Compliance Program Support Analyst

Posted 7 Hours Ago
Be an Early Applicant
Warren, NJ
5-7 Years Experience
Insurance
The Role
The Compliance Program Support Analyst will collaborate with Compliance Officers to manage legal and regulatory compliance for Everest. Responsibilities include building compliance controls, assisting with risk assessments, conducting compliance testing, maintaining records, and drafting reports. The role aims to promote compliance across the organization by ensuring effective controls over compliance risk.
Summary Generated by Built In

Title:

Compliance Program Support Analyst

Company:

Everest Global Services, Inc.

Job Category:

Compliance Oversight

Job Description:

About Everest:  

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. 

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

Generous tuition/continuing education reimbursement

Mentoring opportunities

Flexible work arrangements

Talent development initiatives

Networking groups

Job Summary

The mission of the Everest Group Compliance Department is to ensure, as a second line of defense, that legal, regulatory and ethics risks across Everest Group are effectively and efficiently controlled.

As a Compliance Program Support Analyst on the Compliance Program Support team, you will collaborate with subject matter Compliance Officers in working with insurance and reinsurance business and support functions to create and maintain controls over the various legal and regulatory compliance and ethics risks affecting Everest’s growing businesses.

You will help execute programs to meet Everest’s compliance goals and to promote the compliance program across the organization by making interactions run as smoothly and efficiently as possible.

You’ll use knowledge of commercial insurance and reinsurance to establish credibility with business and support function leaders so that the Compliance Department will be viewed as part of their team solving today’s business challenges.

This is a hybrid position working 3 days onsite in our Warren, NJ office and 2 days remote.

Responsibilities, in collaboration with the Chief Compliance Officer, Compliance Program Support Officer, and subject-matter Compliance Officers, include but are not limited to:

  • Assist in building up a second line of defense, consistent with requirements across jurisdictions, for all insurance and reinsurance business controls across all compliance topics

  • Assist in coordination of risk assessments across all compliance topics, to help enable deployment of available resources to meet the Annual Compliance Plan, as necessary

  • Assist in compliance quarterly and annual testings, for example by reviewing and analyzing filings, reports and records

  • Assist in compliance oversight and monitoring, for example by assisting in executing and following up on steps required under procedures

  • Assist in annual compliance surveys and questionnaires, for example by tracking responsiveness and being responsible for implementation of any changes to be made;

  • Assist in drafting and design of compliance reports, and in cross checking facts and details to be included in reports;

  • Be responsible for maintaining, establishing, and organizing records for the Department, as necessary

  • Assisting business, Legal, and key support functions to resolve identified issues, respond to government or regulatory examinations and inquiries, and ensure that going-forward controls are effective, key role in the management of regulatory examinations and inquiries

Qualifications, Education & Experience:

  • 4-year college degree required

  • Minimum 5 years’ experience in the Property and Casualty (“P&C”) (re)insurance industry, with (re)insurance companies or producers, required

  • Significant experience handling or facilitating compliance-related functions and matters, in P&C (re)insurance (preferred) or other insurance-related organizations

  • Significant experience in project management, troubleshooting multi-functional projects and reviewing/revising procedural documentation

  • Industry designations related to compliance or insurance a plus. Paralegal experience desirable

Knowledge, Skills & Competencies: 

  • Relationship-building, advocacy, and presentation skills, to create and operate Compliance Department Programs and build Compliance Department credibility and ensure acceptance of necessary compliance measures by all constituencies

  • Strong desire to be part of a collegial, collaborative and high-functioning Compliance Program Support team

  • Familiarity with the following compliance topics required:

    • Code of Conduct/Ethics/Conflicts of Interest

    • Policies and procedure development

    • Compliance monitoring and testing

    • Securities Law filings, research on EDGAR

    • Records Management

    • Management Reporting

  • Strong attention to detail and strong proofreading skills

  • Base of insurance knowledge required, of insurance products, including workers compensation, casualty, management liability, property, and marine and aviation/aerospace coverages; insurance distribution, including producers, MGUs and program administrators; claims handling

  • Proficiency in Microsoft Word, Excel and PowerPoint

  • Familiarity with webpage design and Power BI is beneficial

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.

  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

#LI-KG1

#LI-Hybrid

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

Everest U.S. Privacy Notice | Everest (everestglobal.com)

The Company
HQ: Warren, NJ
3,485 Employees
On-site Workplace
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.

Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.

FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's

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