Associate, Regulatory

1 week ago


Chicago, Illinois, United States Ryan Specialty Full time

Ryan Specialty is looking for an Associate, Regulator & Compliance Operations to join our Chicago, IL team. We are a fast-paced, energetic, and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. Ryan Specialty has been named one of America's Most Loved Workplaces by Newsweek, and has been named 2023 Top Insurance Employer by Insurance Business America.

Position Summary

The Regulatory & Compliance Associate ("Associate") supports the Director of Regulatory & Compliance, Operations, and the Regulatory & Compliance department in all matters of developing, managing, deploying and ongoing enhancement of RSG's Regulatory & Compliance Framework ("Framework"). One of the primary goals of RSG's Framework is to control the risk of legal and regulatory violations and to ensure that RSG's activities are conducted ethically and in compliance with relevant regulations, laws, and standards.

Essential Functions
  • Responsible for working with internal and external teams providing support and responding to questions on various compliance topics
  • Responsible for coordinating regulatory & compliance DOI inquiries and industry complaints to ensure timely and complete responses
  • Research and provide support documentation gathered from various systems to support DOI inquires
  • Review and obtain exception requests for gifts & entertainment expenses
  • Review records for sanctions and enhanced due diligence reviews for Know Your Customer (KYC)
  • Respond to Lloyd's annual compliance reviews for RSG and manage Lloyd's Coverholder information in the Atlas system
  • Research and provide responses and documentation for third party audits
  • Maintain and enhance the Regulatory & Compliance internal and external SharePoint site
  • Maintain trackers for gifts and entertainment, foreign transactions, and complaints handling processing and store reference documentation and requests

Education/Experience/Skills:

  • Bachelor's Degree or equivalent work experience required; insurance experience preferred
  • Ability to establish and maintain strong relationships across business units.
  • Ability to


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