Regulatory Analyst

Regulatory Analyst
Company:

Travelers Insurance



Job Function:

Legal

Details of the offer

Hartford, Connecticut Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Compensation Overview The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$57,400.00 - $94,600.00 Target Openings
1 What Is the Opportunity?
In Business Insurance Actuarial and Analytics, we deliver tailored analytics and innovative data science solutions that influence decisions and enable superior results. We have an inclusive culture where everyone feels that they belong, can be authentic, are valued, respected, empowered and part of our success. We see strength in the uniqueness that each of us contributes to creating innovative solutions and improving business outcomes.
In the State & Bureau Regulatory Affairs Department, the Regulatory Analyst will manage the development, submission, negotiation and approval of rate, rule and form filings. The position will provide support to business units on filing related issues and coordinate interaction with business unit representatives, Legal, Government Affairs and other areas to assure appropriate individuals are involved during the course of a filing. What Will You Do? Develop and prepare rule, rate and form filings to achieve business unit objectives and gain regulatory approval. This includes providing direction and support to the business units in the development and preparation of the material to be filed. In conjunction with Regulatory Manager, develops the overall filing strategy. Manage the communication and negotiation of filings with state insurance departments in a manner that will result in timely approval of company products. Apply problem solving techniques to assist business unit personnel when responding to regulatory issues. Communicate with appropriate company personnel to ensure timely implementation of filings. Review and analyze state insurance department statutes, regulations, bulletins, etc. to determine filing and regulatory requirements. Stay current on changes and developments that impact insurance design and development, in addition to filing requirements. In conjunction with peers and/or manager, interpret state insurance statutes, regulations, etc. to provide guidance and direction to business units. Manage bureau (ISO, NCCI) associated filings and related issues. Develop and maintain extensive personal contacts with state insurance department staff. Represent the company at industry meetings. Perform other related duties, including short or long term projects, as assigned by senior staff. What Will Our Ideal Candidate Have? Knowledge of regulatory and compliance aspects of the insurance industry. Strong knowledge of general regulatory requirements as they relate to commercial insurance. Knowledge of business line products, including company organization and procedures. Develop expertise in state regulations for assigned states. Willing to accept new responsibilities and adapt to change. Strong prioritization and organizational skills. Ability to develop strong oral and written communication skills; ability to negotiate skillfully and successfully. Communicates effectively at all levels across the organization. Ability to develop research and analytical skills. Develop problem solving skills and ability to identify complex, critical and sensitive filing issues. Knowledge of various computer applications (Email, Microsoft Word, SERFF, etc.) Develop problem solving skills and ability to identify complex, critical and sensitive filing issues. Quality work products that are accurate, clear, concise and thorough. Ability to concisely present complex regulatory issues. Understands, synthesizes and conveys complex data. Communicates effectively at all levels across the organization. Takes responsibility for decisions and actions. Ability to prioritize and multi-task duties and projects on a timely basis. Establishes self as credible, reliable and available both within and outside the organization. Understands the business and responds to all related issues and problems in a timely manner. Establish and maintain cooperative relationships across organizational lines. Ability to represent the company as its spokesperson, work in a sensitive environment and promote the company image. Works independently and in a team environment; promotes teamwork. What is a Must Have? High School Diploma and minimum 2 years insurance knowledge required. What Is in It for You? Health Insurance : Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment. Retirement:  Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers. Paid Time Off:  Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays. Wellness Program:  The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs. Volunteer Encouragement:  We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice. Employment Practices Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results. 
In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit .
The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2010.


Source: Grabsjobs_Co

Job Function:

Requirements

Regulatory Analyst
Company:

Travelers Insurance



Job Function:

Legal

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