AXA XL
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Fully Remote in USA
Compliance Risk Assessment Specialist will act as a team player within the Risk Consulting Department and will interact with underwriters, risk consultants, account consultants and/or risk engineers to address pending items from audit results. Their time will be spent ensuring compliance with various state laws and regulations across our Casualty divisions, which include Primary Casualty, Middle Market, Construction, T.H.E. (in runoff) and Environmental. The successful candidate will play a critical role in consolidating our compliance efforts.
What you’ll be doing
Risk Assessment And Compliance
Coordinate appropriate risk and accident prevention services to ensure compliance with state laws across all divisions. Support compliance strategies to address identified risks and deficiencies. Monitor and analyze regulatory changes to ensure our practices remain compliant, particularly in response to recent audit findings. Audit And Regulatory Management
Collaborate with internal teams to prepare for audits and examinations, ensuring all documentation and processes are in place. Support implementation of corrective actions as a result of audit findings. Maintain awareness of potential fines and penalties associated with non‑compliance and develop communication strategies to inform appropriate parties. Research And Development
Conduct ongoing research into state regulations to ensure underwriting practices align with current requirements. Collaborate with the team to identify potential pitfalls and compliance gaps through diligent and self‑directed research and analysis of state law changes. Assist in the development of training and awareness programs to ensure all team members are informed of regulatory changes and compliance best practices. Collaboration And Reporting
Maintain an up‑to‑date database of Applicable client, underwriter and broker contacts. Demonstrated ability to obtain, process, and record compliance data. Ability to effectively retrieve said records and communications in support of the business. Work closely with legal, underwriting, and operational teams to foster a culture of compliance and risk awareness. Participate in the preparation of reports and presentations for senior management detailing compliance status, risks, and necessary actions. Participate in cross‑functional meetings to discuss compliance initiatives and share insights on regulatory trends. You will report to the Risk Consulting Head of Americas. What you’ll bring
Bachelor’s degree in Risk, Compliance, Business, Safety or a related field. Some experience and/or understanding of compliance, risk assessment, or regulatory affairs, preferably in the insurance industry not required. Understanding of state insurance laws and regulatory requirements, with a focus on worker’s compensation. Excellent analytical, research, problem‑solving, process management and continuous improvement skills. Robust communication skills, both written and verbal, with the ability to present complex information clearly. Detail‑oriented with a proactive approach to identifying and mitigating compliance risks. Who we are
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid‑sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. Learn more at axaxl.com. What we offer
Inclusion
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed. Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever‑changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023‑26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations. The U.S. base salary range for this position is USD 73,800 - 110,000. Actual pay will be determined based upon the individual’s skills, experience and location. At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Risk Assessment And Compliance
Coordinate appropriate risk and accident prevention services to ensure compliance with state laws across all divisions. Support compliance strategies to address identified risks and deficiencies. Monitor and analyze regulatory changes to ensure our practices remain compliant, particularly in response to recent audit findings. Audit And Regulatory Management
Collaborate with internal teams to prepare for audits and examinations, ensuring all documentation and processes are in place. Support implementation of corrective actions as a result of audit findings. Maintain awareness of potential fines and penalties associated with non‑compliance and develop communication strategies to inform appropriate parties. Research And Development
Conduct ongoing research into state regulations to ensure underwriting practices align with current requirements. Collaborate with the team to identify potential pitfalls and compliance gaps through diligent and self‑directed research and analysis of state law changes. Assist in the development of training and awareness programs to ensure all team members are informed of regulatory changes and compliance best practices. Collaboration And Reporting
Maintain an up‑to‑date database of Applicable client, underwriter and broker contacts. Demonstrated ability to obtain, process, and record compliance data. Ability to effectively retrieve said records and communications in support of the business. Work closely with legal, underwriting, and operational teams to foster a culture of compliance and risk awareness. Participate in the preparation of reports and presentations for senior management detailing compliance status, risks, and necessary actions. Participate in cross‑functional meetings to discuss compliance initiatives and share insights on regulatory trends. You will report to the Risk Consulting Head of Americas. What you’ll bring
Bachelor’s degree in Risk, Compliance, Business, Safety or a related field. Some experience and/or understanding of compliance, risk assessment, or regulatory affairs, preferably in the insurance industry not required. Understanding of state insurance laws and regulatory requirements, with a focus on worker’s compensation. Excellent analytical, research, problem‑solving, process management and continuous improvement skills. Robust communication skills, both written and verbal, with the ability to present complex information clearly. Detail‑oriented with a proactive approach to identifying and mitigating compliance risks. Who we are
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid‑sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. Learn more at axaxl.com. What we offer
Inclusion
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed. Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever‑changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023‑26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations. The U.S. base salary range for this position is USD 73,800 - 110,000. Actual pay will be determined based upon the individual’s skills, experience and location. At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr