growth, and regulatory requirements. Attend trade association meetings and regulatory training opportunities. Qualifications Knowledge and Requirements Excellent written and verbal communication skills. Keeps abreast of legislative and regulatory environment. Strong insurance knowledge/coursework preferred. Education and Experience College degree preferred 5-7 years of insurance regulatory compliance experience Total Rewards Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page. The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs. Pay Range USD $101,000.00 - USD $131,000.00 /Yr. Additional Information Selective is an Equal Employment Opportunity employer. That means we respect and value every individual's unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions. For Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. #J-18808-Ljbffr