Regulatory Compliance ManagerBerkley One is a modern insurance provider for a modern generation of affluence. We serve clients who live dynamic, adventurous lives and expect their insurance experience to match. Our mission is to deliver highly personalized risk and claims management through a blend of expert independent agents, cutting-edge digital tools, and the strength of the Berkley brand.At Berkley One, you'll be part of a forward-thinking team that's re-imagining personal insurance.
We're building solutions that are as sophisticated and agile as the clients we serve—individuals and families who value innovation, simplicity, and exceptional service. You'll collaborate with passionate professionals, leverage modern technology, and help shape the future of our industry.The Company is an equal employment opportunity employer.ResponsibilitiesAs our Regulatory Compliance Manager, you'll report to the operating unit General Counsel and is responsible for designing, executing and overseeing regulatory compliance for consumer insurance business. You'll liaise between the operating unit General Counsel, operating unit stakeholders (Product, IT, Operations, Actuarial, Claims) and state regulators to ensure the operating unit meets all applicable compliance and regulatory requirements.This role will be based in our Morristown, NJ office.
We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.What you can expect:Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talentInternal mobility opportunitiesVisibility to senior leaders and partnership with cross functional teamsOpportunity to impact changeBenefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing educationWe'll count on you for:Regulatory ComplianceLead the execution and continuous improvement of the consumer business compliance program, ensuring alignment with enterprise compliance policies and state regulatory obligationsServe as senior compliance advisor to business and functional leaders on regulatory requirements, risks and controlsRegulatory Change ManagementReview new and amended laws, regulations and bulletins for applicability, summarizing and communication to stakeholdersWork with stakeholders to effectuate timely execution of changePrivacy, Data Security and Sanctions ScreeningSupport and monitor privacy and data security compliance programsOversee sanctions screening, perform risk assessments, perform clearing of potential matchesRegulatory Examinations and Consumer ComplaintsDirect and manage operating unit response to market conduct examinations, other external audits, and consumer complaintsWork with stakeholders to meet timelines, prepare complete responses, and execute remediation plansSupport and act as SME for Agency Licensing and Appointments, Medicare Reporting and Data CallsOversee and monitor the operating unit's compliance as to Medicare Reporting, Agency License and Appointment and Data CallsSupport the teams charged with performing the day-to-day work in those areasQualificationsWhat you need to have:Bachelor's Degree required7+ years of state insurance regulation in highly regulated lines of businessProven leadership experience with the ability to manage complex, cross-functional initiatives and build partnerships with Legal, Product, Operations, IT, and Corporate Compliance to operationalize regulatory requirementsAbility to synthesize complex regulatory requirements into practical business guidance and processesDemonstrated experience in managing state insurance regulatory inquiries, consumer complaintsExcellent written and verbal communication, including regulator-facing correspondence and executive level communication and influenceWhat makes you stand out:Juris Doctor or Paralegal Certificate preferred but not requiredExperience with consumer-facing compliancePrior Claims Adjuster experience with Personal Lines, Workers Compensation and/or Commercial AutoDemonstrated experience in managing state insurance regulatory inquiries, consumer complaintsAdditional Company DetailsWe do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include: • Base Salary Range: $100,000 - $150,000 • Eligible to participate in annual discretionary bonus. • Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.Sponsorship DetailsSponsorship not Offered for this Role