Compliance Program Support Analyst
Posted 30+ Days Ago
Title:
Compliance Program Support Analyst
Company:
Everest Global Services, Inc.
Job Category:
Compliance Oversight
Job Description:
About Everest:
Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.
At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:
• Generous tuition/continuing education reimbursement
• Mentoring opportunities
• Flexible work arrangements
• Talent development initiatives
• Networking groups
Job Summary
The mission of the Everest Group Compliance Department is to ensure, as a second line of defense, that legal, regulatory and ethics risks across Everest Group are effectively and efficiently controlled.
As a Compliance Program Support Analyst on the Compliance Program Support team, you will collaborate with subject matter Compliance Officers in working with insurance and reinsurance business and support functions to create and maintain controls over the various legal and regulatory compliance and ethics risks affecting Everest’s growing businesses.
You will help execute programs to meet Everest’s compliance goals and to promote the compliance program across the organization by making interactions run as smoothly and efficiently as possible.
You’ll use knowledge of commercial insurance and reinsurance to establish credibility with business and support function leaders so that the Compliance Department will be viewed as part of their team solving today’s business challenges.
This is a hybrid position working 3 days onsite in our Warren, NJ office and 2 days remote.
Responsibilities, in collaboration with the Chief Compliance Officer, Compliance Program Support Officer, and subject-matter Compliance Officers, include but are not limited to:
Assist in building up a second line of defense, consistent with requirements across jurisdictions, for all insurance and reinsurance business controls across all compliance topics
Assist in coordination of risk assessments across all compliance topics, to help enable deployment of available resources to meet the Annual Compliance Plan, as necessary
Assist in compliance quarterly and annual testings, for example by reviewing and analyzing filings, reports and records
Assist in compliance oversight and monitoring, for example by assisting in executing and following up on steps required under procedures
Assist in annual compliance surveys and questionnaires, for example by tracking responsiveness and being responsible for implementation of any changes to be made;
Assist in drafting and design of compliance reports, and in cross checking facts and details to be included in reports;
Be responsible for maintaining, establishing, and organizing records for the Department, as necessary
Assisting business, Legal, and key support functions to resolve identified issues, respond to government or regulatory examinations and inquiries, and ensure that going-forward controls are effective, key role in the management of regulatory examinations and inquiries
Qualifications, Education & Experience:
4-year college degree required
Minimum 5 years’ experience in the Property and Casualty (“P&C”) (re)insurance industry, with (re)insurance companies or producers, required
Significant experience handling or facilitating compliance-related functions and matters, in P&C (re)insurance (preferred) or other insurance-related organizations
Significant experience in project management, troubleshooting multi-functional projects and reviewing/revising procedural documentation
Industry designations related to compliance or insurance a plus. Paralegal experience desirable
Knowledge, Skills & Competencies:
Relationship-building, advocacy, and presentation skills, to create and operate Compliance Department Programs and build Compliance Department credibility and ensure acceptance of necessary compliance measures by all constituencies
Strong desire to be part of a collegial, collaborative and high-functioning Compliance Program Support team
Familiarity with the following compliance topics required:
Code of Conduct/Ethics/Conflicts of Interest
Policies and procedure development
Compliance monitoring and testing
Securities Law filings, research on EDGAR
Records Management
Management Reporting
Strong attention to detail and strong proofreading skills
Base of insurance knowledge required, of insurance products, including workers compensation, casualty, management liability, property, and marine and aviation/aerospace coverages; insurance distribution, including producers, MGUs and program administrators; claims handling
Proficiency in Microsoft Word, Excel and PowerPoint
Familiarity with webpage design and Power BI is beneficial
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.
Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
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#LI-Hybrid
Type:
Regular
Time Type:
Full time
Primary Location:
Warren, NJ
Additional Locations:
N/A