Regulatory Analyst - Hartford, United States - The Travelers Companies, Inc.

The Travelers Companies, Inc.

Verified Company

Hartford, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

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.
Job Category

Actuarial

Compensation Overview

Salary Range

$57, $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.
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.
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.
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 multitask 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.
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 communiti