Regulatory & Filings Analyst Job

Job Title: Regulatory & Filings Analyst
Job ID: 791311
Location: CT-Hartford

Available Openings: 1

Committed. Competitive. Constructing our Future.

That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.

Summary

Prepare Personal Lines manuals in support of rate changes and product introductions. Compile, submit and negotiate approval of Personal Lines rate, rule and form filings. Provide support to business units on filing related issues. Coordinate interaction with business unit representatives, Legal, Government Affairs and other areas as appropriate throughout the filing process. Distribute finalized manuals for internal and external use.

Primary Responsibilities

Understand and support the overall filing strategy for assigned states. Assist various PL business units throughout the development and preparation of filing materials. Revise and maintain Personal Lines auto, home & OPL rate/rule manuals and underwriting guidelines in support of state rate/product changes, countrywide initiatives, and product launches. Compile, submit & negotiate approval of rate, rule and form filings in support of the organization-s goals and objectives and in compliance with state regulatory requirements. Manage the communication and negotiation of filings with state insurance departments and appropriate company personnel in order to ensure timely approval of filings. Contribute to the preparation of responses to state insurance department inquiries. Distribute revised and finalized rate/rule manuals for internal (business center and product management) and external (state insurance department, agent and vendor) use.

In conjunction with Regulatory Manager/Director, review and interpret state insurance department statutes, regulations, bulletins, etc. to determine impact and ensure adherence to Personal Lines filing and regulatory requirements. Communicate resultant impacts to appropriate business areas.

Develop and maintain extensive contacts with state insurance department staff. Represent the company at industry meetings. Participate on ad hoc projects and strategic initiatives, as assigned by senior staff. Respond to DOI premium surveys and data calls.

Education/Work Experience Qualifications

-Familiarity with regulatory and compliance aspects of the insurance industry
-Knowledge of personal lines industry and products
-4 year college degree or equivalent work experience required (minimum 3 years in regulatory, compliance or product fields)
-Foundational application skills (Microsoft Word, Outlook & Access, Adobe Acrobat, etc.)

Other/Competencies
Technical Expertise/Business Knowledge

-Familiarity with regulatory requirements as they relate to personal insurance
-Proven problem solving skills
-Ability to develop expertise in state-specific regulations for assigned states
-Demonstrated production of quality work products
-Solid research and analytical skills
-Ability to understand and support evolving business needs
-Strong attention to detail

Communication

-Strong oral and written communication skills
-Ability to negotiate skillfully and successfully
-Ability to identify, understand and synthesize complex issues
-Effective communication at all levels across the organization

Self-Management

-Ownership of decisions and actions
-Prioritization and management of competing duties and projects
-Ability to meet established service level agreements
-Establishment of self as credible, reliable and available both within and outside the organization
-Capable of responding to issues and problems in a timely, consistent and reasonable manner

Interpersonal Skills/Contribution to Overall Effectiveness of Unit

-Establishment and maintenance of cooperative relationships across organizational lines and with insurance department contacts
-Willingness to accept new responsibilities and adapt to change
-Capable of representing the company image, working within a sensitive environment and promoting the organization-s goals and objectives
-Ability to work independently and in a team environment

Travelers is an equal opportunity employer. We actively promote a drug-free workplace.

Nearest Major Market: Hartford