Regulatory Compliance Analyst

Experience - 3+ years Location - Fort Lauderdale, FL, USA

Core Skills - Communication, Documentation, Insurance Compliance Laws, IT

Educational Qualification - Bachelor’s degree in a related field

About the Role

RD Global is a software consultancy with focus on Web & Application Development, UX Design, Robotic Process Automation (RPA), Mobile Development, IOT and Cloud Enabling. We develop software solutions for our partners by combining our professional expertise, domain experience and knowledge of latest technology trends. You may learn more about us at https://www.rdglobalinc.com/

The Regulatory Compliance Analyst will be responsible for performing compliance research and regulatory analysis in order to monitor regulations, assess risk, and mitigate concerns in support of product development and business operations. Assess compliance of guidelines, procedures, filings, forms, and programs. The ideal candidate will be familiar working with IT teams, have knowledge of insurance compliance, strong communication skills, and experienced with client facing interactions.

Roles & Responsibilities:

Research regulations by reviewing regulatory bulletins and other sources of information
Prepare reports by collecting, analyzing, and summarizing information
Compile information and maintain relevant records related to quality improvement and compliance monitoring activities for internal use
Understand the different types of insurance (lines of authority)
Understanding of NAIC, NIPR vs Sircon
Conduct routine audits to ensure continuous compliance
Develop and maintain processes and procedures regarding licensing/renewal/terminations
Research corporate licensing filings
Ensure that company systems and products follow state and/or federal regulations
Identify potential risks and liabilities from non-compliance, and devise strategies to mitigate these risks
Provide guidance to team as to best practices
Maintain updated knowledge of insurance regulations and compliance issues

Requirements:

Bachelor's degree or four (4) years of equivalent work experience
Minimum three (3) years experience in the Property & Casualty, Life, or Health & Disability Insurance Industry
Ability to understand and interpret insurance laws, regulations, industry guidelines, statutes, administrative regulations, and precedents
Strong research skills particularly in the area of insurance compliance laws and regulations
Knowledge of insurance or risk management
Familiarity with software development methodologies, and experience collaborating with cross-functional teams, including product managers, developers, and QA engineers is a plus
Strong ability to multi-task on projects while being attentive to details and target dates
Ability to work with a team and with all levels of the organization
Self-motivated and goal-oriented
Proven analytical and problem-solving abilities
Excellent oral and written communication skills
Strong interpersonal skills
Proficient in Word, Excel, and PowerPoint

Location:

On-site Fort Lauderdale, FL