Position Overview

GEICO is seeking a dedicated and detail-oriented analyst to support the Regulatory Examination Management team. You will play a crucial role in ensuring the company’s compliance, with a specific emphasis on supporting Regulatory Examinations (MCEs, MCIs, Financial Exams, etc). The Compliance Analyst works cross-functionally with operational lines, legal, IT, product, and internal controls. The ideal candidate will have a deep understanding of market conduct and/or similar regulatory compliance work, excellent communication skills, strong analytical abilities, a commitment to ethical conduct, a proactive approach to risk identification, and support a culture of collaboration with various departments within the organization.

Key Responsibilities

The duties and responsibilities of this position consist of, but are not limited to, the following:

Assist with regulatory examinations and responses to regulatory inquiries for GEICO businesses, with specific emphasis on inquiries related to policy underwriting and rating activities, insurance products, and customer service handlingAct as a liaison between other departments to draft and provide timely and accurate responses to regulatory examination and investigation requestsCompile and maintain detailed records of correspondence, data, and documents provided to or received from Department of Insurance related to the Market Conduct ExamsProvide data, form, process and procedural analysis for examinationsProvides support post-corrective action and identify any additional opportunities to ensure changes are implemented as intendedCommunicate exam status and updates, which may involve presenting findings and recommendations in a memo or presentation to managementLead decision-making forums as subject matter expert. Present and defend recommendations to all levels of the organization in clear business languageResearch state laws to find applicable compliance issues, communicates issues with GEICO counsel and handle questions on procedures regarding findingsEvaluate and research examination results for other insurance companies to determine applicability to GEICOParticipate in special projects, as neededAdditional responsibilities, as assigned

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.5+ years financial industry experience within a U.S. regulated financial institution, specific work experience with insurance-related federal and state regulations relating to product, underwriting, and rating practices preferredStrong critical thinking, analysis, and verbal/written communications skillsMust be able to handle volume in a fast-paced work environment, resolve complex business problems and handle complicated issuesMust have strong organization/priority setting skillsMust be able to follow complex instructions, resolve conflicts or facilitate conflict resolution, and have strong organization/priority setting skillsMust be able to multi-taskExperience working within a fast-paced and dynamic environment, in a fully remote or partially remote roleProficient with Microsoft products - particularly Excel, Word, and Power Point

Education

Bachelor's degree with experience in compliance, auditing or a similar regulatory environment, preferredRelated professional designations (e.g. CPCU, AINS, MCM) or actively pursuing, preferred

Skills and Abilities

Advanced knowledge of regulatory compliance, relevant industry regulations and regulatory data sourcesDemonstrated subject matter expertise in compliance opportunities and resolution with emphasis on policy underwriting and rating activities, insurance products, and customer service handlingBusiness Line awarenessDetail-orientated with the ability to also understand overall strategyExcellent interpersonal skills and ability to build and foster internal and external relationshipsExcellent written and verbal communication skills requiredExcellent critical-thinking skills with the ability to be adept in identifying and resolving complex risk management problemsExcellent project management and prioritization skills

 

Annual Salary

$52,275.00 - $115,825.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

 

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

 

Benefits:

As an Associate, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:

Premier Medical, Dental and Vision Insurance with no waiting period**Paid Vacation, Sick and Parental Leave401(k) PlanTuition AssistancePaid Training and Licensures

*Benefits may be different by location.  Benefit eligibility requirements vary and may include length of service.

**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.