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Compliance Analyst - State National (Workers' Compensation)

Company: Markel Corporation
Location: Bedford
Posted on: June 8, 2021

Job Description:

Company Information:

What we look for

Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of

customer service and help maintain our position as a leader in the global marketplace.

Markel Style

The Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below.

If you think you have these core attributes we want to hear from you.

Job Summary:

The Compliance Analyst role is responsible for the daily oversight and coordination of compliance functions that are specific to workers' compensation and be able to address multiple compliance disciplines.

Essential Functions:

  • Develop and exhibit subject matter expertise in assigned areas of responsibility
  • Develop and communicate Company expectations to internal and external customers relative to assigned areas of responsibility
  • Meet statutory reporting obligations within assigned areas of responsibility
  • Develop, enhance, distribute and maintain business processes and procedures within assigned areas of responsibility
  • Monitor new laws or promulgated regulations relative to areas of responsibility
  • Develop and implement appropriate measures of internal and external compliance within areas of responsibility
  • Maintain relationships with various state insurance departments and other regulatory bureaus/entities relative to areas of responsibility

Additional Responsibilities:

  • Research and analyze unique requirements resulting from new program managers, new products, or changes in insurance regulations
  • Develop processes necessary for the Company and internal and external customers to remain compliant with new regulatory compliance requirements
  • Assist with special projects as needed
  • Performs other duties and responsibilities as required or requested

Knowledge/Skills/Abilities:

  • Proficiency in Microsoft Office Suite
  • Knowledge of Workers' Compensation insurance preferred
  • Knowledge of insurance regulatory compliance preferred
  • Project management experience helpful
  • General knowledge of the insurance industry helpful
  • Knowledge of NAIC annual statement lines of business helpful
  • Knowledge of NCCI and workers' compensation boards and bureaus preferred
  • Strong project management and organizational skills
  • Excellent people and interpersonal skills
  • Well-developed written and verbal communication skills
  • Must have the ability to analyze business needs and translate these into clearly defined action items
  • Work independently with minimal management input
  • Must be willing to learn new things and take on new responsibilities
  • Research and analysis of regulations, statutes and case law across 50 states
  • Ability to balance multiple concurrent timelines/tasks and meet deadlines
  • Ability to effectively collaborate and direct compliance issues to appropriate channels for investigation and resolution
  • Maintain a "big picture" perspective and be aware of the impact of change on both internal and external stakeholders

Education/Experience:

  • High school diploma or equivalent required.
  • Five to seven years of business experience in a professional office environment required

"Why work for us?"

Diversity and inclusion

Markel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing people's differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world.

Community involvement

Markel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising.

Commitment to open doors

Markel is committed to creating the best work environment. Our open-door policy is essential in recognizing business issues as they rise and to address the changing needs of our diverse and global workforce. Challenging management is a component of the Markel Style-some of our best ideas start from a conversation between a manager and an employee.

Entrepreneurial spirit

As the Markel Style states, we pursue excellence, strive for a better way, and share the success of others. Markel associates proactively seek new business opportunities, bringing further success to Markel.

Keywords: Markel Corporation, Bedford , Compliance Analyst - State National (Workers' Compensation), Other , Bedford, Texas

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