Compliance Analyst, Commercial Risk-Middle Market

Compliance Analyst

The Baldwin Group is an award-winning entrepreneur-led and inspired insurance brokerage firm delivering expertly crafted Commercial Insurance and Risk Management, Private Insurance and Risk Management, Employee Benefits and Benefit Administration, Asset and Income Protection, and Risk Mitigation strategies to clients wherever their passions and businesses take them throughout the U.S. and abroad. The Baldwin Group has award-winning industry expertise, colleagues, competencies, insurers, and most importantly, a highly differentiated culture that our clients consider an invaluable expansion of their business. The Baldwin Group, takes a holistic and tailored approach to insurance and risk management.

As a Compliance Analyst, he/she assists in the development and execution of strategy that supports effective and efficient regulatory compliant review, oversight of action plans to remedy compliance gaps and compliance monitoring services. Provides guidance regarding products, services and processes through a compliance framework to ensure they are executed in accordance with regulatory requirements. He/she drives a strong culture of compliance and demonstrates integrity and professional judgement in protecting the interests of the firm and its clients.

Principal Responsibilities:

• Perform compliance reviews and monitoring for compliance with legal and regulatory recommendations to ensure all P&C products are compliant.
• Monitor severe or CAT weather conditions and make any necessary moratorium recommendations.
• Identify compliance risks and recommend controls in connection with operational and business processes, including assistance in drafting process documents with controls included.
• Gather required documentation to respond to customer / DOI complaints.
• Provide compliance support and identify outstanding compliance issues as well as oversee proper implementation of corrective action when issues are identified.
• Assist with any compliance related filings.
• Assist with product related changes and testing.
• Provide support for regular licensing audit review.

Education, Experience, Skills and Abilities Requirements:

• Bachelor's degree; or equivalent combination of education and work experience.
• Basic knowledge of compliance laws, regulations and regulatory expectations.
• Demonstrated ability to evaluate risk and make recommendations.
• Ability to read, analyze, and interpret insurance policies, regulations, and procedure manuals.
• Proficiency in MS Office Suite, with a focus on Outlook, Excel and Word.

Special Working Conditions:

• Fast paced, multi-tasking environment.

Important Notice:

• This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be modified to reasonably accommodate physically or mentally challenged colleagues.