Regulatory Analyst -w/Property & Casualty Insurance experience Job

Job Title: Regulatory Analyst -w/Property & Casualty Insurance experience
Job ID: 791150
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:
Manage the development, submission, negotiation and approval of rate, rule and form filings for the Commercial and Specialty Lines businesses commensurate with business objectives and in compliance with regulatory requirements. Provides support to business units on filing related issues. Coordinates interaction with business unit representatives, Legal, Government Affairs and other areas to assure appropriate individuals are involved during the course of a filing.

PRIMARY DUTIES:
- Develop and prepare rule, rate and form filings to achieve business unit objectives and gain regulatory approval. This includes providing direction and support to the business units in the development and preparation of the material to be filed. In conjunction with Sr. Regulatory Analyst, develops the overall filing strategy.

- Manage the communication and negotiation of filings with state insurance departments in a manner that will result in timely approval of company products. Apply problem solving techniques to assist business unit personnel when responding to regulatory issues. Communicate with appropriate company personnel to ensure timely implementation of filings.

- Review and analyze state insurance department statutes, regulations, bulletins, etc. to determine filing and regulatory requirements. Stay current on changes and developments that impact insurance design and development, in addition to filing requirements. In conjunction with Sr. Regulatory Analyst, interpret state insurance statutes, regulations, etc. to provide guidance and direction to business units.

- Manage bureau (ISO, NCCI, SAA) associated filings and related issues.

- Develop and maintain extensive personal contacts with state insurance department staff. Represent the company at industry meetings.

- Perform other related duties, including short or long term projects, as assigned by senior staff.

EDUCATION/COURSE OF STUDY:
Qualifications
- Knowledge of regulatory and compliance aspects of the insurance industry preferred but will train on this piece as long as the candidate has a Property & Casualty background.
- Knowledge of Commercial and Specialty Lines products, including company organization and procedures.
- Ability to develop strong oral and written communication skills; ability to negotiate skillfully and successfully.
- Ability to analytical and research skills.
- Strong prioritization and organizational skills.
- Two year college degree or equivalent work experience required (minimum three years in filings, compliance or related fields).
- Knowledge of various computer applications (Email, Microsoft Word, etc.)

OTHER:
Competencies:

Technical/Business Competence
- Strong knowledge of general regulatory requirements as they relate to commercial insurance.
- Develop expertise in state regulations for assigned states.
- Develop problem solving skills and ability to identify complex, critical and sensitive filing issues.
- Quality work products that are accurate, clear, concise and thorough.

Communication
- Ability to concisely present complex regulatory issues.
- Understands, synthesizes and conveys complex data.
- Good oral and written communication skills.
- Communicates effectively at all levels across the organization

Self-Management
- Takes responsibility for decisions and actions.
- Ability to prioritize and multi-task duties and projects on a timely basis.
- Establishes self as credible, reliable and available both within and outside the organization.
- Understands the business and responds to all related issues and problems in a timely manner.

Interpersonal Skills/Contribution to Overall Effectiveness of Unit
- Establish and maintain cooperative relationships across organizational lines.
- Willing to accept new responsibilities and adapt to change.
- Ability to represent the company as its spokesperson, work in a sensitive environment and promote the company image.
- Works independently and in a team environment; promotes teamwork.

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

Nearest Major Market: Hartford
Job Segment: Insurance