Compliance Specialist - Lakeland, United States - Summit Consulting

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    Description
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    Compliance Specialist (Hybrid)

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    remote type

    Hybrid

    locations

    Lakeland, FL (USA)

    time type

    Full time

    posted on

    Posted Yesterday

    job requisition id

    R5714


    Headquartered in the Central Florida city of Lakeland, Summit employs over 700 office and field associates at its main location and regional offices in Baton Rouge, Louisiana, and Gainesville, Georgia.

    As the people who know workers' comp, we strive to provide an atmosphere of constant growth and development for our employees.

    Summit provides workers' compensation programs and services to thousands of employers throughout the Southeast.


    Summit is a member of Great American Insurance Group, a company that focuses on building relationships and linking people to various career paths.

    Whether it's underwriting, claims, accounting, IT, legal, or customer service, Great American Insurance Group combines a small-company entrepreneurial atmosphere with big- company expertise.

    It's one thing to know workers' comp. It's another to know people. But knowing both? That creates an altogether different experience.

    So, if you're ready for an altogether different workplace experience, get to

    know

    the people who know workers' comp. Apply today.

    Essential Job Functions and Responsibilities
    Administers and may participate in the development and implementation of Compliance programs. Ensures compliance with the laws, regulations and rules of federal, state, and self-regulatory organizations.

    Prepares and files regulatory and compliance documents and/or reports.
    Handles interactions pertaining to approvals.
    Analyzes and responds to objections and inquiries from authorities.
    Drafts and delivers complaint responses.
    Creates forms and reports to comply with new or existing regulatory requirements. Prepares memorandums regarding the use of forms.
    Administers and enforces company related compliance guidelines.


    Receives, analyzes, interprets, and responds to regulatory matters and/or inquiries from the various state departments of insurance, federal agencies, self-regulatory organizations, industry associations, and/or internal and external customers.

    Refers more complex matters to appropriate staff, as needed.
    Administers policyholder dividend plans and calculates distributions in accordance with each plan. Initiate Board declarations and approvals. Works with agents as necessary.
    Administers specialty retrospectively rated plans.
    Coordinates, administers, reports on, and develops audit/review processes.
    Maintains and retrieves material from departmental databases and files.
    May perform research.
    May provide back-up coverage for other compliance areas.
    Maintains and leverages strong relationships within state insurance departments and/or other regulatory authorities. Acts as a liaison between the organization, specific departments/business units, third party vendors, and regulatory authorities.
    Demonstrates expert knowledge of the organization, regulatory agencies and current trends in ensuring compliance.
    Provides technical advice to less experienced positions and other functional areas.

    May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.

    Performs other duties as assigned.

    The person hired for this position will work out of the Lakeland, FL office which offers a hybrid work environment of 3 days in the office and 2 days' work from home.

    #LI-Hybrid

    Job Requirements

    Education:
    Bachelor's Degree or equivalent.

    Field of Study:
    Business, Liberal Arts, or related discipline.

    Experience:
    Generally, 5 to 8 years of insurance/ securities related experience. Continuing progress toward and/or the completion of an Associate Insurance Regulatory Compliance (AIRC) designation.


    Company:
    SCI Summit Consulting, LLC


    Benefits:
    We offer competitive healthcare, retirement, and paid time off benefits for full-time and part-time benefit eligible employees.

    About Us

    Great American Insurance Group understands the importance of choosing a financially strong company. We are an organization built for the long term and are committed to giving you that strength.
    Why can you trust Great American Insurance Group?
    For nearly 150 years, Americans have trusted us to protect them. Our innovative insurance solutions and specialization serves niche marketplaces that we know well. This expertise gives us a successful foundation that spans generations.
    You never know where a career in insurance will take you.

    Whether you are starting your career or are looking for a company to grow your experience, at Great American Insurance Group, you can join our more than 8,100 employees to "Be Here.

    Be GREAT"

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