Insurance Compliance Analyst

2 weeks ago


Hartford, Connecticut, United States Sacred Heart University Full time
Position Overview
Are you a detail-oriented and dedicated professional with a strong commitment to protecting consumer interests and ensuring equitable insurance practices? This role is tailored for individuals who are enthusiastic about upholding the highest standards within the insurance sector and advocating for fair treatment of policyholders.

About the Role
As an Insurance Examiner at Sacred Heart University, you will be instrumental in enforcing state insurance regulations, ensuring fair treatment for policyholders, and fostering a competitive market for insurance availability.

Key Responsibilities:
  • Conduct comprehensive examinations of insurance entities to verify compliance with state laws and regulations.
  • Analyze financial documents, policies, and other pertinent materials to evaluate the financial health and stability of companies.
  • Identify and assess potential risks and operational issues within insurance organizations.
  • Collaborate with team members to formulate and execute examination strategies.
  • Prepare detailed reports that document findings and provide actionable recommendations.
  • Engage in discussions with insurance company representatives regarding examination outcomes.
  • Stay updated on industry developments, regulatory shifts, and effective practices.

At Sacred Heart University, we provide a supportive work environment that encourages professional growth and development. As an Insurance Examiner, you will have the opportunity to positively influence the lives of individuals by ensuring access to reliable insurance options.

Minimum Qualifications:
Applicants should possess six (6) years of experience in areas such as claims, underwriting, sales, actuarial work, or regulatory oversight of the insurance industry. Alternatively, experience in governmental examination of insurance companies' financial conditions is acceptable.

Special Experience:
Two (2) years of the general experience must be at a paraprofessional level.

Substitutions:
College education may substitute for general experience, with 15 semester hours equating to six months of experience, up to a maximum of four years for a Bachelor's degree. A Master's degree in a relevant field may substitute for an additional year of experience. Relevant certifications may also fulfill special experience requirements.

Preferred Qualifications:
  • Experience or coursework in audits and risk assessment principles.
  • Skills in analyzing and evaluating information to draw conclusions.
  • Experience in report writing.
  • Background in teamwork and collaborative projects.

Special Requirements:
Travel may be necessary for this position, and a valid Motor Vehicle Operator's license may be required.

Equal Opportunity Employer:
Sacred Heart University is an equal opportunity employer and encourages applications from women, minorities, and individuals with disabilities.

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