Liberty Mutual
Senior Compliance Analyst
Job Description
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
Auto State Management is hiring for its Compliance analyst team. This is a range posting. Level of position offered will be based on skills and experience at manager discretion.
Under limited supervision, performs moderate to complex compliance research and regulatory analysis in order to achieve business objectives in a compliant manner in assigned states or product line. May oversee projects that require greater expertise, typically for states with higher volume and/or regulatory scrutiny. Makes recommendations for improvements. Thought partner with Director of State Operations (DSO) and other State Management team members for their assigned region.
- Lead moderate to high complexity projects to ensure the company stays compliant with statutes and regulations. Provide clear measures of success, ensure stakeholders are informed and deadlines are met.
- Be an expert and answer compliance related inquiries for your assigned states and/or areas of expertise.
- For complex regulatory states, conduct and document research for countrywide programs rollouts.
- Use various resources to conduct compliance research, to compile information, to assess whether current approaches are compliant and to document learnings.
- Assist in developing the handling strategy for escalated items and various regulator interactions.
- Monitor proposed and enacted legislation and regulation, identify business impacts and work with stakeholders to achieve the best possible outcome for the company.
- Drives risk mitigation through the support of issues management and promotion of controls.
- Identify and execute process improvement opportunities.
- If the need arises, lead, mentor and assist new personnel to the Department
Qualifications
- Bachelor`s degree in a quantitative subject (example: Mathematics, Finance, Economics) or Legal/Political Science/Insurance and experience with quantitative analysis preferred.
- Approx. 3 to 5 years related work experience preferred.
- Knowledge of insurance principles and concepts required.
- Advanced analytical/problem solving and research skills.
- Effective communication skills for writing reports/proposals and making presentations.
- Ability to work independently and lead others during projects is a must.
About Us
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran’s status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
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