Senior Regulatory Compliance Analyst
$70,000–$95,000 year
On-siteBedford Park, Illinois, United States
Job Summary
Monitor changes in state and federal P&C insurance regulations, including personal auto, commercial auto, and general liability requirements, translating them into clear guidance for business teams. Track proposed bills and enforcement trends impacting underwriting, rating, policy forms, claims handling, billing, cancellations, cybersecurity, advertising, and producer practices. Assist with developing and maintaining compliance policies, procedures, and controls while performing risk-based focused department reviews to document findings and remediation activities. Act as a trusted advisor to promote awareness of regulatory requirements and audit findings across the organization. Support business units with compliance training and participate in organization-wide projects related to product or process changes. Maintain compliance calendars and documentation supporting regulatory approvals. Serve as a mentor to other Regulatory Compliance Analysts and Compliance Quality Analysts.
Required Qualifications
- 6+ years of experience in insurance regulatory compliance, preferably in Personal & Commercial Auto and General Liability or similar property and casualty work experience
- Substantial working knowledge of personal auto and commercial auto insurance regulations
- Exceptional time management, written and verbal communication skills with a high level of professionalism, and extraordinary attention to detail with the ability to shift focus & manage multiple priorities independently
- Experienced in conducting insurance industry auditing of personal and commercial auto insurance with a focus on internal policies, statutory regulations, risk identification & mitigation and industry best practices
- Demonstrated analytical, investigative, and problem‐solving skills with proven capability to translate complex regulatory requirements into practical guidance
- Excellent written and verbal communication skills
- Experienced in cross‐functional collaboration to understand other business units' needs, long term goals, objectives and challenges in order to formulate recommended solutions and guidance
- Experience using artificial intelligence (AI)–enabled tools to support research, data analysis, document review, and workflow efficiency while maintaining accuracy, confidentiality, and regulatory compliance
- Ability to work both independently and in a team environment
- Exceptional organizational skills with a high level of attention to detail
- Knowledge of the following: Microsoft Office Suite, including OneNote and LIST
- Viewing records in Guidewire, PTS, and ImageRight
- Thomson Reuters' Westlaw and APCIA Compliance research resources
Desired Qualifications
- Bachelor's degree in Business, Finance, Risk Management, Legal Studies, or a related field
- Experience with supporting policy form, rate, or rule filings for auto insurance
- Experience with market conduct exams involving underwriting or claims practices
- Familiarity with NAIC Model Laws, NIST guidelines, unfair trade practices, and consumer protection requirements
- Professional certifications such as ACP, CCP, or CCEP
- Experience using compliance management systems or regulatory tracking tools (i.e. Thompson Reuters Westlaw or Wolters Kluwer OneSumX)
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