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Compliance Consultant
- Travelers Insurance Company (Hunt Valley, MD)
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Who Are We?
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
Legal
Compensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$65,300.00 - $107,600.00
Target Openings
1
What Is the Opportunity?
As a Compliance Consultant, you will be responsible for assisting with compliance initiatives with specific focus on regulatory change management. This role is responsible for supporting strategies to ensure compliance with state and federal laws, regulations, and company policies. In addition, you will be accountable for raising awareness on compliance matters.
What Will You Do?
+ Market Regulatory Activity:
+ With guidance and oversight, assist in providing information for non-financial market regulatory activities, including market conduct exams, interrogatories, surveys, and data calls.
+ Address General Compliance Issues:
+ Maintain awareness of matters related to compliance with laws, regulations, applicable company policies, and ethical behavior.
+ Regulatory Change Management (RCM):
+ Review and communicate new or revised laws, regulations, bulletins, and regulatory publications of applicable to Travelers business.
+ Provide support to applicable business partners on assigned legal/regulatory change matters to implement and/or modify business processes, systems, or workflows to ensure compliance.
+ Monitor, track and respond to inquiries from business partners and third parties pertaining to regulatory changes.
+ Perform other duties as assigned.
What Will Our Ideal Candidate Have?
+ Bachelor’s Degree
+ Three years prior experience with state jurisdictional guidelines, regulations, and procedures.
+ Ability to analyze and understand laws and regulations as required.
+ Excellent written and verbal communication skills with the ability to actively listen and empathize and pay attention to detail and clearly convey information to various audiences.
+ Relationship building skills with the ability to work both independently and collaboratively with internal and external partners and build rapport.
+ Ability to manage time and competing priorities and provide management with accurate and timely status information.
+ Analyze information using reasoning and judgment to make decisions and solve problems.
What is a Must Have?
+ Two years of relevant business, compliance, and/or regulatory experience.
What Is in It for You?
+ **Health Insurance** : Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
+ **Retirement:** Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
+ **Paid Time Off:** Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
+ **Wellness Program:** The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
+ **Volunteer Encouragement:** We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email ([email protected]) so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/ .
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