Senior Insurance Regulatory Compliance Specialist - Eastern Alliance

Role Overview This position supports our workers' compensation line of business, Eastern Alliance, and is hybrid, reporting to our Lancaster, PA or Carmel, IN office locations approximately two days per month. Responsibilities 30% – Responsible for coordination and filing of all statutory financial filings, including quarterly and annual statutory financial filings with state insurance departments. 30% – Responsible for maintaining and updating compliance records related to each state, including state insurance licenses and related documentation. Maintenance includes annual renewal of licenses and other required state filings. 15% – Maintenance of compliance reporting system (Code Compliance), including monitoring for regulatory changes and communication of those changes to the appropriate departmental staff. 5% – Provide support to other departments with compliance research, addressing compliance issues, etc. 5% – Review and process regulatory invoices for payment. 5% – Assist Finance department with financial data calls as needed. 3% – Maintain OFAC procedures for each department. 3% – Handle insurance department complaints and maintain complaint log. 2% – File and maintain EDI Trading Partner Agreements. 2% – Section 111 Medicare Secondary Payer profile reports and recertifications. Qualifications Bachelor’s degree in business or related field with a minimum of four years progressive experience in compliance and/or legal field is required. Eight years of compliance/legal experience can replace the bachelor’s degree requirement. Insurance regulatory/compliance experience preferred. Paralegal certification is a plus. Knowledgeable in various software packages required to provide effective office support, including Microsoft Office products, such as Word, Excel, PowerPoint, and Outlook. Ability to communicate effectively both verbally and in writing with all levels of the organization as well as with outside customers, vendors, and regulators. Critical thinking and basic analytical ability, to gather data and summarize for reports; find solutions to problems and prioritize work. Continual attention to detail in composing, typing and proofing materials, establishing priorities, and meeting deadlines. Ability to work independently and make informed judgements. Proficient in prioritizing tasks to meet deadlines. The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills, or working conditions. Salary $76,208.00 - $125,756.00 The salary range displayed represents the entirety of the pay grade for this position. Most candidates will start in the bottom half of the range. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, your location and comparison to other team members already in this role. Build your career with us and enjoy access to a best-in-class benefits program. #J-18808-Ljbffr ProAssurance