Crum & Forster logo
Crum & Forster

Crum & Forster, part of Fairfax Financial Holdings Limited, is an admitted property and casualty insurance company that's been A-rated by A.M. Best. As an emplo

Compliance Analyst

Location

New Jersey

Posted

5 days ago

Salary

$53.2K - $100K / year

Seniority

Senior

Bachelor Degree3 yrs expEnglish

Job Description

Compliance Analyst

Crum & Forster

• Prepare, develop and issue policy contracts, amendments and related forms as needed for complex product structures, in accordance with company policy and state regulations. • Document and maintain policy issuance process and state availability guidelines for assigned products. • Assist in policy automation efforts, including user acceptance testing of forms and benefit features. • Assist in maintaining current forms library and publishing updates for both internal and external use. • Maintain fulfillment status and regular reporting of fulfillment activity. • Complete fulfillment requests timely and accurately, within established timeframes. • Respond timely to customer requests and where applicable, leverage technology to streamline the fulfillment process. • Collaborate with Underwriting, Claims, Legal, and Actuarial teams to deliver high-quality insurance products and respond timely to product inquiries. • Analyze marketing/advertisements for compliance and problematic language. • Draft and file policy forms reflecting underwriting intent and consistent with regulatory requirements. • Develop issue instructions and ensure that the approved product is operationalized. • Establish and maintain strong relationships with internal business units and external partners. • Perform other related duties as assigned by the manager.

Job Requirements

  • Bachelor’s degree (or equivalent experience) from an accredited college or university required
  • 3 or more years of equivalent work experience in the insurance industry, ideally with direct exposure to one or more of the following A&H product lines: Travel, Ancillary Benefits, Stop Loss, Occupational Risk, Travel Medical, Special Risk, Pet, and/or Life Insurance.
  • Demonstrated knowledge of insurance compliance laws and regulations.
  • A&H Travel knowledge preferred.
  • Proficient in Microsoft Office software, including Microsoft Word, Outlook, and Excel
  • Excellent organizational, verbal, and written communication as well as interpersonal skills
  • Flexible and open to an ever-changing, fast paced environment.
  • Ability to work independently, prioritize and organize own work to meet deadlines
  • Meticulous with a high degree of accuracy and ability to multitask
  • Ability to manage conflict tactfully and effectively.
  • Strong research, decision-making, and analytical skills.

Benefits

  • Competitive compensation package
  • Generous 401K employer match
  • Employee Stock Purchase plan with employer matching
  • Generous Paid Time Off
  • Excellent benefits that go beyond health, dental & vision.
  • Wellness programs focused on your whole family’s wellness, including physical, mental and financial wellbeing.
  • Tuition reimbursement and professional training for career development.
  • Opportunities for community involvement and volunteer opportunities.

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