Ryan Specialty Group
Senior Operations, Controls, & Carrier Compliance Specialist
Ryan Specialty Group, Chicago, Illinois, United States, 60290
Position Summary
Senior Operations, Controls, & Carrier Compliance Specialist is responsible for evaluating carrier partners’ adherence to industry regulations and company policies. The role collaborates with internal audit teams, maintains precise records, and produces comprehensive reports along with recommendations.
Responsibilities
Contribute to establishing the processes, policies, and guidelines for carrier audit and compliance programs.
Develop and implement quality assurance measures to ensure consistency and accuracy in compliance assessments.
Review the compliance of carrier partners with industry regulations, state laws, and company policies.
Assess carrier contracts to ensure alignment with legal and regulatory requirements.
Conduct audits of carrier operations to verify compliance with contractual agreements, regulatory standards, and company policies.
Collaborate with internal audit teams to coordinate comprehensive assessments.
Conduct research to identify potential risks and areas for improvement in carrier operations.
Maintain accurate records of audit findings, ensuring documentation of compliance or non‑compliance issues.
Investigate compliance‑related issues identified during audits, collaborating with carriers to implement corrective actions and ensure contract enforcement.
Prepare detailed reports summarizing audit results, providing insights, and recommending corrective actions.
Collaborate with internal teams to develop and implement policies and procedures that promote and enforce carrier compliance.
Provide training and guidance to carriers on compliance expectations.
Analyze data related to carrier performance, compliance metrics, and audit outcomes to identify trends and areas for improvement.
Identify opportunities for process improvements in the carrier compliance program and contribute to the enhancement of overall operational efficiency.
Qualifications
Bachelor’s degree required, Master’s degree preferred; Business Operations, Finance, Legal preferred. Any other related discipline or commensurate work experience considered.
6 years of experience in Insurance Industry Audit or Compliance with a Bachelor’s degree, or 3 years and a Master’s degree.
Licenses & Certifications: Certified Insurance Compliance Professional (CICP) is a plus.
Equal Opportunity Statement Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
Benefits Ryan Specialty seeks to offer our employees a comprehensive and best‑in‑class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well‑being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
Salary Range The target salary range for this position is $96,840.00 - $121,050.00 annually. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full‑time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
Accommodations We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com.
Disclaimer The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
#J-18808-Ljbffr
Responsibilities
Contribute to establishing the processes, policies, and guidelines for carrier audit and compliance programs.
Develop and implement quality assurance measures to ensure consistency and accuracy in compliance assessments.
Review the compliance of carrier partners with industry regulations, state laws, and company policies.
Assess carrier contracts to ensure alignment with legal and regulatory requirements.
Conduct audits of carrier operations to verify compliance with contractual agreements, regulatory standards, and company policies.
Collaborate with internal audit teams to coordinate comprehensive assessments.
Conduct research to identify potential risks and areas for improvement in carrier operations.
Maintain accurate records of audit findings, ensuring documentation of compliance or non‑compliance issues.
Investigate compliance‑related issues identified during audits, collaborating with carriers to implement corrective actions and ensure contract enforcement.
Prepare detailed reports summarizing audit results, providing insights, and recommending corrective actions.
Collaborate with internal teams to develop and implement policies and procedures that promote and enforce carrier compliance.
Provide training and guidance to carriers on compliance expectations.
Analyze data related to carrier performance, compliance metrics, and audit outcomes to identify trends and areas for improvement.
Identify opportunities for process improvements in the carrier compliance program and contribute to the enhancement of overall operational efficiency.
Qualifications
Bachelor’s degree required, Master’s degree preferred; Business Operations, Finance, Legal preferred. Any other related discipline or commensurate work experience considered.
6 years of experience in Insurance Industry Audit or Compliance with a Bachelor’s degree, or 3 years and a Master’s degree.
Licenses & Certifications: Certified Insurance Compliance Professional (CICP) is a plus.
Equal Opportunity Statement Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
Benefits Ryan Specialty seeks to offer our employees a comprehensive and best‑in‑class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well‑being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
Salary Range The target salary range for this position is $96,840.00 - $121,050.00 annually. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full‑time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
Accommodations We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com.
Disclaimer The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
#J-18808-Ljbffr