Director – Regulatory Affairs

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

📋 Description

• Develop and direct the enterprise regulatory affairs strategy, governance structure, and operational model.

• Act as the primary point of contact for the enterprise concerning major regulatory and legislative issues.

• Offer strategic advice to senior leadership and coordinate responses to intricate challenges.

• Manage regulatory examinations, inquiries, investigations, subpoenas, CIDs, attorney general investigations, and legislative or congressional inquiries.

• Lead the market conduct strategy, plan corrective actions, and implement remediation programs.

• Coordinate the enterprise's regulatory and legislative positioning, communication strategies, advocacy priorities, and stakeholder engagement efforts.

• Supervise the strategy and governance for rate, form, and product filings.

• Collaborate with Product, Pricing, Legal, and Compliance teams to identify and mitigate filing risks and regulatory issues.

• Establish and lead a proactive regulatory intelligence function.

• Anticipate emerging regulatory priorities and evaluate their impacts on products, operations, and business strategies.

• Create and maintain a regulatory risk dashboard that monitors complaint ratios, examination results, MCAS trends, legislative activities, and ongoing inquiries.

• Conduct quarterly Regulatory Insights Reviews with leaders from Underwriting, Claims, and Product.

• Oversee regulatory horizon-scanning to identify emerging risks and legislative trends.

• Provide executives and the Board with insights into regulatory risks and emerging issues.

• Conduct root-cause analysis across examinations, investigations, and complaints.

• Transform regulatory signals into strategic improvements for the enterprise and enhance filing outcomes and market readiness.

⛳️ Requirements

• A bachelor's degree is required.

• A JD, MBA, MPA, or equivalent is preferred.

• Over 15 years of experience in insurance regulation, regulatory affairs, legal, compliance, government affairs, or related fields.

• Extensive knowledge of state insurance regulations, examinations, investigations, and government affairs.

• Proven ability to lead complex regulatory initiatives and engage at the executive level.

• Strong executive presence, strategic thought processes, and skills in relationship management.

• Demonstrated capability to influence senior leaders and handle high-profile regulatory matters.

• Preferred experience interacting with insurance commissioners, state departments of insurance, attorneys general, federal agencies, and legislative bodies.

• Preferred experience in building or transforming regulatory or governance organizations.

• Preferred experience in presenting to Boards of Directors and executive leadership.

• A successful background investigation is required.

• Allstate typically does not sponsor individuals for employment-based visas for this position.

• A dedicated, private workspace free from distractions is required for remote work.

• Reliable internet connection is necessary, with minimum speeds of 50 MB download and 5 MB upload.

🏝️ Benefits

• Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse.

• Monthly connectivity reimbursement to help cover internet costs.

• Flexible remote work arrangement.

• Opportunity to support causes that are important to you.

• An environment that encourages innovative thinking.

• Meaningful work serving clients, customers, and communities.