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