Senior Audit & Compliance Analyst, Insurance Operations

Posted 4 Days Ago
Chicago, IL
Senior level
Insurance
The Role
The Senior Audit & Compliance Analyst at SageSure will manage external audits, remediate audit findings, ensure compliance with regulatory requirements, and communicate with stakeholders. The role involves project management, preparing documentation for audits, coordinating with various departments, and improving processes based on compliance risks and outcomes.
Summary Generated by Built In

Overview:

If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leading Managing General Underwriter in catastrophe-exposed property insurance, is seeking a Senior Audit & Compliance Analyst to partner with SageSure’s carrier partners and internal SMEs in the execution of external audits, remediating gaps discovered during audits, and orchestrate the delivery of carrier compliance & statistical reporting.

The Carrier Operations team sits within the Office of the CEO is one of the most agile at SageSure. The team operates at the highest levels within the organization and regularly works with the C-Suite and other Senior Leaders internally and externally to foster strong operational partnerships, and responsible management of our carrier portfolios. This role offers the opportunity to make a meaningful impact across multiple departments at SageSure as we continue our rapid growth.

What you’d be doing:

  • Audit Coordination & Management:
    • Provide project management oversight with managing, tracking and coordinating requests, responses, and outcomes of Managing General Agent (MGA) audits, market conduct exams, and other external audits.
    • Collaborate with internal departments to prepare for audits, ensuring all necessary documentation and information are readily available.
    • Serve as one of the primary points of contact for auditors and examiners, facilitating communication and providing requested data and documentation.
  • Audit Remediation & Follow-Up:
    • Analyze audit findings and collaborate with relevant departments to develop and implement corrective action plans.
    • Track the progress of remediation efforts, ensuring all necessary actions are completed within the stipulated timelines.
    • Report on the status of remediation efforts to senior management and other stakeholders.
  • Compliance & Statistical Reporting:
    • Ensure the accurate and timely delivery of all data calls and statistical reporting obligations to our carriers,
    • Maintain up-to-date knowledge of regulatory and carrier reporting requirements, adjusting internal processes as needed to remain in compliance.
  • Stakeholder Communication:
    • Regularly communicate with internal and external stakeholders, including carriers and senior management, to ensure alignment on compliance and audit-related matters.
    • Prepare and present reports and dashboards on audit outcomes, compliance status, and remediation progress.
  • Documentation & Process Improvement:
    • Support the development of the Carrier Compliance Health Scorecard and regularly report on results to SageSure leadership
    • Identify and assess compliance risks related to carrier audits and reporting obligations, partnering with internal departments to implementing process improvements to mitigate these risks.
    • Build repository of operating procedures and reference materials for SageSure’s Carrier Audit & Compliance processes

We’re looking for someone who has:

  • Bachelor's degree in Business Administration, Operations Management, Finance, Accounting or other a related field
  • Minimum of 4 years of experience working in insurance audit, compliance, or related roles
  • Knowledge of insurance carrier regulatory requirements and industry best practices
  • Excellent organizational and time management skills
  • Strong communication and interpersonal skills
  • Ability to coordinate cross-functional initiatives
  • An extremely strong eye for detail

Highly preferred candidates also have:

  • Relevant insurance designations such as CPCU, ARC, ARe, ARM, AINS, etc.
  • Project Management Professional Certification
  • Proficiency with Smartsheet, Jira

About SageSure:

As a Best Places to Work in Insurance Recipient for four years in a row (2020-2023), SageSure, one of the largest residential property insurance managing general underwriter (MGU) in the United States, is pioneering ways people protect their American Dream.

A leader in catastrophe-exposed property insurance, SageSure was founded in 2009 to deliver reliable products, exceptional customer experiences, and strong underwriting results in challenging insurance markets. SageSure currently operates in 14 states and provides home, flood, and commercial coverage on behalf of its highly rated carrier partners.

We have more than 600 employees working remotely or hybrid in one of our eight offices—Jersey City, NJ; Mountain View, CA; Chicago, IL; Tallahassee, FL; Cincinnati, OH; Houston, TX; Mt. Laurel, NJ; and Cheshire, CT—who are tackling the industry’s toughest challenges.  

We provide generous health benefits and perks, including tuition reimbursement, wellness allowance, paid volunteer time off, a matching 401K plan, and more.

SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work.

Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you.



The Company
HQ: Jersey City, NJ
268 Employees
On-site Workplace
Year Founded: 2006

What We Do

SageSure is an innovation-focused insurance and technology company specializing in underserved property markets. As the leading homeowners insurtech organization in the U.S. measured by premium and profitability, we offer more than 40 competitively priced insurance products on behalf of our carrier partners, serving 300,000+ policyholders. SageSure partners with a growing network of insurance agents and brokers in 14 coastal states.

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