Director, Property & Casualty Compliance

This is a fully remote position, open to applicants in United States.

📋 Description

• Spearhead the development, execution, and continuous improvement of the P&C compliance program.

• Deliver strategic compliance advice and consultation to business leaders and stakeholders.

• Cultivate a culture of ethics, integrity, accountability, and adherence to regulations.

• Track emerging regulatory developments and industry trends while evaluating their potential impacts on the business.

• Ensure compliance with relevant federal and state insurance laws, regulations, and guidelines.

• Guide business partners on regulatory mandates concerning claims, underwriting, product administration, producer activities, consumer protection, privacy, anti-fraud measures, and market conduct.

• Assist in the application of regulatory changes and monitor adherence to new requirements.

• Manage responses to regulatory inquiries, examinations, and information requests.

• Identify, evaluate, and oversee compliance risks across the P&C sector.

• Collaborate with business units to devise and implement effective controls and risk mitigation strategies.

• Conduct compliance assessments, monitoring activities, and risk evaluations to measure conformity with regulatory standards and company policies.

• Monitor and report on compliance risks, issues, and corrective action plans.

• Provide strategic oversight for the P&C Compliance team’s execution of SOX controls testing, compliance monitoring, and quality review tasks, ensuring timely and accurate completion in line with established methodologies and regulatory expectations.

• Supervise SOX compliance activities, including control design evaluations, operational effectiveness testing, issue management, and coordination with auditors and business stakeholders.

• Set performance benchmarks, metrics, and reporting for compliance testing, quality reviews, and SOX activities, nurturing a culture of accountability, ongoing improvement, and regulatory compliance.

• Guide and mentor compliance team members responsible for organizing quarterly divisional compliance meetings to ensure accountability and prompt resolution of compliance issues across the business unit.

• Create and sustain processes for monitoring emerging regulatory trends, enforcement actions, emergency orders, and industry guidance that affect the P&C sector, ensuring relevant business areas are informed, prepared, and compliant with new or modified requirements.

• Develop and maintain compliance metrics, dashboards, and reports for leadership and governance committees.

• Prepare and deliver compliance updates, risk assessments, and emerging issues to senior leadership.

• Assist governance committees and working groups that focus on compliance, conduct, and fraud risk management.

• Maintain documentation that supports compliance activities and oversight responsibilities.

• Work collaboratively with business leaders and the Special Investigations Unit (SIU) to enhance fraud prevention, detection, investigation, and reporting efforts.

• Offer guidance on fraud-related regulatory obligations, state fraud plans, reporting responsibilities, and anti-fraud training requirements.

• Consult on OFAC sanctions monitoring and ensure regulatory compliance.

• Support enterprise fraud and OFAC governance initiatives as well as cross-functional fraud and OFAC risk management efforts.

• Collaborate with compliance and business stakeholders to create and implement compliance training and awareness initiatives.

• Foster understanding of regulatory mandates and compliance expectations throughout the organization.

• Assist with role-specific training programs related to claims handling, anti-fraud standards, market conduct, and other compliance subjects.

• Coordinate compliance-related audits, examinations, and reviews.

• Aid in issue management, remediation planning, and tracking corrective actions.

• Ensure prompt resolution of compliance findings and regulatory concerns.

⛳️ Requirements

• High School Diploma or GED equivalent is required.

• A Bachelor’s degree (or advanced degree) in Business, Insurance, Legal Studies, or a related field is preferred.

• Over 8 years of progressive experience in insurance compliance, regulatory affairs, legal matters, audit, risk management, operations, claims, underwriting, or a related field.

• Strong understanding of Property & Casualty insurance operations and regulatory standards.

• Experience in engaging with regulators, auditors, and senior leadership.

• Proven experience in leading projects, teams, or compliance initiatives.

• Industry certifications/designations such as CPCU, CCEP, CFE, CAMS, or similar are preferred.

🏝️ Benefits

• Hybrid or remote work environment based on resident state.

• Occasional travel may be necessary.

• Availability to work during irregular hours may be required occasionally.

• Must adhere to all company policies regarding confidentiality and the handling of sensitive information.