Regulatory Reporting & Compliance Specialist (Hybrid)

Position Compensation Range:

Pay Rate Type:

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Accountabilities

• Ensure regulatory and stat reporting compliance for Enterprise.
• Identify Industry trends and opportunities for development of controls, procedures, alignment and regulatory reporting.
• Monitor and interpret regulatory legislation from DOI's, Boards, and Bureaus.
• Determine next action for complying - communicate and work with other departments to comply.
• Understand current market trends ensuring compliance, data integrity and best practices.
• Work with regulators, states, boards, bureaus, vendors and state agents related to new and existing regulations, new product, state development, legacy retirements, new data source development.
• Ensure consistency through documentation and review of existing policies driving automation, future state success while minimizing penalties and capitalizing on credit opportunities.
• Ensure reconciliation to Financials.
• Collaborate with various business units across the organization.
• Review and interpret enacted changes in legislation and regulation to business impact.
• Develop and provide business requirements for the implementation and maintenance of compliance reporting projects.
• Document processes and procedures related to regulatory and statistical reporting.
• May be required to complete other assignments or participate in projects based upon skills, achievements, or experience.

Specialized Knowledge, Skills, and Education Requirements

• Demonstrated experience providing customer-driven solutions, support, or service.
• Solid knowledge and understanding of insurance products.
• Exposure to state insurance laws and regulations, with willingness to continue learning in this area.

Preferred Qualifications:

• Knowledge of regulatory and statutory reporting requirements.
• 2+ years of experience in regulatory compliance, insurance, or relevant fields.
• Ability to develop and implement controls and procedures to ensure compliance.
• Ability to identify industry trends and opportunities for the development of controls and procedures.
• Ability to monitor and interpret regulatory legislation.
• Ability to collaborate with regulators, states, boards, bureaus, vendors, and statistical agents.
• Experience documenting processes and procedures related to regulatory and statistical reporting.
• Skills in driving automation and future state success while minimizing penalties and capitalizing on credit opportunities.
• Experience in Microsoft Excel, including the use of pivot tables, VLOOKUP, and complex formulas.
• Demonstrated experience in PowerPoint to create impactful presentations.

In this flex office/home role, you will be expected to work a minimum of 10 days per month out of the Madison, WI; Boston, MA or Keene, NH offices.

Travel Requirements

• Up to 10%

Licenses

• Not applicable.

Physical Requirements

• Work that primarily involves sitting/standing.

Working Conditions

• Not applicable.

• Offer to selected candidate will be made contingent on the results of applicable background checks

• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions

• Sponsorship will not be considered for this position unless specified in the posting

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email AskHR@AmFam.com to request a reasonable accommodation.